Iceland spends most on R&D
A Nordic comparison shows that Iceland spends most on R&D with 3200 NOK per citizen. Denmark hits bottom with 2200 NOK per citizen.
In a TemaNord publication published by the Nordic Council of Ministers the institute NIFU STEP has compared state funding for research and development in the Nordic countries. The report shows that Finland is the only country to reach 1 percent of GDP for research, whereas Iceland and Sweden are nearly there. Norways R&D funding reaches 0,8 percent of GDP and Denmark spends 0,7 percent of GDP on their research.