Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Finland
Finland: Business expenditure on R&D (BERD) in ICT sector as % of total R&D was 1.25 in 2024. ▲ Rising
Latest (2024)
1.25
Change on year
up 5.0%
World rank
14th
of 40 countries
All-time high
1.25
in 2024
All-time low
0.44
in 2015
Years of data
6
2015–2024
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Finland, 2015–2024
Source: Eurostat.
Analysis
The most recent figure for business expenditure on r&d (berd) in ict sector as % of total r&d in Finland is 1.25, measured in 2024. That is the highest value across all 6 years on record.
The figure is up 5.0% on the previous year and up 184.1% over ten years.
Over the whole period, business expenditure on r&d (berd) in ict sector as % of total r&d in Finland peaked at 1.25 in 2024 and was at its lowest, 0.44, in 2015.
Finland ranks 14th of 40 countries on this measure, in the middle of the range.
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 0.44 | — |
| 2016 | 0.82 | +86.4% |
| 2021 | 1.19 | +45.1% |
| 2022 | 1.21 | +1.7% |
| 2023 | 1.19 | -1.7% |
| 2024 | 1.25 | +5.0% |
Finland compared with similar countries
- Finland's 1.25 is above the median for Europe & Central Asia, which is 0.49, 2.6× the median. (26 countries reporting)
- Finland's 1.25 is above the median for high income countries, which is 0.55, 2.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.63 | 0.44 | 0.82 | 2 |
| 2020s | 1.21 | 1.19 | 1.25 | 4 |
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 expenditure on r&d (berd) in ict sector as % of total r&d in Finland?
- Business expenditure on r&d (berd) in ict sector as % of total r&d in Finland was 1.25 in 2024, according to Eurostat.
- What is the highest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in Finland?
- The highest recorded value was 1.25 in 2024.
- What is the lowest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in Finland?
- The lowest recorded value was 0.44 in 2015.
- How does Finland rank for business expenditure on r&d (berd) in ict sector as % of total r&d?
- Finland ranks 14th out of 40 countries with data for 2024.
- Is business expenditure on r&d (berd) in ict sector as % of total r&d rising or falling in Finland?
- Over the last ten years it is up 184.1%. 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 expenditure on R&D (BERD) in ICT sector as % of total R&D expenditure by NACE Rev. 2 activity. Statizoid updates them automatically from the source API.
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