Gross domestic expenditure on R&D by sector of performance and source in Finland

Finland: Gross domestic expenditure on R&D by sector of performance and source was 9,734 US dollars, PPP converted in 2024. ▲ Rising

Latest (2024)
9,734 US dollars, PPP converted
Change on year
up 4.6%
World rank
17th
of 34 countries
All-time high
10,391 US dollars, PPP converted
in 2008
All-time low
1,585 US dollars, PPP converted
in 1981
Years of data
43
1981–2024

Gross domestic expenditure on R&D by sector of performance and source in Finland, 1981–2024

2.0k4.0k6.0k8.0k10.0k1981200220241981: 1.6k US dollars, PPP converted1983: 1.9k US dollars, PPP converted1984: 2.2k US dollars, PPP converted1985: 2.4k US dollars, PPP converted1986: 2.6k US dollars, PPP converted1987: 2.8k US dollars, PPP converted1988: 3.0k US dollars, PPP converted1989: 3.2k US dollars, PPP converted1990: 3.4k US dollars, PPP converted1991: 3.4k US dollars, PPP converted1992: 3.5k US dollars, PPP converted1993: 3.5k US dollars, PPP converted1994: 3.9k US dollars, PPP converted1995: 4.0k US dollars, PPP converted1996: 4.6k US dollars, PPP converted1997: 5.3k US dollars, PPP converted1998: 5.9k US dollars, PPP converted1999: 6.8k US dollars, PPP converted2000: 7.6k US dollars, PPP converted2001: 7.7k US dollars, PPP converted2002: 7.9k US dollars, PPP converted2003: 8.2k US dollars, PPP converted2004: 8.6k US dollars, PPP converted2005: 8.8k US dollars, PPP converted2006: 9.2k US dollars, PPP converted2007: 9.7k US dollars, PPP converted2008: 10.4k US dollars, PPP converted2009: 10.1k US dollars, PPP converted2010: 10.3k US dollars, PPP converted2011: 10.3k US dollars, PPP converted2012: 9.6k US dollars, PPP converted2013: 9.1k US dollars, PPP converted2014: 8.8k US dollars, PPP converted2015: 8.0k US dollars, PPP converted2016: 7.8k US dollars, PPP converted2017: 8.1k US dollars, PPP converted2018: 8.3k US dollars, PPP converted2019: 8.5k US dollars, PPP converted2020: 8.6k US dollars, PPP converted2021: 9.1k US dollars, PPP converted2022: 9.1k US dollars, PPP converted2023: 9.3k US dollars, PPP converted2024: 9.7k US dollars, PPP converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.

Analysis

The most recent figure for gross domestic expenditure on r&d by sector of performance and source in Finland is 9,734 US dollars, PPP converted, measured in 2024.

Compared with earlier readings it is up 4.6% on the previous year and up 11.2% over ten years.

Over the whole period, gross domestic expenditure on r&d by sector of performance and source in Finland peaked at 10,391 US dollars, PPP converted in 2008 and was at its lowest, 1,585 US dollars, PPP converted, in 1981.

That places Finland 17th out of 34 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 43 years of available data.

Gross domestic expenditure on R&D by sector of performance and source in Finland, year by year

Annual values for Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD) in Finland, 1981 to 2024.
Year US dollars, PPP converted Change
1981 1,585 US dollars, PPP converted
1983 1,914 US dollars, PPP converted +20.7%
1984 2,172 US dollars, PPP converted +13.5%
1985 2,381 US dollars, PPP converted +9.6%
1986 2,581 US dollars, PPP converted +8.4%
1987 2,820 US dollars, PPP converted +9.2%
1988 3,021 US dollars, PPP converted +7.1%
1989 3,230 US dollars, PPP converted +6.9%
1990 3,386 US dollars, PPP converted +4.8%
1991 3,447 US dollars, PPP converted +1.8%
1992 3,489 US dollars, PPP converted +1.2%
1993 3,524 US dollars, PPP converted +1.0%
1994 3,870 US dollars, PPP converted +9.8%
1995 4,017 US dollars, PPP converted +3.8%
1996 4,634 US dollars, PPP converted +15.3%
1997 5,267 US dollars, PPP converted +13.7%
1998 5,899 US dollars, PPP converted +12.0%
1999 6,758 US dollars, PPP converted +14.6%
2000 7,581 US dollars, PPP converted +12.2%
2001 7,664 US dollars, PPP converted +1.1%
2002 7,940 US dollars, PPP converted +3.6%
2003 8,212 US dollars, PPP converted +3.4%
2004 8,568 US dollars, PPP converted +4.3%
2005 8,845 US dollars, PPP converted +3.2%
2006 9,224 US dollars, PPP converted +4.3%
2007 9,727 US dollars, PPP converted +5.5%
2008 10,391 US dollars, PPP converted +6.8%
2009 10,084 US dollars, PPP converted -3.0%
2010 10,322 US dollars, PPP converted +2.4%
2011 10,338 US dollars, PPP converted +0.2%
2012 9,578 US dollars, PPP converted -7.4%
2013 9,136 US dollars, PPP converted -4.6%
2014 8,757 US dollars, PPP converted -4.1%
2015 8,033 US dollars, PPP converted -8.3%
2016 7,837 US dollars, PPP converted -2.4%
2017 8,096 US dollars, PPP converted +3.3%
2018 8,278 US dollars, PPP converted +2.3%
2019 8,509 US dollars, PPP converted +2.8%
2020 8,643 US dollars, PPP converted +1.6%
2021 9,112 US dollars, PPP converted +5.4%
2022 9,092 US dollars, PPP converted -0.2%
2023 9,304 US dollars, PPP converted +2.3%
2024 9,734 US dollars, PPP converted +4.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 2,463 US dollars, PPP converted 1,585 US dollars, PPP converted 3,230 US dollars, PPP converted 8
1990s 4,429 US dollars, PPP converted 3,386 US dollars, PPP converted 6,758 US dollars, PPP converted 10
2000s 8,824 US dollars, PPP converted 7,581 US dollars, PPP converted 10,391 US dollars, PPP converted 10
2010s 8,888 US dollars, PPP converted 7,837 US dollars, PPP converted 10,338 US dollars, PPP converted 10
2020s 9,177 US dollars, PPP converted 8,643 US dollars, PPP converted 9,734 US dollars, PPP converted 5

Countries ranked near Finland

  1. 14 Austria 18,558 US dollars, PPP converted compare
  2. 15 Singapore 13,603 US dollars, PPP converted compare
  3. 16 Denmark 12,265 US dollars, PPP converted compare
  4. 18 Czechia 9,476 US dollars, PPP converted compare
  5. 19 Ireland 8,479 US dollars, PPP converted compare
  6. 20 Mexico 8,424 US dollars, PPP converted compare

See the full ranking of 47 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is gross domestic expenditure on r&d by sector of performance and source in Finland?
Gross domestic expenditure on r&d by sector of performance and source in Finland was 9,734 US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest gross domestic expenditure on r&d by sector of performance and source recorded in Finland?
The highest recorded value was 10,391 US dollars, PPP converted in 2008.
What is the lowest gross domestic expenditure on r&d by sector of performance and source recorded in Finland?
The lowest recorded value was 1,585 US dollars, PPP converted in 1981.
How does Finland rank for gross domestic expenditure on r&d by sector of performance and source?
Finland ranks 17th out of 34 countries with data for 2024.
Is gross domestic expenditure on r&d by sector of performance and source rising or falling in Finland?
Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
Where does this Finland data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD). Statizoid updates them automatically from the source API.

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Gross domestic expenditure on R&D by sector of performance and source in Finland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-source-of-funds-gross/finland/

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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).