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

Iceland
656.12 US dollars, PPP converted
in 2023
Luxembourg
860.1 US dollars, PPP converted
in 2023
Iceland rank
32nd
Luxembourg rank
31st

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

  • Iceland
  • Luxembourg
02004006008001.0k198120022023

How they compare

Luxembourg currently reports 860.1 US dollars, PPP converted against 656.12 US dollars, PPP converted in Iceland, a difference of 203.98 US dollars, PPP converted.

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

Across all 17 years both countries report, Luxembourg has been ahead every year.

Iceland ranks 32nd and Luxembourg ranks 31st of 32 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 412.49 US dollars, PPP converted 872.81 US dollars, PPP converted 460.32 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 593.32 US dollars, PPP converted 854.87 US dollars, PPP converted 261.55 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 type, Iceland or Luxembourg?
Luxembourg, at 860.1 US dollars, PPP converted against 656.12 US dollars, PPP converted in Iceland as of 2023.
What is the difference in gross domestic expenditure on r&d by sector of performance and type between Iceland and Luxembourg?
203.98 US dollars, PPP converted, with Luxembourg ahead.
How many years of comparable data are there for Iceland and Luxembourg?
17 years are reported by both, from 2000 to 2023.
How do Iceland and Luxembourg rank globally for gross domestic expenditure on r&d by sector of performance and type?
Iceland ranks 32nd and Luxembourg ranks 31st of 32 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 type of expenditure — 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 type. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://reference.statizoid.com/compare/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-type-of-expenditure/iceland/luxembourg/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and type of expenditure — 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
45 places, 1,509 data points, 1981–2024
Last refreshed

This table presents research and development (R&D) expenditure statistics. Data include gross domestic R&D expenditure by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by type of expenditure (current expenditure, capital expenditure and their respective breakdowns).