Iceland - Production Value of Scientific Research and Development Activities

Since 2015, Iceland Production Value of Scientific Research and Development Activities was up 8.5% year on year. At €137.3 Million in 2018, the country was number 26 comparing other countries in Production Value of Scientific Research and Development Activities. Iceland is overtaken by Croatia, which was number 25 with €147.6 Million and is followed by Lithuania with €94.3 Million. United Kingdom topped the ranking with €40,065.5 Million in 2019, +14.8% versus 2018. Germany, Switzerland and France respectively ranked number 2, 3 and 4 in this ranking. Ireland recorded the best 5 years average growth at +38% per year, while Bulgaria recorded the worst performance at -5.9% per year.

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Date Million Euros
2018 137.30
2017 130.70
2016 122.40
2015 107.40
Download all data from 2015 to 2018

How does Iceland rank in Production Value of Scientific Research and Development Activities?

# 32 Countries Million Euros Last YoY 5‑years CAGR
1 #1
United Kingdom
40,065.50 2019 +14.8 % +13.4 % View data
2 #2
Germany
18,721.80 2019 +5.4 % +6.9 % View data
25 #25
Croatia
147.60 2019 +1.2 % +0.9 % View data
26 #26
Iceland
137.30 2018 +5.0 % +8.5 % View data
27 #27
Lithuania
94.30 2019 +3.6 % +19.7 % View data
Compare all 32 countries

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