Iceland vs Luxembourg: Government budget allocations for R&D — Government Allocations for R&D

Iceland
257.19 US dollars, PPP converted
in 2024
Luxembourg
492.2 US dollars, PPP converted
in 2024
Iceland rank
31st
Luxembourg rank
29th

Government budget allocations for R&D — Government Allocations for R&D over time

  • Iceland
  • Luxembourg
0200400600198320032024

How they compare

Luxembourg currently reports 492.2 US dollars, PPP converted against 257.19 US dollars, PPP converted in Iceland, a difference of 235.01 US dollars, PPP converted.

That makes Luxembourg's figure about 1.9 times Iceland's.

The two have swapped places 1 time across 25 shared years of data; in 2000 it was Iceland ahead.

Iceland ranks 31st and Luxembourg ranks 29th of 31 countries.

Luxembourg has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Luxembourg Difference Ahead
2000s 140.91 US dollars, PPP converted 153.11 US dollars, PPP converted 12.2 US dollars, PPP converted Luxembourg
2010s 159.45 US dollars, PPP converted 455.1 US dollars, PPP converted 295.65 US dollars, PPP converted Luxembourg
2020s 248.95 US dollars, PPP converted 503.21 US dollars, PPP converted 254.26 US dollars, PPP converted Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government budget allocations for r&d — government allocations for r&d, Iceland or Luxembourg?
Luxembourg, at 492.2 US dollars, PPP converted against 257.19 US dollars, PPP converted in Iceland as of 2024.
What is the difference in government budget allocations for r&d — government allocations for r&d between Iceland and Luxembourg?
235.01 US dollars, PPP converted, with Luxembourg ahead.
How many years of comparable data are there for Iceland and Luxembourg?
25 years are reported by both, from 2000 to 2024.
How do Iceland and Luxembourg rank globally for government budget allocations for r&d — government allocations for r&d?
Iceland ranks 31st and Luxembourg ranks 29th of 31 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Government budget allocations for R&D — Government Allocations for R&D (GBARD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Luxembourg: Government budget allocations for R&D — Government Allocations for R&D. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://public-sector.statizoid.com/compare/government-budget-allocations-for-r-and-d-government-allocations-for-r-and-d-gbard/iceland/luxembourg/

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About this data

Indicator
Government budget allocations for R&D — Government Allocations for R&D (GBARD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
43 places, 1,446 data points, 1981–2025
Last refreshed

This table contains data on Government budget allocations for R&D (GBARD) by socio-economic objective (SEO), using the NABS 2007 classification