The latest research & development by government, financed by general university funds in local currency data in Iceland reports 133,222.08 million, an decrease of 2,146.10 million (-1.6%) from 2022.
            
            
        Research & development by government, financed by general university funds in local currency in Iceland
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        Business R&D women researchers %
                                    35.28%
                                    
                                        +1.33%
                                    
                                    (2021)
                                
                            Higher Education R&D women researchers %
                                    51.36%
                                    
                                        -1.71%
                                    
                                    (2021)
                                
                            Non-profit R&D growth rate
                                    -3.2%
                                    
                                        -2.63%
                                    
                                    (2009)
                                
                            R&D costs in current PPP $
                                    6,812.20M
                                    
                                        +704.22M
                                    
                                    (2022)
                                
                            Business R&D financed by rest of the world in local currency
                                    154,963.49M
                                    
                                        -25,404.12M
                                    
                                    (2022)
                                
                            Government R&D financed by rest of the world in local currency
                                    2,060.04M
                                    
                                        +1,392.46M
                                    
                                    (2022)
                                
                            
            Iceland Government R&D financed by university in local currency between 1991 and 2023
        
        | Period | Value | Change | 
|---|---|---|
| 2023 | 133,222.08M | -2,146.10M | 
| 2022 | 135,368.18M | +11,571.18M | 
| 2021 | 123,797.00M | +14,280.20M | 
| 2020 | 109,516.80M | +4,519.00M | 
| 2019 | 104,997.80M | +7,968.70M | 
| 2018 | 97,029.10M | +7,861.50M | 
| 2017 | 89,167.60M | +1,038.90M | 
| 2016 | 88,128.70M | +5,527.30M | 
| 2015 | 82,601.40M | +6,453.00M | 
| 2014 | 76,148.40M | +5,335.60M | 
| 2013 | 70,812.80M | +3,892.80M | 
| 2012 | 66,920.00M | +5,460.00M | 
| 2011 | 61,460.00M | -2,840.00M | 
| 2010 | 64,300.00M | +760.00M | 
| 2009 | 63,540.00M | +12,780.00M | 
| 2008 | 50,760.00M | -4,181.00M | 
| 2007 | 54,941.00M | +6,345.00M | 
| 2006 | 48,596.00M | +35,847.00M | 
| 2005 | 12,749.00M | -22.00M | 
| 2004 | 12,771.00M | -17,638.00M | 
| 2003 | 30,409.00M | +3,214.00M | 
| 2002 | 27,195.00M | +3,213.00M | 
| 2001 | 23,982.00M | +1,357.00M | 
| 2000 | 22,625.00M | +1,357.00M | 
| 1999 | 21,268.00M | +2,702.00M | 
| 1998 | 18,566.00M | +2,702.00M | 
| 1997 | 15,864.00M | +1,430.00M | 
| 1996 | 14,434.00M | +1,431.00M | 
| 1995 | 13,003.00M | +1,522.00M | 
| 1994 | 11,481.00M | +1,522.00M | 
| 1993 | 9,959.00M | +4,342.71M | 
| 1992 | 5,616.29M | -25.37M | 
| 1991 | 5,641.66M | 
