R&D tax expenditure and direct government funding of BERD in Greece
Greece: R&D tax expenditure and direct government funding of BERD was 0.5515 Percentage of GDP in 2024. ▲ Rising
R&D tax expenditure and direct government funding of BERD in Greece, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, r&d tax expenditure and direct government funding of berd in Greece stood at 0.5515 Percentage of GDP.
Compared with earlier readings it is down 3.3% on the previous year and up 24.2% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Greece peaked at 0.8734 Percentage of GDP in 2020 and was at its lowest, 0.2561 Percentage of GDP, in 2002.
Greece ranks 16th of 33 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
R&D tax expenditure and direct government funding of BERD in Greece, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.3085 Percentage of GDP | — |
| 2001 | 0.2824 Percentage of GDP | -8.5% |
| 2002 | 0.2561 Percentage of GDP | -9.3% |
| 2003 | 0.2621 Percentage of GDP | +2.3% |
| 2004 | 0.2936 Percentage of GDP | +12.0% |
| 2005 | 0.3261 Percentage of GDP | +11.1% |
| 2006 | 0.3198 Percentage of GDP | -1.9% |
| 2007 | 0.2879 Percentage of GDP | -10.0% |
| 2008 | 0.4306 Percentage of GDP | +49.6% |
| 2009 | 0.3626 Percentage of GDP | -15.8% |
| 2010 | 0.3059 Percentage of GDP | -15.6% |
| 2011 | 0.3187 Percentage of GDP | +4.2% |
| 2012 | 0.3937 Percentage of GDP | +23.5% |
| 2013 | 0.4821 Percentage of GDP | +22.5% |
| 2014 | 0.4439 Percentage of GDP | -7.9% |
| 2015 | 0.5263 Percentage of GDP | +18.6% |
| 2016 | 0.5424 Percentage of GDP | +3.1% |
| 2017 | 0.4987 Percentage of GDP | -8.1% |
| 2018 | 0.619 Percentage of GDP | +24.1% |
| 2019 | 0.6958 Percentage of GDP | +12.4% |
| 2020 | 0.8734 Percentage of GDP | +25.5% |
| 2021 | 0.8399 Percentage of GDP | -3.8% |
| 2022 | 0.7427 Percentage of GDP | -11.6% |
| 2023 | 0.5701 Percentage of GDP | -23.2% |
| 2024 | 0.5515 Percentage of GDP | -3.3% |
Greece compared with similar countries
- Greece's 0.5515 Percentage of GDP is above the median for high income countries, which is 0.5515 Percentage of GDP, 1.0× the median. (29 countries reporting)
- Greece's 0.5515 Percentage of GDP is below the median for Europe & Central Asia, which is 0.6082 Percentage of GDP, 91% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.313 Percentage of GDP | 0.2561 Percentage of GDP | 0.4306 Percentage of GDP | 10 |
| 2010s | 0.4827 Percentage of GDP | 0.3059 Percentage of GDP | 0.6958 Percentage of GDP | 10 |
| 2020s | 0.7155 Percentage of GDP | 0.5515 Percentage of GDP | 0.8734 Percentage of GDP | 5 |
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 r&d tax expenditure and direct government funding of berd in Greece?
- R&d tax expenditure and direct government funding of berd in Greece was 0.5515 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest r&d tax expenditure and direct government funding of berd recorded in Greece?
- The highest recorded value was 0.8734 Percentage of GDP in 2020.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Greece?
- The lowest recorded value was 0.2561 Percentage of GDP in 2002.
- How does Greece rank for r&d tax expenditure and direct government funding of berd?
- Greece ranks 16th out of 33 countries with data for 2024.
- Is r&d tax expenditure and direct government funding of berd rising or falling in Greece?
- Over the last ten years it is up 24.2%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of R&D tax expenditure and direct government funding of BERD — Government budget allocations for R&D (GBARD). Statizoid updates them automatically from the source API.
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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.