Iceland vs Luxembourg: Gross domestic expenditure on R&D by sector of performance and source

Iceland
610.82 US dollars, PPP converted
in 2024
Luxembourg
811.42 US dollars, PPP converted
in 2024
Iceland rank
33rd
Luxembourg rank
32nd

Gross domestic expenditure on R&D by sector of performance and source over time

  • Iceland
  • Luxembourg
02004006008001.0k198120022024

How they compare

Luxembourg currently reports 811.42 US dollars, PPP converted against 610.82 US dollars, PPP converted in Iceland, a difference of 200.6 US dollars, PPP converted.

That makes Luxembourg's figure about 1.3 times Iceland's.

Across all 20 years both countries report, Luxembourg has been ahead every year.

Iceland ranks 33rd and Luxembourg ranks 32nd of 34 countries.

Luxembourg has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Luxembourg Difference Ahead
2000s 430.35 US dollars, PPP converted 897.61 US dollars, PPP converted 467.25 US dollars, PPP converted Luxembourg
2010s 411.45 US dollars, PPP converted 882.64 US dollars, PPP converted 471.19 US dollars, PPP converted Luxembourg
2020s 596.82 US dollars, PPP converted 846.18 US dollars, PPP converted 249.36 US dollars, PPP converted Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic expenditure on r&d by sector of performance and source, Iceland or Luxembourg?
Luxembourg, at 811.42 US dollars, PPP converted against 610.82 US dollars, PPP converted in Iceland as of 2024.
What is the difference in gross domestic expenditure on r&d by sector of performance and source between Iceland and Luxembourg?
200.6 US dollars, PPP converted, with Luxembourg ahead.
How many years of comparable data are there for Iceland and Luxembourg?
20 years are reported by both, from 2000 to 2024.
How do Iceland and Luxembourg rank globally for gross domestic expenditure on r&d by sector of performance and source?
Iceland ranks 33rd and Luxembourg ranks 32nd of 34 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Luxembourg: Gross domestic expenditure on R&D by sector of performance and source. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://reference.statizoid.com/compare/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-source-of-funds-gross/iceland/luxembourg/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 1,579 data points, 1981–2025
Last refreshed

This table contains gross research and development (R&D) expenditure statistics broken down by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by source of funds (business enterprise, government - including public general university funds -, higher education, private non-profit and funds from the rest of the World - including funds from enterprises and other funds from the rest of the World).