Iceland vs Low & middle income: Research and development expenditure
Iceland
2.6%
in 2023
Low & middle income
1.9%
in 2023
Iceland rank
13th
Low & middle income rank
15th
Research and development expenditure over time
- Iceland
- Low & middle income
How they compare
Iceland currently reports 2.6% against 1.9% in Low & middle income, a difference of 0.7%.
That makes Iceland's figure about 1.4 times Low & middle income's.
Across all 21 years both countries report, Iceland has been ahead every year.
Iceland ranks 13th and Low & middle income ranks 15th of 116 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.7% | 0.8% | 1.9% | Iceland |
| 2010s | 2.1% | 1.3% | 0.8% | Iceland |
| 2020s | 2.6% | 1.8% | 0.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher research and development expenditure, Iceland or Low & middle income?
- Iceland, at 2.6% against 1.9% in Low & middle income as of 2023.
- What is the difference in research and development expenditure between Iceland and Low & middle income?
- 0.7%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Low & middle income?
- 21 years are reported by both, from 2000 to 2023.
- How do Iceland and Low & middle income rank globally for research and development expenditure?
- Iceland ranks 13th and Low & middle income ranks 15th of 116 countries.
- Where does this data come from?
- Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as Research and development expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.