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World Bank · Science

Iceland: Research and development expenditure

2.64percent · 2023+56.0% since 2013

Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development. Annual figures for Iceland from 1997 to 2023.

19972023

Every year

YearValue (percent)Note
20232.64
20222.601
20212.782
20202.486
20192.34
20182.001
20172.084
20162.11
20152.181
20141.936
20131.692
20112.404
20092.597
20082.464
20072.533
20062.853
20052.68
20032.706
20022.821
20012.84
20002.572
19992.235
19981.951
19971.798

Source

Published by World Bank, produced by UNESCO. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Research and development expenditure. Interva. https://interva.co/dataset/worldbank-research-and-development-expenditure (accessed 2026-11-07). catalog snapshot 2026-11-07.

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Iceland: Research and development expenditure (1997–2023) · Interva