Iceland vs Korea: R&D tax expenditure and direct government funding of BERD
R&D tax expenditure and direct government funding of BERD over time
- Iceland
- Korea
How they compare
Iceland currently reports 1.32 Percentage of GDP against 1.15 Percentage of GDP in Korea, a difference of 0.17 Percentage of GDP.
That makes Iceland's figure about 1.1 times Korea's.
The two have swapped places 3 times across 18 shared years of data; in 2007 it was Korea ahead.
Iceland ranks 2nd and Korea ranks 1st of 33 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Korea in 2.
Head to head by decade
| Decade | Iceland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.8822 Percentage of GDP | 1.06 Percentage of GDP | 0.1741 Percentage of GDP | Korea |
| 2010s | 0.9136 Percentage of GDP | 1.19 Percentage of GDP | 0.279 Percentage of GDP | Korea |
| 2020s | 1.42 Percentage of GDP | 1.35 Percentage of GDP | 0.0691 Percentage of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher r&d tax expenditure and direct government funding of berd, Iceland or Korea?
- Iceland, at 1.32 Percentage of GDP against 1.15 Percentage of GDP in Korea as of 2024.
- What is the difference in r&d tax expenditure and direct government funding of berd between Iceland and Korea?
- 0.17 Percentage of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Korea?
- 18 years are reported by both, from 2007 to 2024.
- How do Iceland and Korea rank globally for r&d tax expenditure and direct government funding of berd?
- Iceland ranks 2nd and Korea ranks 1st of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as R&D tax expenditure and direct government funding of BERD — Government budgets for R&D and tax incentive support for business R&D (GBARD+GTARD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.