R&D personnel and researchers in business enterprise sector … 2 in Iceland
Iceland: R&D personnel and researchers in business enterprise sector … 2 was 2,901 Full-time equivalent (FTE) in 2023. ▲ Rising
Latest (2023)
2,901 Full-time equivalent (FTE)
Change on year
down 8.3%
World rank
46th
of 54 countries
All-time high
3,162 Full-time equivalent (FTE)
in 2022
All-time low
1,260 Full-time equivalent (FTE)
in 2013
Years of data
12
2005–2023
R&D personnel and researchers in business enterprise sector by NACE in Iceland, 2005–2023
Source: Eurostat. Measured in Full-time equivalent (FTE).
Analysis
In 2023, r&d personnel and researchers in business enterprise sector by nace in Iceland stood at 2,901 Full-time equivalent (FTE).
The figure is down 8.3% on the previous year and up 130.3% over ten years.
Over the whole period, r&d personnel and researchers in business enterprise sector by nace in Iceland peaked at 3,162 Full-time equivalent (FTE) in 2022 and was at its lowest, 1,260 Full-time equivalent (FTE), in 2013.
That places Iceland 46th out of 54 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
R&D personnel and researchers in business enterprise sector … 2 in Iceland, year by year
| Year | Full-time equivalent (FTE) | Change |
|---|---|---|
| 2005 | 1,530 Full-time equivalent (FTE) | — |
| 2006 | 1,620 Full-time equivalent (FTE) | +5.9% |
| 2007 | 1,417 Full-time equivalent (FTE) | -12.6% |
| 2008 | 1,481 Full-time equivalent (FTE) | +4.5% |
| 2009 | 1,352 Full-time equivalent (FTE) | -8.7% |
| 2011 | 1,491 Full-time equivalent (FTE) | +10.3% |
| 2013 | 1,260 Full-time equivalent (FTE) | -15.5% |
| 2017 | 1,860 Full-time equivalent (FTE) | +47.7% |
| 2018 | 1,860 Full-time equivalent (FTE) | +0.0% |
| 2021 | 3,009 Full-time equivalent (FTE) | +61.8% |
| 2022 | 3,162 Full-time equivalent (FTE) | +5.1% |
| 2023 | 2,901 Full-time equivalent (FTE) | -8.3% |
Iceland compared with similar countries
- Iceland's 2,901 Full-time equivalent (FTE) is below the median for Europe & Central Asia, which is 28,882 Full-time equivalent (FTE), 10% of the median. (35 countries reporting)
- Iceland's 2,901 Full-time equivalent (FTE) is below the median for high income countries, which is 45,135 Full-time equivalent (FTE), 6% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,480 Full-time equivalent (FTE) | 1,352 Full-time equivalent (FTE) | 1,620 Full-time equivalent (FTE) | 5 |
| 2010s | 1,618 Full-time equivalent (FTE) | 1,260 Full-time equivalent (FTE) | 1,860 Full-time equivalent (FTE) | 4 |
| 2020s | 3,024 Full-time equivalent (FTE) | 2,901 Full-time equivalent (FTE) | 3,162 Full-time equivalent (FTE) | 3 |
Countries ranked near Iceland
- 43 Estonia 5,364 Full-time equivalent (FTE) compare
- 43 Estonia 5,364 Full-time equivalent (FTE) compare
- 45 Luxembourg 3,050 Full-time equivalent (FTE) compare
- 47 Latvia 2,244 Full-time equivalent (FTE) compare
- 48 Latvia 2,082 Full-time equivalent (FTE) compare
- 49 Malta 1,577 Full-time equivalent (FTE) compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % 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 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % 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 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is r&d personnel and researchers in business enterprise sector by nace in Iceland?
- R&d personnel and researchers in business enterprise sector by nace in Iceland was 2,901 Full-time equivalent (FTE) in 2023, according to Eurostat.
- What is the highest r&d personnel and researchers in business enterprise sector by nace recorded in Iceland?
- The highest recorded value was 3,162 Full-time equivalent (FTE) in 2022.
- What is the lowest r&d personnel and researchers in business enterprise sector by nace recorded in Iceland?
- The lowest recorded value was 1,260 Full-time equivalent (FTE) in 2013.
- How does Iceland rank for r&d personnel and researchers in business enterprise sector by nace?
- Iceland ranks 46th out of 54 countries with data for 2023.
- Is r&d personnel and researchers in business enterprise sector by nace rising or falling in Iceland?
- Over the last ten years it is up 130.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of R&D personnel and researchers in business enterprise sector by NACE Rev. 2 activity and sex. Statizoid updates them automatically from the source API.
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