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

Iceland
610.1 US dollars, PPP converted
in 2022
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
02004006008001.0k198320032023

How they compare

Luxembourg currently reports 860.1 US dollars, PPP converted against 610.1 US dollars, PPP converted in Iceland, a difference of 250 US dollars, PPP converted.

That makes Luxembourg's figure about 1.4 times Iceland's.

Across all 10 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 451.31 US dollars, PPP converted 958.75 US dollars, PPP converted 507.45 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 598.66 US dollars, PPP converted 848.8 US dollars, PPP converted 250.14 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 610.1 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?
250 US dollars, PPP converted, with Luxembourg ahead.
How many years of comparable data are there for Iceland and Luxembourg?
10 years are reported by both, from 2009 to 2021.
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 R&D — 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 12 September 2026, from https://reference.statizoid.com/compare/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-type-of-r-and-d-gross/iceland/luxembourg/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and type of R&D — 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, 1,128 data points, 1981–2024
Last refreshed

This table contains gross domestic R&D expenditures by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by type of R&D (basic research, applied research, experimental development, capital expenditure not elsewhere classified).