R&D tax expenditure and direct government funding of BERD in Greece
Greece: R&D tax expenditure and direct government funding of BERD was 0.1012 Percentage of GDP in 2024. ◆ Volatile
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
Greece recorded 0.1012 Percentage of GDP for r&d tax expenditure and direct government funding of berd in 2024. That is the highest value across all 25 years on record.
That represents a change of up 14.6% on the previous year and up 236.2% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Greece peaked at 0.1012 Percentage of GDP in 2024 and was at its lowest, 0.0023 Percentage of GDP, in 2001.
That places Greece 9th out of 38 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
R&D tax expenditure and direct government funding of BERD in Greece, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.0046 Percentage of GDP | — |
| 2001 | 0.0023 Percentage of GDP | -50.0% |
| 2002 | 0.0054 Percentage of GDP | +134.8% |
| 2003 | 0.0079 Percentage of GDP | +46.3% |
| 2004 | 0.009 Percentage of GDP | +13.9% |
| 2005 | 0.0104 Percentage of GDP | +15.6% |
| 2006 | 0.0089 Percentage of GDP | -14.4% |
| 2007 | 0.0079 Percentage of GDP | -11.2% |
| 2008 | 0.0098 Percentage of GDP | +24.1% |
| 2009 | 0.0122 Percentage of GDP | +24.5% |
| 2010 | 0.0151 Percentage of GDP | +23.8% |
| 2011 | 0.0192 Percentage of GDP | +27.2% |
| 2012 | 0.0202 Percentage of GDP | +5.2% |
| 2013 | 0.0191 Percentage of GDP | -5.4% |
| 2014 | 0.0301 Percentage of GDP | +57.6% |
| 2015 | 0.0282 Percentage of GDP | -6.3% |
| 2016 | 0.0141 Percentage of GDP | -50.0% |
| 2017 | 0.0229 Percentage of GDP | +62.4% |
| 2018 | 0.0351 Percentage of GDP | +53.3% |
| 2019 | 0.0365 Percentage of GDP | +4.0% |
| 2020 | 0.0512 Percentage of GDP | +40.3% |
| 2021 | 0.0844 Percentage of GDP | +64.8% |
| 2022 | 0.0879 Percentage of GDP | +4.1% |
| 2023 | 0.0883 Percentage of GDP | +0.5% |
| 2024 | 0.1012 Percentage of GDP | +14.6% |
Greece compared with similar countries
- Greece's 0.1012 Percentage of GDP is above the median for high income countries, which is 0.0556 Percentage of GDP, 1.8× the median. (31 countries reporting)
- Greece's 0.1012 Percentage of GDP is above the median for Europe & Central Asia, which is 0.0772 Percentage of GDP, 1.3× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0078 Percentage of GDP | 0.0023 Percentage of GDP | 0.0122 Percentage of GDP | 10 |
| 2010s | 0.024 Percentage of GDP | 0.0141 Percentage of GDP | 0.0365 Percentage of GDP | 10 |
| 2020s | 0.0826 Percentage of GDP | 0.0512 Percentage of GDP | 0.1012 Percentage of GDP | 5 |
Countries ranked near Greece
- 6 Germany 0.1124 Percentage of GDP compare
- 6 Netherlands 0.1158 Percentage of GDP compare
- 7 Austria 0.1095 Percentage of GDP compare
- 7 Poland 0.0836 Percentage of GDP compare
- 8 OECD 0.1018 Percentage of GDP compare
- 8 Slovenia 0.0711 Percentage of GDP compare
- 10 Latvia 0.0143 Percentage of GDP compare
- 10 Norway 0.1007 Percentage of GDP compare
- 11 Croatia 0.0107 Percentage of GDP compare
- 11 Portugal 0.0967 Percentage of GDP compare
- 12 Hungary 0.0861 Percentage of GDP compare
- 12 Lithuania 0.0034 Percentage of GDP 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 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 0.1012 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 0.1012 Percentage of GDP in 2024.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Greece?
- The lowest recorded value was 0.0023 Percentage of GDP in 2001.
- How does Greece rank for r&d tax expenditure and direct government funding of berd?
- Greece ranks 9th out of 38 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 236.2%. 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 R&D tax expenditure and direct government funding of BERD — Government-financed BERD. 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.