Iceland Government-Funded R&D Expenditure (2023)
Iceland's Government-Funded R&D Expenditure: 0.6 % of GDP in 2023, -0.1pp YoY. Eurostat (RD_E_GERDFUND), 2001–2023.
Iceland (2023)
0.6
% of GDP
-0.1pp YoY
YoY Change
-0.1pp
percentage points
Trend
down
Series length
19
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 0.6 | -0.1pp |
| 2022 | 0.7 | unchanged |
| 2021 | 0.7 | unchanged |
| 2020 | 0.7 | +0.1pp |
| 2019 | 0.6 | -0.1pp |
| 2018 | 0.7 | unchanged |
| 2017 | 0.7 | unchanged |
| 2016 | 0.7 | +0.1pp |
| 2015 | 0.6 | -0.1pp |
| 2014 | 0.7 | +0.1pp |
| 2013 | 0.6 | -0.3pp |
| 2011 | 0.9 | -0.1pp |
| 2009 | 1 | +0.1pp |
| 2008 | 0.9 | -0.1pp |
| 2007 | 1 | -0.1pp |
| 2006 | 1.1 | unchanged |
| 2005 | 1.1 | unchanged |
| 2003 | 1.1 | +0.1pp |
| 2001 | 1 | n/a |
About this Dataset
Iceland recorded 0.6 % of GDP in 2023. The latest change was -0.1pp. Across 2001–2023 the series ranges from 0.6 in 2019 to 1.1 in 2006.
This page tracks R&D expenditure funded by government as a share of GDP in Iceland from 2000 to present. Government R&D funding underpins basic research, public science infrastructure, and defence research that the private sector typically under-provides.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks R&D expenditure funded by government as a share of GDP in Iceland from 2000 to present. Government R&D funding underpins basic research, public science infrastructure, and defence research that the private sector typically under-provides. It is published by Eurostat and updated annually.
The most recent observation covers 2023. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2001–2023 (19 observations).
The series peaked at 1.1 % of GDP in 2006 and reached its lowest recorded value of 0.6 in 2019. The latest reading of 0.6 in 2023 represents a change of -0.1pp.