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Published: 30 September 2005

Research and development expenditure grew in 2004

Nearly EUR 5.3 billion was expended on research and development in 2004. R&D expenditure grew by five per cent, the corresponding change having been around four per cent in 2003. In numbers, the biggest part of the EUR 250 million annual growth, slightly over EUR 150 million, came from business enterprises. Despite this, enterprises' share of R&D expenditure fell slightly, to 70 per cent.

Growth was fastest in universities, the annual change in R&D expenditure being as much as eight per cent in nominal value and the expenditure exceeded EUR one billion. University sector now accounts for one fifth of all R&D expenditure, up by two percentage points from 2000. R&D expenditure of the other public sector returned in nominal value to the level of 2002 after having contracted in 2003.

The GDP share of R&D expenditure was 3.5 per cent in 2004. Relative to the economic resources, Finland's investment in R&D did not grow much from the previous year.

R&D expenditure by sector and GDP share of R&D expenditure in 1998-2004

Year Business enterprises    Public sector*    University sector** Total GDP share of R&D
expenditure***
e million % e million % e million % e million %
1998 2,252.8 67.2 443.9 13.2 657.8 19.6 3,354.5 2.86
1999 2,643.9 68.2 470.1 12.1 764.8 19.7 3,878.8 3.21
2000 3,135.9 70.9 497.4 11.2 789.3 17.8 4,422.6 3.38
2001 3,284.0 71.1 500.9 10.8 834.1 18.1 4,619.0 3.38
2002 3,375.1 69.9 529.7 11.0 925.6 19.2 4,830.3 3.43
2003 3,527.9 70.5 515.4 10.3 961.7 19.2 5,005.0 3.48
2004 3,683.5 70.1 530.1 10.1 1,039.8 19.8 5,253.4 3.51

*     incl. PNP (private non-profit sector)
**   incl. polytechnics since 1999
*** GDP 2003 and 2004 preliminary data of Statistics Finland

Source: Research and Development 2004, Statistics Finland

Inquiries: Mr Ari Leppälahti +358 9 1734 3237, tiede.teknologia@stat.fi

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Last updated 30.9.2005

Referencing instructions:

Official Statistics of Finland (OSF): Research and development [e-publication].
ISSN=2342-6721. 2004. Helsinki: Statistics Finland [referred: 20.4.2024].
Access method: http://www.stat.fi/til/tkke/2004/tkke_2004_2005-09-30_tie_001_en.html