R&D spending share of GDP in Iceland
Spending on research and development in Iceland was equal to 2.64% of GDP in 2023.
Iceland, 2023
2.64%
Change from 2022
+0.04percentage points
World, 2023
2.60%
Median of OECD (38 countries), 2023
1.84%
Position in 2023
14th of 84
R&D spending share of GDP in Iceland over time
View
Iceland
World
×
The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | World |
|---|---|---|
| 2023 | 2.64% | 2.60% |
| 2022 | 2.60% | 2.57% |
| 2021 | 2.78% | 2.52% |
| 2020 | 2.49% | 2.46% |
| 2019 | 2.34% | 2.26% |
| 2018 | 2.00% | 2.22% |
| 2017 | 2.08% | 2.14% |
| 2016 | 2.11% | 2.15% |
| 2015 | 2.18% | 2.10% |
| 2014 | 1.94% | 2.09% |
| 2013 | 1.69% | 1.98% |
| 2012 | – | 2.01% |
| 2011 | 2.40% | 1.98% |
| 2010 | – | 2.00% |
| 2009 | 2.60% | 2.01% |
| 2008 | 2.46% | 1.98% |
| 2007 | 2.53% | 1.92% |
| 2006 | 2.85% | 1.96% |
| 2005 | 2.68% | 1.95% |
| 2004 | – | 1.97% |
| 2003 | 2.71% | 2.02% |
| 2002 | 2.82% | 2.03% |
| 2001 | 2.84% | 2.06% |
| 2000 | 2.57% | 2.05% |
A dash means no value was published for that period.
In short
- That is a change of +0.04 percentage points from 2.60% in 2022.
- Since 2013, when it was 1.69%, the figure has changed by +0.95 percentage points.
- Among the 84 countries with data for 2023, Iceland has the 14th highest value.
- The figure for the world in 2023 was 2.60%.
More for Iceland
All statistics for Iceland
R&D spending share of GDP
2.16%p (Provisional)
2025 · Eurostat
Researchers per million people
5,953 per million people
2023 · World Bank
Researchers as a share of the labour force
1.10%
2023 · Eurostat
European patent applications
195.2p (Provisional) per million people
2025 · Eurostat
Scientific and technical journal articles
716 articles
2023 · World Bank