Nearly 70 billion NOK to R&D in Norway
Jan 25 2019NIFU Insight no. 2018:6.
Author: Mona Nedberg Østby.
Preliminary figures show that Norway spent nearly 70 billion NOK on research and experimental development (R&D) in 2017. In current prices, R&D expenditure increased by more than 6 billion NOK, equaling 10 per cent, from 2016. The number of full-time equivalents (FTEs) dedicated to R&D grew by more than 3 000, reaching a total of 47 000. According to the preliminary figures Norway’s R&D expenditures constituted 2,11 per cent of GDP.
