Australia vs Cyprus: R&D tax expenditure and direct government funding of BERD
R&D tax expenditure and direct government funding of BERD over time
- Australia
- Cyprus
How they compare
Australia currently reports 0.0321 Percentage of GDP against 0.02 Percentage of GDP in Cyprus, a difference of 0.0121 Percentage of GDP.
That makes Australia's figure about 1.6 times Cyprus's.
Across all 24 years both countries report, Australia has been ahead every year.
Australia ranks 27th and Cyprus ranks 29th of 38 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.035 Percentage of GDP | 0.01 Percentage of GDP | 0.0249 Percentage of GDP | Australia |
| 2010s | 0.0235 Percentage of GDP | 0.0086 Percentage of GDP | 0.0149 Percentage of GDP | Australia |
| 2020s | 0.0317 Percentage of GDP | 0.0242 Percentage of GDP | 0.0075 Percentage of GDP | Australia |
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, Australia or Cyprus?
- Australia, at 0.0321 Percentage of GDP against 0.02 Percentage of GDP in Cyprus as of 2023.
- What is the difference in r&d tax expenditure and direct government funding of berd between Australia and Cyprus?
- 0.0121 Percentage of GDP, with Australia ahead.
- How many years of comparable data are there for Australia and Cyprus?
- 24 years are reported by both, from 2000 to 2023.
- How do Australia and Cyprus rank globally for r&d tax expenditure and direct government funding of berd?
- Australia ranks 27th and Cyprus ranks 29th of 38 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-financed BERD. 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.