R&D tax expenditure and direct government funding of BERD in Slovak Republic
Slovak Republic: R&D tax expenditure and direct government funding of BERD was 0.4141 Percentage of GDP in 2024. ▲ Rising
R&D tax expenditure and direct government funding of BERD in Slovak Republic, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for r&d tax expenditure and direct government funding of berd in Slovak Republic is 0.4141 Percentage of GDP, measured in 2024.
Compared with earlier readings it is up 0.5% on the previous year and up 9.6% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Slovak Republic peaked at 0.4622 Percentage of GDP in 2021 and was at its lowest, 0.3679 Percentage of GDP, in 2010.
The long-run direction has been consistently rising across the 15 years of available data.
R&D tax expenditure and direct government funding of BERD in Slovak Republic, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 0.3679 Percentage of GDP | — |
| 2011 | 0.4518 Percentage of GDP | +22.8% |
| 2012 | 0.3999 Percentage of GDP | -11.5% |
| 2013 | 0.3875 Percentage of GDP | -3.1% |
| 2014 | 0.3778 Percentage of GDP | -2.5% |
| 2015 | 0.414 Percentage of GDP | +9.6% |
| 2016 | 0.3748 Percentage of GDP | -9.5% |
| 2017 | 0.3712 Percentage of GDP | -1.0% |
| 2018 | 0.3912 Percentage of GDP | +5.4% |
| 2019 | 0.4104 Percentage of GDP | +4.9% |
| 2020 | 0.4513 Percentage of GDP | +10.0% |
| 2021 | 0.4622 Percentage of GDP | +2.4% |
| 2022 | 0.4181 Percentage of GDP | -9.5% |
| 2023 | 0.412 Percentage of GDP | -1.5% |
| 2024 | 0.4141 Percentage of GDP | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3947 Percentage of GDP | 0.3679 Percentage of GDP | 0.4518 Percentage of GDP | 10 |
| 2020s | 0.4315 Percentage of GDP | 0.412 Percentage of GDP | 0.4622 Percentage of GDP | 5 |
Countries ranked near Slovak Republic
- 8 France 0.9152 Percentage of GDP compare
- 8 Poland 0.5552 Percentage of GDP compare
- 9 Switzerland 0.9044 Percentage of GDP compare
- 9 Türkiye 0.5436 Percentage of GDP compare
- 10 Belgium 0.8813 Percentage of GDP compare
- 10 Lithuania 0.5065 Percentage of GDP compare
- 11 OECD 0.845 Percentage of GDP compare
- 12 Sweden 0.7719 Percentage of GDP compare
- 12 Latvia 0.3656 Percentage of GDP compare
- 13 Spain 0.7393 Percentage of GDP compare
- 14 Portugal 0.7156 Percentage of GDP compare
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- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 44.54 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1927 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0195 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0122 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 24 Percentage of taxable income (2026)
Frequently asked questions
- What is r&d tax expenditure and direct government funding of berd in Slovak Republic?
- R&d tax expenditure and direct government funding of berd in Slovak Republic was 0.4141 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 Slovak Republic?
- The highest recorded value was 0.4622 Percentage of GDP in 2021.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Slovak Republic?
- The lowest recorded value was 0.3679 Percentage of GDP in 2010.
- How does Slovak Republic rank for r&d tax expenditure and direct government funding of berd?
- Slovak Republic ranks 11th out of 12 groups with data for 2024.
- Is r&d tax expenditure and direct government funding of berd rising or falling in Slovak Republic?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
- Where does this Slovak Republic 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 budgets for R&D and tax incentive support for business R&D (GBARD+GTARD). 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.