In Iceland, the research & development by business enterprise, financed by business enterprise in local currency currently stands at 524,024.76 million, reflecting an increase of 83,721.30 million (19.0%) compared to 2021.
            
            
        Research & development by business enterprise, financed by business enterprise in local currency in Iceland
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        Non-profit R&D growth rate
                                    -3.2%
                                    
                                        -2.63%
                                    
                                    (2009)
                                
                            Government R&D financed by rest of the world in local currency
                                    2,060.04M
                                    
                                        +1,392.46M
                                    
                                    (2022)
                                
                            R&D financed by rest of the world in local currency
                                    178,428.87M
                                    
                                        -17,726.91M
                                    
                                    (2022)
                                
                            Higher Education R&D women researchers %
                                    51.36%
                                    
                                        -1.71%
                                    
                                    (2021)
                                
                            Government R&D  personnel labour costs as percentage of GDP
                                    1.57%
                                    
                                        +0.01%
                                    
                                    (2022)
                                
                            Higher-education-finacing R&D financed by general university in local currency
                                    61,479.53M
                                    
                                        +8,624.32M
                                    
                                    (2022)
                                
                            
            Iceland Business R&D financed by business enterprise in local currency between 1981 and 2022
        
        | Period | Value | Change | 
|---|---|---|
| 2022 | 524,024.76M | +83,721.30M | 
| 2021 | 440,303.46M | +146,576.99M | 
| 2020 | 293,726.47M | +1,974.48M | 
| 2019 | 291,751.99M | +43,378.73M | 
| 2018 | 248,373.25M | +33,586.18M | 
| 2017 | 214,787.07M | -7,715.31M | 
| 2016 | 222,502.39M | +19,002.17M | 
| 2015 | 203,500.22M | +7,162.22M | 
| 2011 | 196,338.00M | +10,563.00M | 
| 2009 | 185,775.00M | +7,865.83M | 
| 2008 | 177,909.17M | +18,349.38M | 
| 2007 | 159,559.79M | +3,370.04M | 
| 2006 | 156,189.75M | +31,768.18M | 
| 2005 | 124,421.58M | +30,401.58M | 
| 2003 | 94,020.00M | -4,037.37M | 
| 2001 | 98,057.37M | +46,004.82M | 
| 1999 | 52,052.55M | +12,701.84M | 
| 1998 | 39,350.71M | +3,577.34M | 
| 1997 | 35,773.37M | +14,609.46M | 
| 1995 | 21,163.91M | +5,387.63M | 
| 1994 | 15,776.28M | +1,434.21M | 
| 1993 | 14,342.07M | +4,493.64M | 
| 1992 | 9,848.43M | +1,352.97M | 
| 1991 | 8,495.46M | +2,528.51M | 
| 1990 | 5,966.95M | +765.20M | 
| 1989 | 5,201.75M | +3,417.75M | 
| 1987 | 1,784.00M | +625.00M | 
| 1985 | 1,159.00M | +433.00M | 
| 1983 | 726.00M | +644.00M | 
| 1981 | 82.00M | 
