Iceland R&D Expenditure (% of GDP) (2024)
Iceland's R&D Expenditure (% of GDP): 2.5 % of GDP in 2024, -0.1pp YoY. Eurostat (RD_E_GERDTOT), 2000–2024.
Iceland (2024)
2.5
% of GDP
-0.1pp YoY
YoY Change
-0.1pp
percentage points
Trend
down
Series length
22
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 2.5 | -0.1pp |
| 2023 | 2.6 | unchanged |
| 2022 | 2.6 | -0.1pp |
| 2021 | 2.7 | +0.3pp |
| 2020 | 2.4 | +0.1pp |
| 2019 | 2.3 | +0.3pp |
| 2018 | 2 | -0.1pp |
| 2017 | 2.1 | unchanged |
| 2016 | 2.1 | -0.1pp |
| 2015 | 2.2 | +0.3pp |
| 2014 | 1.9 | +0.2pp |
| 2013 | 1.7 | n/a |
| 2011 | 2.4 | n/a |
| 2009 | 2.6 | +0.2pp |
| 2008 | 2.4 | -0.1pp |
| 2007 | 2.5 | -0.3pp |
| 2006 | 2.8 | +0.2pp |
| 2005 | 2.6 | n/a |
| 2003 | 2.7 | -0.1pp |
| 2002 | 2.8 | unchanged |
About this Dataset
Iceland recorded 2.5 % of GDP in 2024. The latest change was -0.1pp. Across 2000–2024 the series ranges from 1.7 in 2013 to 2.8 in 2006.
This page tracks total R&D expenditure (GERD, % of GDP) in Iceland from 2000 to present. Show progress toward the EU 3% of GDP target.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks total R&D expenditure (GERD, % of GDP) in Iceland from 2000 to present. Show progress toward the EU 3% of GDP target. It is published by Eurostat and updated annually.
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 (22 observations).
The series peaked at 2.8 % of GDP in 2006 and reached its lowest recorded value of 1.7 in 2013. The latest reading of 2.5 in 2024 represents a change of -0.1pp.