Finland FI: Government-Financed GERD: % of GDP
Finland FI: Government-Financed GERD: % of GDP data was reported at 0.771 % in 2022. This records an increase from the previous number of 0.770 % for 2021. Finland FI: Government-Financed GERD: % of GDP data is updated yearly, averaging 0.815 % from Dec 1981 (Median) to 2022, with 33 observations. The data reached an all-time high of 0.952 % in 2010 and a record low of 0.497 % in 1981. Finland FI: Government-Financed GERD: % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Finland – Table FI.OECD.MSTI: Gross Domestic Expenditure on Research and Development: OECD Member: Annual.
In Finland: a new methodology for calculating the time spent on R&D by personnel in the Higher Education sector was implemented in 2011. As a consequence, R&D personnel (measured in FTE) in the Higher Education sector decreased.
From 2004, R&D personnel data are available according to occupation. Previous breakdown was by formal qualification.
From 1998 to 2004, due to a greater number of responses to the BE survey on the group level, the questionnaire category funds from other foreign enterprises of the group was merged with business enterprise funds (own funds) thus reducing the share of funds coming from the rest of the world.
From 1997, the Higher Education sector includes central university hospitals.
From 1997 and the implementation of ISCED 97, “Researchers” also includes holders of engineering degrees and graduates of vocational polytechnics, degrees which are now classified in First Stage Tertiary Education (ISCED 5A).
In 1991, the method for measuring R&D expenditures in the Government and the Higher Education sectors changed. Since 1994, PNP institutions are included in the Government sector in non-survey years.
Data on GBARD have been revised back to 1991 because of changes in R&D coefficients for certain research institutes. In 1991, there was an upward adjustment in the total due to the inclusion of pension costs. From 1995, funds received by the State research institutes from external sources are excluded from Government allocations. As of 1997, the data covers allocations for central university hospitals.
View Finland's Finland FI: Government-Financed GERD: % of GDP from 1981 to 2021 in the chart:
What was Finland's Finland FI: Government-Financed GERD: % of GDP in 2021?
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
0.764 2021 | 0.806 2020 | 0.497 1981 | 0.952 2010 | % | yearly | 1981 - 2021 |
Related Indicators for Finland FI: Government-Financed GERD: % of GDP
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doFinland Key Series
National Accounts | Last | Frequency | Range |
---|---|---|---|
Forecast: GDP PPP Per Capita (PPP Intl $) | 71,565.296 2028 | yearly | 1980 - 2028 |
Forecast: Nominal GDP Per Capita (USD) | 59,311.540 2027 | yearly | 1980 - 2027 |
Forecast: Real GDP Growth (%) | 1.519 2029 | yearly | 1980 - 2029 |
GDP Deflator Growth (%) | 4.4 Dec 2022 | quarterly | Mar 1976 - Dec 2022 |
GDP per Capita (USD) | 50,836.576 2022 | yearly | 1960 - 2022 |
Gross Fixed Capital Formation (USD mn) | 15,239.256 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
Gross National Product (GNP) (USD mn) | 78,420.982 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
Gross Savings Rate (%) | 23.6 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
Investment: % of GDP (%) | 21.9 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
Nominal GDP (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
Nominal GDP Growth (%) | 2.813 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
Private Consumption Expenditure (USD mn) | 37,716.519 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
Private Consumption: % of GDP (%) | 49.9 Dec 2024 | quarterly | Mar 1975 - Dec 2024 |
Public Consumption Expenditure (USD mn) | 19,614.040 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
Public Consumption: % of GDP (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
Real GDP Growth (%) | -0.3 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
Total Trade of Goods & Services: % of Nominal GDP (%) | 81.979 Dec 2024 | quarterly | Mar 1970 - Dec 2024 |
Production | Last | Frequency | Range |
---|---|---|---|
Gold Production (kg) | 8,390.000 2022 | yearly | 1990 - 2022 |
Industrial Production Index Growth (%) | -2.4 Apr 2023 | monthly | Jan 1955 - Apr 2023 |
Minerals Production (Metric Ton) | 2,196,544.000 2022 | yearly | 2009 - 2022 |
Motor Vehicle Production (Unit) | 30,191.000 2023 | yearly | 1997 - 2023 |
Silver Production (Metric Ton) | 43.265 2021 | yearly | 1986 - 2021 |
Sales, Orders, Inventory & Shipments | Last | Frequency | Range |
---|---|---|---|
New Orders Growth (%) | 6.5 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
Construction and Properties | Last | Frequency | Range |
---|---|---|---|
Building Permits (Unit) | 1,532.000 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
House Prices Growth (%) | 2.0 Dec 2017 | quarterly | Mar 2011 - Dec 2017 |
Nominal Residential Property Price Index (2010=100) | 108.094 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
Nominal Residential Property Price Index Growth (%) | -2.778 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Real Residential Property Price Index (2010=100) | 81.296 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
Real Residential Property Price Index Growth (%) | -3.743 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.5 Dec 2024 | quarterly | Dec 1999 - Dec 2024 |
Forecast: Government Expenditure (EUR bn) | 185.332 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (EUR bn) | 288.450 2029 | yearly | 1980 - 2029 |
Forecast: Government Revenue (EUR bn) | 178.392 2029 | yearly | 1980 - 2029 |
Government Debt: % of GDP (%) | 82.1 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
National Government Debt (USD mn) | 234,658.2 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
Tax Revenue (USD mn) | 24,463.185 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Consolidated Fiscal Balance (USD mn) | -3,490.020 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Tax Revenue: % of GDP (%) | 31.7 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
More Indicators for Finland
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.