Gross domestic expenditure on R&D by sector of performance and in Greece
Greece: Gross domestic expenditure on R&D by sector of performance and was 5,542 US dollars, PPP converted in 2023. ◆ Volatile
Gross domestic expenditure on R&D by sector of performance and in Greece, 1981–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
In 2023, gross domestic expenditure on r&d by sector of performance and in Greece stood at 5,542 US dollars, PPP converted. That is the highest value across all 25 years on record.
The figure is up 3.1% on the previous year and up 106.1% over ten years.
Over the whole period, gross domestic expenditure on r&d by sector of performance and in Greece peaked at 5,542 US dollars, PPP converted in 2023 and was at its lowest, 366.07 US dollars, PPP converted, in 1981.
Greece ranks 20th of 30 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic expenditure on R&D by sector of performance and in Greece, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1981 | 366.07 US dollars, PPP converted | — |
| 1986 | 591.89 US dollars, PPP converted | +61.7% |
| 1988 | 662.46 US dollars, PPP converted | +11.9% |
| 1989 | 859.76 US dollars, PPP converted | +29.8% |
| 1991 | 863.1 US dollars, PPP converted | +0.4% |
| 1993 | 1,109 US dollars, PPP converted | +28.5% |
| 1995 | 1,198 US dollars, PPP converted | +8.0% |
| 1997 | 1,315 US dollars, PPP converted | +9.8% |
| 1999 | 1,864 US dollars, PPP converted | +41.7% |
| 2001 | 1,986 US dollars, PPP converted | +6.5% |
| 2008 | 3,003 US dollars, PPP converted | +51.2% |
| 2009 | 2,721 US dollars, PPP converted | -9.4% |
| 2010 | 2,448 US dollars, PPP converted | -10.0% |
| 2011 | 2,494 US dollars, PPP converted | +1.9% |
| 2012 | 2,406 US dollars, PPP converted | -3.5% |
| 2013 | 2,689 US dollars, PPP converted | +11.8% |
| 2014 | 2,785 US dollars, PPP converted | +3.6% |
| 2015 | 3,193 US dollars, PPP converted | +14.6% |
| 2016 | 3,303 US dollars, PPP converted | +3.5% |
| 2017 | 3,831 US dollars, PPP converted | +16.0% |
| 2019 | 4,393 US dollars, PPP converted | +14.7% |
| 2020 | 4,704 US dollars, PPP converted | +7.1% |
| 2021 | 4,921 US dollars, PPP converted | +4.6% |
| 2022 | 5,373 US dollars, PPP converted | +9.2% |
| 2023 | 5,542 US dollars, PPP converted | +3.1% |
Greece compared with similar countries
- Greece's 5,542 US dollars, PPP converted is below the median for high income countries, which is 8,279 US dollars, PPP converted, 67% of the median. (25 countries reporting)
- Greece's 5,542 US dollars, PPP converted is below the median for Europe & Central Asia, which is 7,972 US dollars, PPP converted, 70% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 620.04 US dollars, PPP converted | 366.07 US dollars, PPP converted | 859.76 US dollars, PPP converted | 4 |
| 1990s | 1,270 US dollars, PPP converted | 863.1 US dollars, PPP converted | 1,864 US dollars, PPP converted | 5 |
| 2000s | 2,570 US dollars, PPP converted | 1,986 US dollars, PPP converted | 3,003 US dollars, PPP converted | 3 |
| 2010s | 3,060 US dollars, PPP converted | 2,406 US dollars, PPP converted | 4,393 US dollars, PPP converted | 9 |
| 2020s | 5,135 US dollars, PPP converted | 4,704 US dollars, PPP converted | 5,542 US dollars, PPP converted | 4 |
Countries ranked near Greece
- 17 Mexico 7,455 US dollars, PPP converted compare
- 18 Argentina 6,914 US dollars, PPP converted compare
- 19 Ireland 6,153 US dollars, PPP converted compare
- 21 Hungary 5,269 US dollars, PPP converted compare
- 22 South Africa 5,107 US dollars, PPP converted compare
- 23 Czechia 4,712 US dollars, PPP converted compare
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 gross domestic expenditure on r&d by sector of performance and in Greece?
- Gross domestic expenditure on r&d by sector of performance and in Greece was 5,542 US dollars, PPP converted in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest gross domestic expenditure on r&d by sector of performance and recorded in Greece?
- The highest recorded value was 5,542 US dollars, PPP converted in 2023.
- What is the lowest gross domestic expenditure on r&d by sector of performance and recorded in Greece?
- The lowest recorded value was 366.07 US dollars, PPP converted in 1981.
- How does Greece rank for gross domestic expenditure on r&d by sector of performance and?
- Greece ranks 20th out of 30 countries with data for 2023.
- Is gross domestic expenditure on r&d by sector of performance and rising or falling in Greece?
- Over the last ten years it is up 106.1%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Gross domestic expenditure on R&D by sector of performance and socio-economic objectives — Gross Domestic Expenditure on R&D (GERD). Statizoid updates them automatically from the source API.
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About this data
This table contains data on Gross domestic expenditure on R&D (GERD) by socio-economic objective (SEO), using the NABS 2007 classification i.e.: Exploration and exploitation of the Earth, Environment, Exploration and exploitation of space, Transport, telecommunication and other infrastructures, Energy, Industrial production and technology, Health, Agriculture, Education, Culture, recreation, religion and mass media, Political and social systems, structures and processes, General advancement of knowledge, and Defence.