{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"fi-rd-expenditure-gdp","url":"https://apiardata.com/statistics/fi-rd-expenditure-gdp","html_url":"https://apiardata.com/statistics/fi-rd-expenditure-gdp/","title":"Finland R&D Expenditure (% of GDP) (2024)","description":"Finland's R&D Expenditure (% of GDP): 3.2 % of GDP in 2024, +0.1pp YoY. Eurostat (RD_E_GERDTOT), 2000–2024.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","Finland","2024"],"publisher":"Eurostat","frequency":"Annual","geography":"Finland","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Finland R&D Expenditure (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/RD_E_GERDTOT/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2024"},{"label":"Observations","value":"25"},{"label":"Geography","value":"Finland"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Finland (2024)","value":"3.2","unit":"% of GDP","trend":{"direction":"up","value":"+0.1pp YoY"}},{"label":"YoY Change","value":"+0.1pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"25","unit":"years of data"}],"series":[{"key":"value","label":"Finland R&D Expenditure (% of GDP)"}],"observation_count":25,"observations":[{"period":"2000","value":3.24},{"period":"2001","value":3.19},{"period":"2002","value":3.25},{"period":"2003","value":3.3},{"period":"2004","value":3.31},{"period":"2005","value":3.32},{"period":"2006","value":3.33},{"period":"2007","value":3.34},{"period":"2008","value":3.54},{"period":"2009","value":3.73},{"period":"2010","value":3.71},{"period":"2011","value":3.62},{"period":"2012","value":3.41},{"period":"2013","value":3.28},{"period":"2014","value":3.16},{"period":"2015","value":2.89},{"period":"2016","value":2.75},{"period":"2017","value":2.75},{"period":"2018","value":2.78},{"period":"2019","value":2.82},{"period":"2020","value":2.93},{"period":"2021","value":3.01},{"period":"2022","value":2.98},{"period":"2023","value":3.09},{"period":"2024","value":3.22}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"3.2","yoyChange":"+0.1pp"},{"year":"2023","value":"3.1","yoyChange":"+0.1pp"},{"year":"2022","value":"3.0","yoyChange":"unchanged"},{"year":"2021","value":"3.0","yoyChange":"+0.1pp"},{"year":"2020","value":"2.9","yoyChange":"+0.1pp"},{"year":"2019","value":"2.8","yoyChange":"unchanged"},{"year":"2018","value":"2.8","yoyChange":"unchanged"},{"year":"2017","value":"2.8","yoyChange":"unchanged"},{"year":"2016","value":"2.8","yoyChange":"-0.1pp"},{"year":"2015","value":"2.9","yoyChange":"-0.3pp"},{"year":"2014","value":"3.2","yoyChange":"-0.1pp"},{"year":"2013","value":"3.3","yoyChange":"-0.1pp"},{"year":"2012","value":"3.4","yoyChange":"-0.2pp"},{"year":"2011","value":"3.6","yoyChange":"-0.1pp"},{"year":"2010","value":"3.7","yoyChange":"unchanged"},{"year":"2009","value":"3.7","yoyChange":"+0.2pp"},{"year":"2008","value":"3.5","yoyChange":"+0.2pp"},{"year":"2007","value":"3.3","yoyChange":"unchanged"},{"year":"2006","value":"3.3","yoyChange":"unchanged"},{"year":"2005","value":"3.3","yoyChange":"unchanged"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total R&D expenditure (GERD, % of GDP) in Finland from 2000 to present. Show progress toward the EU 3% of GDP target. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2024 (25 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 3.7 % of GDP in 2009 and reached its lowest recorded value of 2.8 in 2017. The latest reading of 3.2 in 2024 represents a change of +0.1pp."}]}