Estonia vs Iceland: R&D tax expenditure and direct government funding of BERD

Estonia
0.1197 Percentage of GDP
in 2024
Iceland
0.1602 Percentage of GDP
in 2024
Estonia rank
5th
Iceland rank
3rd

R&D tax expenditure and direct government funding of BERD over time

  • Estonia
  • Iceland
00.050.10.150.2200020122024

How they compare

Iceland currently reports 0.1602 Percentage of GDP against 0.1197 Percentage of GDP in Estonia, a difference of 0.0405 Percentage of GDP.

That makes Iceland's figure about 1.3 times Estonia's.

The two have swapped places 2 times across 25 shared years of data; in 2000 it was Iceland ahead.

Estonia ranks 5th and Iceland ranks 3rd of 12 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Estonia Iceland Difference Ahead
2000s 0.0294 Percentage of GDP 0.044 Percentage of GDP 0.0145 Percentage of GDP Iceland
2010s 0.0635 Percentage of GDP 0.0674 Percentage of GDP 0.0039 Percentage of GDP Iceland
2020s 0.0847 Percentage of GDP 0.1248 Percentage of GDP 0.0401 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, Estonia or Iceland?
Iceland, at 0.1602 Percentage of GDP against 0.1197 Percentage of GDP in Estonia as of 2024.
What is the difference in r&d tax expenditure and direct government funding of berd between Estonia and Iceland?
0.0405 Percentage of GDP, with Iceland ahead.
How many years of comparable data are there for Estonia and Iceland?
25 years are reported by both, from 2000 to 2024.
How do Estonia and Iceland rank globally for r&d tax expenditure and direct government funding of berd?
Estonia ranks 5th and Iceland ranks 3rd of 12 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-financed BERD. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Iceland: R&D tax expenditure and direct government funding of BERD. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/r-and-d-tax-expenditure-and-direct-government-funding-of-berd-government-financed-berd/estonia-2/iceland/

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About this data

Indicator
R&D tax expenditure and direct government funding of BERD — Government-financed BERD
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
51 places, 1,190 data points, 2000–2024
Last refreshed

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.