Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Greece

Greece: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 1,986 Million euro in 2024. ◆ Volatile

Latest (2024)
1,986 Million euro
Change on year
up 19.8%
World rank
30th
of 54 countries
All-time high
1,986 Million euro
in 2024
All-time low
357.36 Million euro
in 2005
Years of data
20
2005–2024

Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Greece, 2005–2024

5001.0k1.5k2.0k2005201420242005: 357.4 Million euro2006: 367.3 Million euro2007: 383.5 Million euro2008: 500.8 Million euro2009: 537.8 Million euro2010: 533.4 Million euro2011: 485.9 Million euro2012: 458.6 Million euro2013: 488.7 Million euro2014: 504.4 Million euro2015: 561.6 Million euro2016: 740.4 Million euro2017: 994 Million euro2018: 1.0k Million euro2019: 1.1k Million euro2020: 1.1k Million euro2021: 1.2k Million euro2022: 1.5k Million euro2023: 1.7k Million euro2024: 2.0k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Greece recorded 1,986 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 19.8% on the previous year and up 293.7% over ten years.

Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Greece peaked at 1,986 Million euro in 2024 and was at its lowest, 357.36 Million euro, in 2005.

That places Greece 30th out of 54 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Greece, year by year

Annual values for Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2 in Greece, 2005 to 2024.
Year Million euro Change
2005 357.36 Million euro —
2006 367.3 Million euro +2.8%
2007 383.53 Million euro +4.4%
2008 500.8 Million euro +30.6%
2009 537.83 Million euro +7.4%
2010 533.39 Million euro -0.8%
2011 485.86 Million euro -8.9%
2012 458.6 Million euro -5.6%
2013 488.69 Million euro +6.6%
2014 504.37 Million euro +3.2%
2015 561.59 Million euro +11.3%
2016 740.4 Million euro +31.8%
2017 994.04 Million euro +34.3%
2018 1,050 Million euro +5.6%
2019 1,078 Million euro +2.7%
2020 1,150 Million euro +6.7%
2021 1,245 Million euro +8.3%
2022 1,505 Million euro +20.9%
2023 1,658 Million euro +10.1%
2024 1,986 Million euro +19.8%

Greece compared with similar countries

  • Greece's 1,986 Million euro is below the median for Europe & Central Asia, which is 3,162 Million euro, 63% of the median. (35 countries reporting)
  • Greece's 1,986 Million euro is below the median for high income countries, which is 6,039 Million euro, 33% of the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 429.36 Million euro 357.36 Million euro 537.83 Million euro 5
2010s 689.43 Million euro 458.6 Million euro 1,078 Million euro 10
2020s 1,509 Million euro 1,150 Million euro 1,986 Million euro 5

Countries ranked near Greece

  1. 27 Czechia 3,783 Million euro compare
  2. 28 Portugal 3,162 Million euro compare
  3. 29 Hungary 2,047 Million euro compare
  4. 31 Romania 1,043 Million euro compare
  5. 32 Slovenia 1,012 Million euro compare
  6. 33 Slovenia 993.5 Million euro compare

See the full ranking of 58 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Greece?
Business enterprise r&d expenditure in high-tech sectors by nace rev. in Greece was 1,986 Million euro in 2024, according to Eurostat.
What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Greece?
The highest recorded value was 1,986 Million euro in 2024.
What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Greece?
The lowest recorded value was 357.36 Million euro in 2005.
How does Greece rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
Greece ranks 30th out of 54 countries with data for 2024.
Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Greece?
Over the last ten years it is up 293.7%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.

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Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Greece. Statizoid, drawing on Eurostat. Retrieved 09 November 2026, from https://economy.statizoid.com/stat/business-enterprise-r-and-d-expenditure-in-high-tech-sectors-by-nace-rev-2/greece/

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About this data

Indicator
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,068 data points, 2005–2024
Last refreshed