Science and technology in Iceland

Science and technology in Iceland is well developed with the presence of several universities and research institutes.

According to the Global Innovation Index, Iceland is the 20th most innovative country in the world in 2022 and 2023.

Government policy
Science and technology in Iceland are regulated by the Science and Technology Policy Council, which is chaired by the Prime Minister. In 2021, the government spent 28billion ISK on research, a 130% increase over spending in 2017.