Belgium vs Latvia: R&D tax expenditure and direct government funding of BERD
R&D tax expenditure and direct government funding of BERD over time
- Belgium
- Latvia
How they compare
Belgium currently reports 0.8813 Percentage of GDP against 0.3656 Percentage of GDP in Latvia, a difference of 0.5157 Percentage of GDP.
That makes Belgium's figure about 2.4 times Latvia's.
Across all 24 years both countries report, Belgium has been ahead every year.
Belgium ranks 10th and Latvia ranks 12th of 33 countries.
Belgium has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.6176 Percentage of GDP | 0.2195 Percentage of GDP | 0.3981 Percentage of GDP | Belgium |
| 2010s | 0.8033 Percentage of GDP | 0.1899 Percentage of GDP | 0.6134 Percentage of GDP | Belgium |
| 2020s | 0.9363 Percentage of GDP | 0.2723 Percentage of GDP | 0.664 Percentage of GDP | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher r&d tax expenditure and direct government funding of berd, Belgium or Latvia?
- Belgium, at 0.8813 Percentage of GDP against 0.3656 Percentage of GDP in Latvia as of 2023.
- What is the difference in r&d tax expenditure and direct government funding of berd between Belgium and Latvia?
- 0.5157 Percentage of GDP, with Belgium ahead.
- How many years of comparable data are there for Belgium and Latvia?
- 24 years are reported by both, from 2000 to 2023.
- How do Belgium and Latvia rank globally for r&d tax expenditure and direct government funding of berd?
- Belgium ranks 10th and Latvia ranks 12th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as R&D tax expenditure and direct government funding of BERD — Government budgets for R&D and tax incentive support for business R&D (GBARD+GTARD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.