Gross domestic expenditure on R&D by sector of performance and type in Iceland
Iceland: Gross domestic expenditure on R&D by sector of performance and type was 610.1 US dollars, PPP converted in 2022. ▲ Rising
Gross domestic expenditure on R&D by sector of performance and type in Iceland, 1983–2022
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
Iceland recorded 610.1 US dollars, PPP converted for gross domestic expenditure on r&d by sector of performance and type in 2022. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 1.9% on the previous year and up 48.4% over ten years.
Over the whole period, gross domestic expenditure on r&d by sector of performance and type in Iceland peaked at 610.1 US dollars, PPP converted in 2022 and was at its lowest, 53.2 US dollars, PPP converted, in 1983.
Iceland ranks 32nd of 32 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Gross domestic expenditure on R&D by sector of performance and type in Iceland, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1983 | 53.2 US dollars, PPP converted | — |
| 1987 | 73.28 US dollars, PPP converted | +37.8% |
| 1989 | 95.75 US dollars, PPP converted | +30.7% |
| 1990 | 95.37 US dollars, PPP converted | -0.4% |
| 1991 | 112.5 US dollars, PPP converted | +18.0% |
| 1992 | 125 US dollars, PPP converted | +11.1% |
| 1995 | 152.22 US dollars, PPP converted | +21.8% |
| 1997 | 200.29 US dollars, PPP converted | +31.6% |
| 1999 | 278.29 US dollars, PPP converted | +38.9% |
| 2001 | 386.42 US dollars, PPP converted | +38.9% |
| 2002 | 386.06 US dollars, PPP converted | -0.1% |
| 2003 | 378.16 US dollars, PPP converted | -2.0% |
| 2005 | 429.08 US dollars, PPP converted | +13.5% |
| 2006 | 485.36 US dollars, PPP converted | +13.1% |
| 2007 | 467.52 US dollars, PPP converted | -3.7% |
| 2008 | 464.67 US dollars, PPP converted | -0.6% |
| 2009 | 451.31 US dollars, PPP converted | -2.9% |
| 2011 | 411.22 US dollars, PPP converted | -8.9% |
| 2013 | 304.63 US dollars, PPP converted | -25.9% |
| 2014 | 354.16 US dollars, PPP converted | +16.3% |
| 2015 | 413.99 US dollars, PPP converted | +16.9% |
| 2016 | 423.89 US dollars, PPP converted | +2.4% |
| 2017 | 433.4 US dollars, PPP converted | +2.2% |
| 2018 | 434.52 US dollars, PPP converted | +0.3% |
| 2019 | 515.8 US dollars, PPP converted | +18.7% |
| 2020 | 508.41 US dollars, PPP converted | -1.4% |
| 2021 | 598.66 US dollars, PPP converted | +17.8% |
| 2022 | 610.1 US dollars, PPP converted | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 74.08 US dollars, PPP converted | 53.2 US dollars, PPP converted | 95.75 US dollars, PPP converted | 3 |
| 1990s | 160.61 US dollars, PPP converted | 95.37 US dollars, PPP converted | 278.29 US dollars, PPP converted | 6 |
| 2000s | 431.07 US dollars, PPP converted | 378.16 US dollars, PPP converted | 485.36 US dollars, PPP converted | 8 |
| 2010s | 411.45 US dollars, PPP converted | 304.63 US dollars, PPP converted | 515.8 US dollars, PPP converted | 8 |
| 2020s | 572.39 US dollars, PPP converted | 508.41 US dollars, PPP converted | 610.1 US dollars, PPP converted | 3 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is gross domestic expenditure on r&d by sector of performance and type in Iceland?
- Gross domestic expenditure on r&d by sector of performance and type in Iceland was 610.1 US dollars, PPP converted in 2022, 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 Iceland?
- The highest recorded value was 610.1 US dollars, PPP converted in 2022.
- What is the lowest gross domestic expenditure on r&d by sector of performance and type recorded in Iceland?
- The lowest recorded value was 53.2 US dollars, PPP converted in 1983.
- How does Iceland rank for gross domestic expenditure on r&d by sector of performance and type?
- Iceland ranks 32nd out of 32 countries with data for 2022.
- Is gross domestic expenditure on r&d by sector of performance and type rising or falling in Iceland?
- Over the last ten years it is up 48.4%. The long-run trend across the full record is rising.
- Where does this Iceland 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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About this data
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).