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R&D expenditure by sector in 2000-2005 and GDP share of R&D expenditure

Nearly EUR 5.5 billion was expended on research and development in Finland 2005. R&D expenditure grew by four per cent from 2004, or by almost the same amount as in the previous year. In terms of figures the growth amounted to EUR 220 million, of which EUR 193 million came from the enterprise sector and EUR 25 million from research institutes in the public sector. The engine behind the growth was the electronics industry where investments in R&D went up by nearly seven per cent from 2004.

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R&D expenditure in OECD countries and other countries in 2005-2006

Over the past 10 to 15 years, R&D investments in Finnish industries have grown more rapidly than in other OECD countries, at an annual rate of about 10 per cent. With this pace of growth, Finland's R&D input in relation to its GNP is one of the highest in the world.

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Click here to learn more on the European perspective.

 

Page last updated 31.05.2007

 

 
 

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