Increased research expenditure in Finland

18.03.2002
In 2000, EUR 4.4 billion (FIM 26.3 billion) was spent on research and development in Finland. The expenditure rose in real terms by over 10 per cent from the year before. The growth of R&D expenditure continued through 2001, when it is estimated to be EUR 5.0 billion. The data derive from Statistics Finland‘s publication Tutkimus- ja kehittämistoiminta 2000 (Research and Development in Finland in 2000, published in Finnish only).
In 2000, EUR 4.4 billion (FIM 26.3 billion) was spent on research and development in Finland. The expenditure rose in real terms by over 10 per cent from the year before. The growth of R&D expenditure continued through 2001, when it is estimated to be EUR 5.0 billion. The data derive from Statistics Finland‘s publication Tutkimus- ja kehittämistoiminta 2000 (Research and Development in Finland in 2000, published in Finnish only).

The GDP share of R&D expenditure rose to 3.4 per cent in 2000. This share has been growing steadily, and went up particularly rapidly in the latter part of the 1990s. In 2001, the GDP share is estimated to reach 3.6 per cent.

The volume of Finland‘s R&D expenditure is fairly small when compared to those of larger OECD countries. Finland accounts for about 0.7 per cent of the total R&D expenditure of the OECD countries. However, the GDP share of R&D expenditure is the second highest in Finland among all OECD countries. Since the early 1990s, Sweden has had the highest GDP share, which was 3.8 per cent in 1999. The shares have also been large in Japan, the United States, South Korea and Germany.

Read more on the Statistics Finland homepage.
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