Iceland has observed a 1,667.23 million (48.2%) increase in the research & development by higher education, financed by business enterprise in local currency, which now stands at 5,127.83 million.
            
            
        Research & development by higher education, financed by business enterprise in local currency in Iceland
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            More indicators for Iceland
            
        
        R&D financed by rest of the world in local currency
                                    178,428.87M
                                    
                                        -17,726.91M
                                    
                                    (2022)
                                
                            Government R&D in security as % of government support
                                    0%
                                    
                                        0%
                                    
                                    (2021)
                                
                            Business R&D services in local currency
                                    51,197.77M
                                    
                                        +3,525.60M
                                    
                                    (2022)
                                
                            Government R&D financed by rest of the world in local currency
                                    2,060.04M
                                    
                                        +1,392.46M
                                    
                                    (2022)
                                
                            Business R&D financed by rest of the world in local currency
                                    154,963.49M
                                    
                                        -25,404.12M
                                    
                                    (2022)
                                
                            Non-profit R&D growth rate
                                    -3.2%
                                    
                                        -2.63%
                                    
                                    (2009)
                                
                            
            Iceland Higher-education-finacing R&D financed by business enterprise in local currency between 1981 and 2022
        
        | Period | Value | Change | 
|---|---|---|
| 2022 | 5,127.83M | +1,667.23M | 
| 2021 | 3,460.60M | -151.08M | 
| 2020 | 3,611.67M | +1,118.85M | 
| 2019 | 2,492.83M | +98.55M | 
| 2018 | 2,394.28M | +318.66M | 
| 2017 | 2,075.61M | -51.26M | 
| 2016 | 2,126.87M | +466.38M | 
| 2015 | 1,660.49M | -2,794.51M | 
| 2014 | 4,455.00M | -1,414.00M | 
| 2013 | 5,869.00M | +3,686.00M | 
| 2011 | 2,183.00M | -7,272.09M | 
| 2009 | 9,455.09M | -4,076.94M | 
| 2008 | 13,532.03M | +1,395.68M | 
| 2007 | 12,136.35M | +1,577.26M | 
| 2006 | 10,559.09M | +3,497.09M | 
| 2005 | 7,062.00M | +2,282.00M | 
| 2003 | 4,780.00M | +103.34M | 
| 2001 | 4,676.66M | +3,458.88M | 
| 1999 | 1,217.78M | -1,491.41M | 
| 1998 | 2,709.19M | +189.01M | 
| 1997 | 2,520.18M | +1,487.52M | 
| 1995 | 1,032.66M | +413.45M | 
| 1994 | 619.21M | +56.29M | 
| 1993 | 562.92M | -179.50M | 
| 1992 | 742.42M | +71.23M | 
| 1991 | 671.19M | +55.86M | 
| 1990 | 615.33M | +78.91M | 
| 1989 | 536.42M | -485.58M | 
| 1987 | 1,022.00M | +1,007.00M | 
| 1985 | 15.00M | -8.00M | 
| 1983 | 23.00M | +18.00M | 
| 1981 | 5.00M | 
