Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Iceland
Iceland: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 142 Million euro in 2009. ◆ Volatile
Latest (2009)
142 Million euro
Change on year
down 4.7%
World rank
36th
of 47 countries
All-time high
219 Million euro
in 2007
All-time low
22 Million euro
in 1993
Years of data
15
1993–2009
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Iceland, 1993–2009
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for business enterprise r&d expenditure in high-tech sectors by nace rev. in Iceland is 142 Million euro, measured in 2009.
Compared with earlier readings it is down 4.7% on the previous year and up 61.4% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Iceland peaked at 219 Million euro in 2007 and was at its lowest, 22 Million euro, in 1993.
Iceland ranks 36th of 47 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Iceland, year by year
| Year | Million euro | Change |
|---|---|---|
| 1993 | 22 Million euro | — |
| 1994 | 23 Million euro | +4.5% |
| 1995 | 26 Million euro | +13.0% |
| 1997 | 49 Million euro | +88.5% |
| 1998 | 54 Million euro | +10.2% |
| 1999 | 88 Million euro | +63.0% |
| 2000 | 142 Million euro | +61.4% |
| 2001 | 153 Million euro | +7.7% |
| 2002 | 160 Million euro | +4.6% |
| 2003 | 142 Million euro | -11.2% |
| 2005 | 187 Million euro | +31.7% |
| 2006 | 212 Million euro | +13.4% |
| 2007 | 219 Million euro | +3.3% |
| 2008 | 149 Million euro | -32.0% |
| 2009 | 142 Million euro | -4.7% |
Iceland compared with similar countries
- Iceland's 142 Million euro is below the median for high income countries, which is 1,590 Million euro, 9% of the median. (34 countries reporting)
- Iceland's 142 Million euro is below the median for Europe & Central Asia, which is 1,284 Million euro, 11% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.67 Million euro | 22 Million euro | 88 Million euro | 6 |
| 2000s | 167.33 Million euro | 142 Million euro | 219 Million euro | 9 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Iceland?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Iceland was 142 Million euro in 2009, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Iceland?
- The highest recorded value was 219 Million euro in 2007.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Iceland?
- The lowest recorded value was 22 Million euro in 1993.
- How does Iceland rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Iceland ranks 36th out of 47 countries with data for 2009.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Iceland?
- Over the last ten years it is up 61.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 1.1 (1993-2009). Statizoid updates them automatically from the source API.
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