The number of researchers in R&D in Austria has shown an overall upward trend from 2013 to 2023, starting at 4.78 and reaching 6.51 researchers per billion persons in 2023. The year-on-year variations indicate periods of strong growth, particularly in 2014 (4.75%) and 2016 (6.44%), with some fluctuations such as a slight decrease in 2020 (-2.18%). The compound annual growth rate (CAGR) over the last five years averaged 2.77%, reflecting steady growth. Notable increases occurred in 2021 (8.78%) and a minor dip in 2020, balancing out the longer-term trend.
Looking to the future, from 2024 onwards, the forecasted CAGR is slightly lower at 1.86%, projecting a continuation of moderate growth to reach 7.33 by 2028. This indicates a 9.66% overall growth over the next five years.
Future trends to watch for include potential impacts of economic conditions, government R&D funding policies, advancements in technology, and Austria's participation in international research collaborations. Monitoring these factors will be crucial in understanding deviations from projected growth rates in the number of researchers in R&D.
