Government budget allocations for R&D — Government Allocations for R&D in Finland
Finland: Government budget allocations for R&D — Government Allocations for R&D was 2,735 US dollars, PPP converted in 2024. ▲ Rising
Latest (2024)
2,735 US dollars, PPP converted
Change on year
up 5.6%
World rank
18th
of 31 countries
All-time high
3,063 US dollars, PPP converted
in 2010
All-time low
756.4 US dollars, PPP converted
in 1981
Years of data
44
1981–2024
Government budget allocations for R&D — Government Allocations for R&D in Finland, 1981–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
In 2024, government budget allocations for r&d — government allocations for r&d in Finland stood at 2,735 US dollars, PPP converted.
That represents a change of up 5.6% on the previous year and up 1.6% over ten years.
Over the whole period, government budget allocations for r&d — government allocations for r&d in Finland peaked at 3,063 US dollars, PPP converted in 2010 and was at its lowest, 756.4 US dollars, PPP converted, in 1981.
That places Finland 18th out of 31 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Government budget allocations for R&D — Government Allocations for R&D in Finland, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1981 | 756.4 US dollars, PPP converted | — |
| 1982 | 824.49 US dollars, PPP converted | +9.0% |
| 1983 | 862.16 US dollars, PPP converted | +4.6% |
| 1984 | 905.13 US dollars, PPP converted | +5.0% |
| 1985 | 1,031 US dollars, PPP converted | +13.9% |
| 1986 | 1,107 US dollars, PPP converted | +7.4% |
| 1987 | 1,188 US dollars, PPP converted | +7.3% |
| 1988 | 1,249 US dollars, PPP converted | +5.1% |
| 1989 | 1,336 US dollars, PPP converted | +7.0% |
| 1990 | 1,459 US dollars, PPP converted | +9.1% |
| 1991 | 1,611 US dollars, PPP converted | +10.5% |
| 1992 | 1,677 US dollars, PPP converted | +4.1% |
| 1993 | 1,729 US dollars, PPP converted | +3.1% |
| 1994 | 1,709 US dollars, PPP converted | -1.2% |
| 1995 | 1,721 US dollars, PPP converted | +0.7% |
| 1996 | 1,737 US dollars, PPP converted | +1.0% |
| 1997 | 2,146 US dollars, PPP converted | +23.5% |
| 1998 | 2,197 US dollars, PPP converted | +2.4% |
| 1999 | 2,222 US dollars, PPP converted | +1.1% |
| 2000 | 2,221 US dollars, PPP converted | -0.0% |
| 2001 | 2,244 US dollars, PPP converted | +1.0% |
| 2002 | 2,283 US dollars, PPP converted | +1.7% |
| 2003 | 2,384 US dollars, PPP converted | +4.4% |
| 2004 | 2,504 US dollars, PPP converted | +5.0% |
| 2005 | 2,608 US dollars, PPP converted | +4.2% |
| 2006 | 2,713 US dollars, PPP converted | +4.0% |
| 2007 | 2,711 US dollars, PPP converted | -0.1% |
| 2008 | 2,743 US dollars, PPP converted | +1.2% |
| 2009 | 2,865 US dollars, PPP converted | +4.5% |
| 2010 | 3,063 US dollars, PPP converted | +6.9% |
| 2011 | 2,990 US dollars, PPP converted | -2.4% |
| 2012 | 2,894 US dollars, PPP converted | -3.2% |
| 2013 | 2,758 US dollars, PPP converted | -4.7% |
| 2014 | 2,692 US dollars, PPP converted | -2.4% |
| 2015 | 2,648 US dollars, PPP converted | -1.6% |
| 2016 | 2,429 US dollars, PPP converted | -8.3% |
| 2017 | 2,473 US dollars, PPP converted | +1.8% |
| 2018 | 2,509 US dollars, PPP converted | +1.4% |
| 2019 | 2,546 US dollars, PPP converted | +1.5% |
| 2020 | 2,851 US dollars, PPP converted | +12.0% |
| 2021 | 2,719 US dollars, PPP converted | -4.6% |
| 2022 | 2,752 US dollars, PPP converted | +1.2% |
| 2023 | 2,589 US dollars, PPP converted | -5.9% |
| 2024 | 2,735 US dollars, PPP converted | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1,029 US dollars, PPP converted | 756.4 US dollars, PPP converted | 1,336 US dollars, PPP converted | 9 |
| 1990s | 1,821 US dollars, PPP converted | 1,459 US dollars, PPP converted | 2,222 US dollars, PPP converted | 10 |
| 2000s | 2,528 US dollars, PPP converted | 2,221 US dollars, PPP converted | 2,865 US dollars, PPP converted | 10 |
| 2010s | 2,700 US dollars, PPP converted | 2,429 US dollars, PPP converted | 3,063 US dollars, PPP converted | 10 |
| 2020s | 2,729 US dollars, PPP converted | 2,589 US dollars, PPP converted | 2,851 US dollars, PPP converted | 5 |
Countries ranked near Finland
- 15 Norway 3,936 US dollars, PPP converted compare
- 16 Argentina 3,751 US dollars, PPP converted compare
- 17 Denmark 3,629 US dollars, PPP converted compare
- 19 Czechia 2,702 US dollars, PPP converted compare
- 20 Israel 2,341 US dollars, PPP converted compare
- 21 Greece 2,083 US dollars, PPP converted compare
More public sector data for Finland
- Arms imports 64.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 11.39 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 72.97 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 64.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,243 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0234 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.88 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.99 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 121.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is government budget allocations for r&d — government allocations for r&d in Finland?
- Government budget allocations for r&d — government allocations for r&d in Finland was 2,735 US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest government budget allocations for r&d — government allocations for r&d recorded in Finland?
- The highest recorded value was 3,063 US dollars, PPP converted in 2010.
- What is the lowest government budget allocations for r&d — government allocations for r&d recorded in Finland?
- The lowest recorded value was 756.4 US dollars, PPP converted in 1981.
- How does Finland rank for government budget allocations for r&d — government allocations for r&d?
- Finland ranks 18th out of 31 countries with data for 2024.
- Is government budget allocations for r&d — government allocations for r&d rising or falling in Finland?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Government budget allocations for R&D — Government Allocations for R&D (GBARD). Statizoid updates them automatically from the source API.
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About this data
This table contains data on Government budget allocations for R&D (GBARD) by socio-economic objective (SEO), using the NABS 2007 classification