{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"indicator":{"licence":"OECD Terms and Conditions (attribution required)","slug":"r-and-d-tax-expenditure-and-direct-government-funding-of-berd-government-budget","source":"Organisation for Economic Co-operation and Development","source_url":"https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_RDTAX@DF_RDTAX","title":"R&D tax expenditure and direct government funding of BERD \u2014 Government budget allocations for R&D (GBARD)","unit":"Percentage of GDP"},"observations":[{"date":"2000-01-01","value":0.8936},{"date":"2001-01-01","value":0.8994},{"date":"2002-01-01","value":0.9555},{"date":"2003-01-01","value":1.0282},{"date":"2004-01-01","value":0.8393},{"date":"2005-01-01","value":0.8345},{"date":"2006-01-01","value":0.8152},{"date":"2007-01-01","value":0.7951},{"date":"2008-01-01","value":0.8532},{"date":"2009-01-01","value":0.9982},{"date":"2010-01-01","value":0.9312},{"date":"2011-01-01","value":0.9277},{"date":"2012-01-01","value":0.9579},{"date":"2013-01-01","value":0.7322},{"date":"2014-01-01","value":0.7134},{"date":"2015-01-01","value":0.7325},{"date":"2016-01-01","value":0.8023},{"date":"2017-01-01","value":0.8099},{"date":"2018-01-01","value":0.8401},{"date":"2019-01-01","value":0.8194},{"date":"2020-01-01","value":1.0133},{"date":"2021-01-01","value":1.1497},{"date":"2022-01-01","value":1.0606},{"date":"2023-01-01","value":1.0845},{"date":"2024-01-01","value":1.0401}],"summary":{"latest_period":"2024-01-01","latest_value":1.0401,"max":1.1497,"mean":0.90108,"min":0.7134,"of":33,"rank":2,"trend":"rising"}}