R&D Expenditures (As % of GDP) in Iceland

R&d expenditures as a percentage of gdp reached 2.47% in 2020 in Iceland, according to World Bank. This is 6.39% more than in the previous year.

Historically, R&D expenditures as a percentage of GDP in Iceland reached an all time high of 2.85% in 2006 and an all time low of 0% in 2004.

Iceland has been ranked 11th within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP.