Iceland - Production Value of Biotechnology Research and Experimental Development

Since 2015, Iceland Production Value of Biotechnology Research and Experimental Development was up 13.8% year on year. In 2018, the country was number 11 comparing other countries in Production Value of Biotechnology Research and Experimental Development at €103.9 Million. Iceland is overtaken by Norway, which was number 10 at €104.4 Million and is followed by Poland at €101 Million. Germany ranked the highest with €2,560.7 Million in 2019, a decrease of 5.7% compared to 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. United Kingdom recorded the best 5 years average growth at +47.4% per year, while Slovakia recorded the worst performance at -11.7% per year.

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Date Million Euros
2018 103.90
2017 97.10
2016 93.20
2015 70.50
Download all data from 2015 to 2018

How does Iceland rank in Production Value of Biotechnology Research and Experimental Development?

# 25 Countries Million Euros Last YoY 5‑years CAGR
1 #1
Germany
2,560.70 2019 -5.7 % +15.8 % View data
2 #2
United Kingdom
2,401.30 2019 +1.8 % +47.4 % View data
10 #10
Norway
104.40 2019 +10.1 % +8.3 % View data
11 #11
Iceland
103.90 2018 +7.0 % +13.8 % View data
12 #12
Poland
101.00 2019 +1.8 % +30.2 % View data
Compare all 25 countries

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