Finland vs Iceland: Research and development expenditure as a proportion of GDP
Finland
3.1%
in 2023
Iceland
2.6%
in 2023
Finland rank
11th
Iceland rank
15th
Research and development expenditure as a proportion of GDP over time
- Finland
- Iceland
How they compare
Finland currently reports 3.1% against 2.6% in Iceland, a difference of 0.5%.
That makes Finland's figure about 1.2 times Iceland's.
Across all 21 years both countries report, Finland has been ahead every year.
Finland ranks 11th and Iceland ranks 15th of 121 countries.
Finland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.4% | 2.7% | 0.7% | Finland |
| 2010s | 3.0% | 2.1% | 0.9% | Finland |
| 2020s | 3.0% | 2.6% | 0.4% | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher research and development expenditure as a proportion of gdp, Finland or Iceland?
- Finland, at 3.1% against 2.6% in Iceland as of 2023.
- What is the difference in research and development expenditure as a proportion of gdp between Finland and Iceland?
- 0.5%, with Finland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 21 years are reported by both, from 2000 to 2023.
- How do Finland and Iceland rank globally for research and development expenditure as a proportion of gdp?
- Finland ranks 11th and Iceland ranks 15th of 121 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Research and development expenditure as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.