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

Finland: Gross domestic expenditure on R&D by sector of performance and type was 9,304 US dollars, PPP converted in 2023. ▼ Falling

Latest (2023)
9,304 US dollars, PPP converted
Change on year
up 2.3%
World rank
18th
of 32 countries
All-time high
10,391 US dollars, PPP converted
in 2008
All-time low
7,837 US dollars, PPP converted
in 2016
Years of data
18
2006–2023

Gross domestic expenditure on R&D by sector of performance and type in Finland, 2006–2023

02.5k5.0k7.5k10.0k2006201420232006: 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 converted

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

Analysis

In 2023, gross domestic expenditure on r&d by sector of performance and type in Finland stood at 9,304 US dollars, PPP converted.

The figure is up 2.3% on the previous year and up 1.8% over ten years.

Over the whole period, gross domestic expenditure on r&d by sector of performance and type in Finland peaked at 10,391 US dollars, PPP converted in 2008 and was at its lowest, 7,837 US dollars, PPP converted, in 2016.

That places Finland 18th out of 32 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

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

Annual values for Gross domestic expenditure on R&D by sector of performance and type of R&D — Gross Domestic Expenditure on R&D (GERD) in Finland, 2006 to 2023.
Year US dollars, PPP converted Change
2006 9,224 US dollars, PPP converted
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%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9,857 US dollars, PPP converted 9,224 US dollars, PPP converted 10,391 US dollars, PPP converted 4
2010s 8,888 US dollars, PPP converted 7,837 US dollars, PPP converted 10,338 US dollars, PPP converted 10
2020s 9,038 US dollars, PPP converted 8,643 US dollars, PPP converted 9,304 US dollars, PPP converted 4

Countries ranked near Finland

  1. 15 Singapore 13,603 US dollars, PPP converted compare
  2. 16 Denmark 12,064 US dollars, PPP converted compare
  3. 17 Czechia 9,476 US dollars, PPP converted compare
  4. 19 Ireland 9,257 US dollars, PPP converted compare
  5. 20 Norway 8,685 US dollars, PPP converted compare
  6. 21 Mexico 8,424 US dollars, PPP converted compare

See the full ranking of 45 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 type in Finland?
Gross domestic expenditure on r&d by sector of performance and type in Finland was 9,304 US dollars, PPP converted in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest gross domestic expenditure on r&d by sector of performance and type 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 type recorded in Finland?
The lowest recorded value was 7,837 US dollars, PPP converted in 2016.
How does Finland rank for gross domestic expenditure on r&d by sector of performance and type?
Finland ranks 18th out of 32 countries with data for 2023.
Is gross domestic expenditure on r&d by sector of performance and type rising or falling in Finland?
Over the last ten years it is up 1.8%. The long-run trend across the full record is falling.
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 type of R&D — 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 type in Finland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 12 September 2026, from https://reference.statizoid.com/stat/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-type-of-r-and-d-gross/finland/

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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).