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 1.2% in 2023. ▲ Rising
Latest (2023)
1.2%
Change on year
down 1.7%
World rank
15th
of 39 countries
All-time high
1.2%
in 2022
All-time low
0.4%
in 2015
Years of data
5
2015–2023
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Finland, 2015–2023
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for business expenditure on r&d (berd) in ict sector as % of total r&d in Finland is 1.2%, measured in 2023.
The figure is down 1.7% on the previous year and up 170.5% 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 1.2% in 2022 and was at its lowest, 0.4%, in 2015.
Finland ranks 15th of 39 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 | Percentage | Change |
|---|---|---|
| 2015 | 0.4% | — |
| 2016 | 0.8% | +86.4% |
| 2021 | 1.2% | +45.1% |
| 2022 | 1.2% | +1.7% |
| 2023 | 1.2% | -1.7% |
Finland compared with similar countries
- Finland's 1.2% is above the median for high income countries, which is 0.6%, 2.0× the median. (29 countries reporting)
- Finland's 1.2% is above the median for Europe & Central Asia, which is 0.5%, 2.2× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.6% | 0.4% | 0.8% | 2 |
| 2020s | 1.2% | 1.2% | 1.2% | 3 |
Countries ranked near Finland
More economy & growth data for Finland
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.68 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0211 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,183 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -285.87 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -103.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -50.63 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 24.81 % 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 1.2% in 2023, 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 1.2% in 2022.
- 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 0.4% in 2015.
- How does Finland rank for business expenditure on r&d (berd) in ict sector as % of total r&d?
- Finland ranks 15th out of 39 countries with data for 2023.
- 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 170.5%. 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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