The forecasted data shows a steady increase in higher education expenditure on R&D in Italy from 2024 to 2028, reaching an estimated 6.88 billion euros by 2028. In 2023, expenditure stood at 6.42 billion euros. The year-on-year growth rate ranges from approximately 1.54% to 1.51% over these years, reflecting a consistent upward trajectory, indicative of a strong commitment to enhancing R&D across all fields. The compounded annual growth rate over this period is projected to be around 1.62%, reaffirming gradual yet consistent investment increases in higher education R&D.
Future trends to watch for include the impact of EU funding initiatives on R&D outputs, potential policy changes affecting financial support, and shifts in global economic conditions which could influence Italy’s budget allocations toward higher education. Additionally, technological advancements and international collaborations may drive further growth in R&D expenditures.
