More R&D in all Nordic countries

Abstract

The Nordic countries invested a total of nearly 410 billion NOK in research and development (R&D) in 2017. In current prices R&D expenditure increased by 27 billion NOK, or 7 per cent, from 2016, and all countries displayed growth. Sweden continues to hold the top position among the Nordic countries, with R&D expenditure of 174 billion NOK, equalling 3.40 per cent of the country’s GDP. R&D expenditure in Norway amounts to 2.09 per cent of GDP, which is record high.