Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Finland
Finland: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 6,039 Million euro in 2024. ▲ Rising
Latest (2024)
6,039 Million euro
Change on year
up 5.9%
World rank
25th
of 54 countries
All-time high
6,039 Million euro
in 2024
All-time low
3,877 Million euro
in 2005
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Finland, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, business enterprise r&d expenditure in high-tech sectors by nace rev. in Finland stood at 6,039 Million euro. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 36.9% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Finland peaked at 6,039 Million euro in 2024 and was at its lowest, 3,877 Million euro, in 2005.
That places Finland 25th out of 54 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Finland, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 3,877 Million euro | — |
| 2006 | 4,108 Million euro | +6.0% |
| 2007 | 4,513 Million euro | +9.9% |
| 2008 | 5,102 Million euro | +13.0% |
| 2009 | 4,847 Million euro | -5.0% |
| 2010 | 4,854 Million euro | +0.2% |
| 2011 | 5,047 Million euro | +4.0% |
| 2012 | 4,695 Million euro | -7.0% |
| 2013 | 4,602 Million euro | -2.0% |
| 2014 | 4,410 Million euro | -4.2% |
| 2015 | 4,047 Million euro | -8.2% |
| 2016 | 3,902 Million euro | -3.6% |
| 2017 | 4,028 Million euro | +3.2% |
| 2018 | 4,227 Million euro | +4.9% |
| 2019 | 4,408 Million euro | +4.3% |
| 2020 | 4,644 Million euro | +5.4% |
| 2021 | 5,153 Million euro | +10.9% |
| 2022 | 5,397 Million euro | +4.7% |
| 2023 | 5,703 Million euro | +5.7% |
| 2024 | 6,039 Million euro | +5.9% |
Finland compared with similar countries
- Finland's 6,039 Million euro is above the median for Europe & Central Asia, which is 3,162 Million euro, 1.9× the median. (35 countries reporting)
- Finland's 6,039 Million euro is above the median for high income countries, which is 6,039 Million euro, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,489 Million euro | 3,877 Million euro | 5,102 Million euro | 5 |
| 2010s | 4,422 Million euro | 3,902 Million euro | 5,047 Million euro | 10 |
| 2020s | 5,387 Million euro | 4,644 Million euro | 6,039 Million euro | 5 |
Countries ranked near Finland
More economy & growth data for Finland
- Real gdp growth, annual growth rate 129.09 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.08 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 856.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.84 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 625.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.01 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Finland?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Finland was 6,039 Million euro in 2024, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Finland?
- The highest recorded value was 6,039 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Finland?
- The lowest recorded value was 3,877 Million euro in 2005.
- How does Finland rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Finland ranks 25th out of 54 countries with data for 2024.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Finland?
- Over the last ten years it is up 36.9%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.
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