Share of research and development expenditure of gross domestic product 3.1 per cent in 2023
release | Research and development 2023According to Statistics Finland, research and development expenditure amounted to EUR 8.4 billion in 2023. Expenditure increased by EUR 503 million from 2022, which represents a growth of 6.3 per cent. The real change in the volume of R&D expenditure was 2.3 per cent. Expenditure grew in real terms by 5.1 per cent in the government sector, by 3.2 per cent in the higher education sector and by 1.7 per cent in the enterprise sector.
R&D expenditure by sector and share of GDP 2023
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Key selections
- The share of research and development expenditure in gross domestic product was 3.1 per cent in 2023, up by 0.1 percentage points from the previous year.
- R&D expenditure grew in nominal terms by 6.3 per cent from 2022. The real growth amounted to 2.3 per cent.
- R&D expenditure grew in all sectors, most in the government sector, where real growth amounted to 5.1 per cent.
- Enterprises’ share of R&D expenditure was 68 per cent.
Figures
See key statistical data in the figures.
GDP share of R&D expenditure, % in 2006 to 2023
Database tables
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Updated database tables
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Documentation
Description of the production, used methods and quality of the statistics.
Go to documentation of the statisticsReferencing instructions
Research and development [online publication].
Reference period: 2023. ISSN=2342-6721. Helsinki: Statistics Finland [Referenced: 3.12.2024].
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