Iceland Business Enterprise Investment on Research and Development: OECD Member: Annual
IS: BERD Financed: Government
IS: BERD Financed: Government data was reported at 6.669 % in 2022. This records an increase from the previous number of 4.764 % for 2021. IS: BERD Financed: Government data is updated yearly, averaging 5.980 % from Dec 1981 (Median) to 2022, with 30 observations. The data reached an all-time high of 38.312 % in 1981 and a record low of 0.467 % in 2009. IS: BERD Financed: Government 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 6.669 2022 | yearly | 1981 - 2022 |
View Iceland's IS: BERD Financed: Government from 1981 to 2022 in the chart:
IS: BERD Financed: Rest of The World
IS: BERD Financed: Rest of The World data was reported at 21.228 % in 2022. This records a decrease from the previous number of 27.651 % for 2021. IS: BERD Financed: Rest of The World data is updated yearly, averaging 11.546 % from Dec 1981 (Median) to 2022, with 32 observations. The data reached an all-time high of 36.466 % in 2019 and a record low of 0.000 % in 1985. IS: BERD Financed: Rest of The World 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 21.228 2022 | yearly | 1981 - 2022 |
View Iceland's IS: BERD Financed: Rest of The World from 1981 to 2022 in the chart:
IS: BERD Performed: Aerospace Industry
IS: BERD Performed: Aerospace Industry data was reported at 0.000 % in 2022. This stayed constant from the previous number of 0.000 % for 2021. IS: BERD Performed: Aerospace Industry data is updated yearly, averaging 0.000 % from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of 0.153 % in 2013 and a record low of 0.000 % in 2022. IS: BERD Performed: Aerospace Industry 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 0.000 2022 | yearly | 2013 - 2022 |
View Iceland's IS: BERD Performed: Aerospace Industry from 2013 to 2022 in the chart:
IS: BERD Performed: Computer, Electronic And Optical Industry
IS: BERD Performed: Computer, Electronic And Optical Industry data was reported at 4.211 % in 2022. This records an increase from the previous number of 3.552 % for 2021. IS: BERD Performed: Computer, Electronic And Optical Industry data is updated yearly, averaging 1.812 % from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of 4.211 % in 2022 and a record low of 1.013 % in 2015. IS: BERD Performed: Computer, Electronic And Optical Industry 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 4.211 2022 | yearly | 2013 - 2022 |
View Iceland's IS: BERD Performed: Computer, Electronic And Optical Industry from 2013 to 2022 in the chart:
IS: BERD Performed: Current PPP: Service Industries
IS: BERD Performed: Current PPP: Service Industries data was reported at 370.078 USD mn in 2022. This records an increase from the previous number of 335.909 USD mn for 2021. IS: BERD Performed: Current PPP: Service Industries data is updated yearly, averaging 182.153 USD mn from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of 370.078 USD mn in 2022 and a record low of 94.995 USD mn in 2013. IS: BERD Performed: Current PPP: Service Industries 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 370.078 2022 | yearly | 2013 - 2022 |
View Iceland's IS: BERD Performed: Current PPP: Service Industries from 2013 to 2022 in the chart:
IS: BERD: % of GDP
IS: BERD: % of GDP data was reported at 1.880 % in 2022. This records a decrease from the previous number of 1.991 % for 2021. IS: BERD: % of GDP data is updated yearly, averaging 1.277 % from Dec 1981 (Median) to 2022, with 35 observations. The data reached an all-time high of 1.991 % in 2021 and a record low of 0.061 % in 1981. IS: BERD: % 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 1.880 2022 | yearly | 1981 - 2022 |
View Iceland's IS: BERD: % of GDP from 1981 to 2022 in the chart:
IS: BERD: % of Value Added
IS: BERD: % of Value Added data was reported at 3.337 % in 2021. This records an increase from the previous number of 2.898 % for 2020. IS: BERD: % of Value Added data is updated yearly, averaging 2.056 % from Dec 1981 (Median) to 2021, with 34 observations. The data reached an all-time high of 3.337 % in 2021 and a record low of 0.090 % in 1981. IS: BERD: % of Value Added 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual. In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.;
Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':
R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.
The MSTI variable 'Value added in industry' is used to this end:
It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.
Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.
| Last | Frequency | Range |
|---|---|---|
| 3.337 2021 | yearly | 1981 - 2021 |
View Iceland's IS: BERD: % of Value Added from 1981 to 2021 in the chart:
IS: BERD: Current PPP
IS: BERD: Current PPP data was reported at 527.680 USD mn in 2022. This records an increase from the previous number of 459.633 USD mn for 2021. IS: BERD: Current PPP data is updated yearly, averaging 151.286 USD mn from Dec 1981 (Median) to 2022, with 35 observations. The data reached an all-time high of 527.680 USD mn in 2022 and a record low of 1.976 USD mn in 1981. IS: BERD: Current PPP 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 527.680 2022 | yearly | 1981 - 2022 |
View Iceland's IS: BERD: Current PPP from 1981 to 2022 in the chart:
IS: Business Enterprise Expenditure on R&D (BERD)
IS: Business Enterprise Expenditure on R&D (BERD) data was reported at 73,000.842 ISK mn in 2022. This records an increase from the previous number of 65,231.049 ISK mn for 2021. IS: Business Enterprise Expenditure on R&D (BERD) data is updated yearly, averaging 13,783.000 ISK mn from Dec 1981 (Median) to 2022, with 35 observations. The data reached an all-time high of 73,000.842 ISK mn in 2022 and a record low of 15.400 ISK mn in 1981. IS: Business Enterprise Expenditure on R&D (BERD) 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
In Iceland, from 2015, the implementation of the 2015 Frascati Manual edition has affected the distribution of personnel data by occupation. From reference year 2013, the R&D data collection methodology has been changed resulting in breaks in series. The main differences concern the redesign of the questionnaire, use of business registers in the sample selection mechanism, the legal obligation for firms to respond, the definition of key R&D concepts in the questionnaire, and changes in the allocation of institutions into the business or government sectors. New sampling methods caused a break in series in 2010 (or in 2011 for sectors with no 2010 data).
From 2014 onward, GBARD data are provided by Statistics Iceland and are compiled according to the Frascati Manual guidelines. From 2006, GBARD data make better use of R&D information from the state budget and are based on a better coverage of relevant R&D funding in major recipients organizations. From 1993, new methods for collecting and processing budget data for GBARD result in a break in series.
| Last | Frequency | Range |
|---|---|---|
| 73,000.842 2022 | yearly | 1981 - 2022 |
View Iceland's IS: Business Enterprise Expenditure on R&D (BERD) from 1981 to 2022 in the chart:
IS: Business-Financed BERD: Compound Annual Growth Rate
IS: Business-Financed BERD: Compound Annual Growth Rate data was reported at 9.335 % in 2022. This records a decrease from the previous number of 40.931 % for 2021. IS: Business-Financed BERD: Compound Annual Growth Rate data is updated yearly, averaging 11.827 % from Dec 1983 (Median) to 2022, with 27 observations. The data reached an all-time high of 80.277 % in 1983 and a record low of -5.761 % in 2009. IS: Business-Financed BERD: Compound Annual Growth Rate 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 Iceland – Table IS.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 9.335 2022 | yearly | 1983 - 2022 |