In 2023, higher education expenditure on R&D in natural sciences in Japan stood at approximately 294.4 billion Japanese Yens. The forecast data from 2024 to 2028 indicates a steady upward trend in spending, starting at 298.02 billion in 2024 and reaching 312.91 billion by 2028. The year-on-year growth rate averages around 1.5% during this period. Notably, the compound annual growth rate (CAGR) over this five-year forecast is approximately 1.6%, suggesting a consistent and moderate increase in funding for R&D in the natural sciences sector.
Future trends to watch for include potential policy shifts in government funding, technological advancements, and collaborations between academia and industry, which could significantly impact the R&D landscape. Additionally, external factors like economic conditions and demographic changes in Japan may also influence research priorities and funding allocations in the coming years.
