Research and development expenditure as a proportion of GDP in Finland
Finland: Research and development expenditure as a proportion of GDP was 3.1% in 2023. ▼ Falling
Latest (2023)
3.1%
Change on year
up 3.7%
World rank
11th
of 121 countries
All-time high
3.7%
in 2009
All-time low
2.7%
in 2016
Years of data
24
2000–2023
Research and development expenditure as a proportion of GDP in Finland, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Finland recorded 3.1% for research and development expenditure as a proportion of gdp in 2023.
The figure is up 3.7% on the previous year and down 5.8% over ten years.
Over the whole period, research and development expenditure as a proportion of gdp in Finland peaked at 3.7% in 2009 and was at its lowest, 2.7%, in 2016.
Finland ranks 11th of 121 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 24 years of available data.
Research and development expenditure as a proportion of GDP in Finland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.2% | — |
| 2001 | 3.2% | -1.5% |
| 2002 | 3.3% | +1.9% |
| 2003 | 3.3% | +1.4% |
| 2004 | 3.3% | +0.3% |
| 2005 | 3.3% | +0.4% |
| 2006 | 3.3% | +0.3% |
| 2007 | 3.3% | +0.1% |
| 2008 | 3.5% | +6.0% |
| 2009 | 3.7% | +5.6% |
| 2010 | 3.7% | -0.8% |
| 2011 | 3.6% | -2.2% |
| 2012 | 3.4% | -5.9% |
| 2013 | 3.3% | -3.7% |
| 2014 | 3.2% | -3.7% |
| 2015 | 2.9% | -8.7% |
| 2016 | 2.7% | -4.9% |
| 2017 | 2.7% | +0.0% |
| 2018 | 2.8% | +1.0% |
| 2019 | 2.8% | +1.4% |
| 2020 | 2.9% | +4.2% |
| 2021 | 3.0% | +2.7% |
| 2022 | 3.0% | -1.0% |
| 2023 | 3.1% | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | 3.2% | 3.7% | 10 |
| 2010s | 3.1% | 2.7% | 3.7% | 10 |
| 2020s | 3.0% | 2.9% | 3.1% | 4 |
Countries ranked near Finland
- 8 Austria 3.3% compare
- 9 Switzerland 3.2% compare
- 10 Germany 3.2% compare
- 12 Denmark 3.0% compare
- 13 United Kingdom of Great Britain and Northern Ireland 2.7% compare
- 13 United Kingdom of Great Britain and Northern Ireland 2.7% compare
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)
- Gross capital formation (constant 2015 US$), annual growth rate -0.5158 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1674 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 9,401 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 4.91 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4107 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 23,060 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 0.4875 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.3635 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is research and development expenditure as a proportion of gdp in Finland?
- Research and development expenditure as a proportion of gdp in Finland was 3.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest research and development expenditure as a proportion of gdp recorded in Finland?
- The highest recorded value was 3.7% in 2009.
- What is the lowest research and development expenditure as a proportion of gdp recorded in Finland?
- The lowest recorded value was 2.7% in 2016.
- How does Finland rank for research and development expenditure as a proportion of gdp?
- Finland ranks 11th out of 121 countries with data for 2023.
- Is research and development expenditure as a proportion of gdp rising or falling in Finland?
- Over the last ten years it is down 5.8%. The long-run trend across the full record is falling.
- Where does this Finland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Research and development expenditure as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).