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Finland R&D Expenditure (% GDP)

Finland's R&D expenditure (% GDP) fell to 2.96% in 2022, down from 2.99% in 2021, according to World Bank. This represents a decrease of 0.03% from the previous year. Finland has the 11th highest R&D expenditure (% GDP). Within Europe, it ranks 7th out of 41 countries.

Yearly Historical Data (1996-2022)

(in %)
Year R&D Expenditure (% GDP)
2022 2.96%
2021 2.99%
2020 2.91%
2019 2.8%
2018 2.76%
2017 2.73%
2016 2.72%
2015 2.87%
2014 3.15%
2013 3.27%
2012 3.4%
2011 3.62%
2010 3.71%
2009 3.73%
2008 3.54%
2007 3.34%
2006 3.33%
2005 3.32%
2004 3.31%
2003 3.3%
2002 3.25%
2001 3.19%
2000 3.24%
1999 3.06%
1998 2.78%
1997 2.62%
1996 2.45%
Finland R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Finland's total economic output spent on research and development.
Indicator Last Value Prior Value Period
GDP $299.84B $294.95B 2024
GDP Annual Growth Rate -0.15% -0.95% 2024
GDP Growth Rate (QoQ) -0.4% 0% Jun'25
GDP Growth Rate (YoY) 0% 1% Jun'25
GDP per Capita $44,855.33 $45,353.45 2024
GDP per Capita PPP $55,628.68 $56,246.44 2024
Real GDP $252.86B $253.25B 2024