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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
1.77%
↓ 84% below average
Average (9y)
11.03%
Historical baseline
Range
High:22.05%
Low:1.77%
CAGR
-24.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 1.77% |
| 2023 | 3.83% |
| 2022 | 18.79% |
| 2021 | 16.45% |
| 2020 | 4.16% |
| 2019 | 18.07% |
| 2018 | 8.11% |
| 2017 | 10.23% |
| 2016 | 6.89% |
| 2015 | 22.05% |