In Iceland, the research & development by higher education, financed by government in local currency currently stands at 186,422.77 million, reflecting an increase of 14,137.13 million (8.2%) since 2021.
            
            
        Research & development by higher education, financed by government 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 government in local currency between 1981 and 2022
        
        | Period | Value | Change | 
|---|---|---|
| 2022 | 186,422.77M | +14,137.13M | 
| 2021 | 172,285.64M | +13,860.07M | 
| 2020 | 158,425.57M | +6,455.90M | 
| 2019 | 151,969.67M | +6,608.87M | 
| 2018 | 145,360.81M | +11,413.58M | 
| 2017 | 133,947.23M | +5,244.29M | 
| 2016 | 128,702.94M | +14,921.44M | 
| 2015 | 113,781.50M | +14,705.50M | 
| 2014 | 99,076.00M | +9,348.00M | 
| 2013 | 89,728.00M | -4,402.00M | 
| 2011 | 94,130.00M | +8,890.71M | 
| 2009 | 85,239.29M | +8,651.01M | 
| 2008 | 76,588.28M | +7,899.24M | 
| 2007 | 68,689.04M | +4,105.43M | 
| 2006 | 64,583.61M | +15,847.91M | 
| 2005 | 48,735.70M | +9,565.70M | 
| 2003 | 39,170.00M | +4,558.44M | 
| 2001 | 34,611.56M | +8,864.27M | 
| 1999 | 25,747.29M | +1,507.60M | 
| 1998 | 24,239.69M | +1,691.14M | 
| 1997 | 22,548.55M | +7,848.92M | 
| 1995 | 14,699.63M | +1,763.36M | 
| 1994 | 12,936.28M | +1,176.03M | 
| 1993 | 11,760.25M | -3,075.11M | 
| 1992 | 14,835.36M | +2,517.53M | 
| 1991 | 12,317.83M | +5,908.81M | 
| 1990 | 6,409.02M | +821.89M | 
| 1989 | 5,587.13M | +2,419.13M | 
| 1987 | 3,168.00M | +1,147.00M | 
| 1985 | 2,021.00M | +1,049.00M | 
| 1983 | 972.00M | +644.00M | 
| 1981 | 328.00M | 
