Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Greece
Greece: Business expenditure on R&D (BERD) in ICT sector as % of total R&D was 1.0% in 2023. ▼ Falling
Latest (2023)
1.0%
Change on year
up 104.0%
World rank
16th
of 39 countries
All-time high
1.4%
in 2013
All-time low
0.2%
in 2020
Years of data
9
2011–2023
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Greece, 2011–2023
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for business expenditure on r&d (berd) in ict sector as % of total r&d in Greece is 1.0%, measured in 2023.
The figure is up 104.0% on the previous year and down 26.6% over ten years.
Over the whole period, business expenditure on r&d (berd) in ict sector as % of total r&d in Greece peaked at 1.4% in 2013 and was at its lowest, 0.2%, in 2020.
That places Greece 16th out of 39 countries with data for 2023, putting it in the middle of the range.
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Greece, year by year
| Year | Percentage | Change |
|---|---|---|
| 2011 | 0.8% | — |
| 2013 | 1.4% | +65.5% |
| 2015 | 1.1% | -21.6% |
| 2017 | 1.1% | +0.9% |
| 2019 | 0.5% | -59.1% |
| 2020 | 0.2% | -51.1% |
| 2021 | 0.4% | +95.5% |
| 2022 | 0.5% | +16.3% |
| 2023 | 1.0% | +104.0% |
Greece compared with similar countries
- Greece's 1.0% is above the median for high income countries, which is 0.6%, 1.7× the median. (29 countries reporting)
- Greece's 1.0% is above the median for Europe & Central Asia, which is 0.5%, 1.9× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.0% | 0.5% | 1.4% | 5 |
| 2020s | 0.5% | 0.2% | 1.0% | 4 |
Countries ranked near Greece
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is business expenditure on r&d (berd) in ict sector as % of total r&d in Greece?
- Business expenditure on r&d (berd) in ict sector as % of total r&d in Greece was 1.0% in 2023, according to Eurostat.
- What is the highest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in Greece?
- The highest recorded value was 1.4% in 2013.
- What is the lowest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in Greece?
- The lowest recorded value was 0.2% in 2020.
- How does Greece rank for business expenditure on r&d (berd) in ict sector as % of total r&d?
- Greece ranks 16th out of 39 countries with data for 2023.
- Is business expenditure on r&d (berd) in ict sector as % of total r&d rising or falling in Greece?
- Over the last ten years it is down 26.6%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from Eurostat, published as part of Business expenditure on R&D (BERD) in ICT sector as % of total R&D expenditure by NACE Rev. 2 activity. Statizoid updates them automatically from the source API.
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