R&D tax expenditure and direct government funding of BERD — Indirect in Greece
Greece: R&D tax expenditure and direct government funding of BERD — Indirect was 0.0245 Percentage of GDP in 2024. ◆ Volatile
R&D tax expenditure and direct government funding of BERD — Indirect in Greece, 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 — indirect in Greece is 0.0245 Percentage of GDP, measured in 2024.
That represents a change of up 25.0% on the previous year and up 512.5% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd — indirect in Greece peaked at 0.0288 Percentage of GDP in 2020 and was at its lowest, 0.0024 Percentage of GDP, in 2011.
That places Greece 23rd out of 43 countries with data for 2024, putting it in the middle of the range.
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 — Indirect in Greece, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 0.0028 Percentage of GDP | — |
| 2011 | 0.0024 Percentage of GDP | -14.3% |
| 2012 | 0.0041 Percentage of GDP | +70.8% |
| 2013 | 0.0036 Percentage of GDP | -12.2% |
| 2014 | 0.004 Percentage of GDP | +11.1% |
| 2015 | 0.0054 Percentage of GDP | +35.0% |
| 2016 | 0.0078 Percentage of GDP | +44.4% |
| 2017 | 0.0065 Percentage of GDP | -16.7% |
| 2018 | 0.0078 Percentage of GDP | +20.0% |
| 2019 | 0.0078 Percentage of GDP | +0.0% |
| 2020 | 0.0288 Percentage of GDP | +269.2% |
| 2021 | 0.0282 Percentage of GDP | -2.1% |
| 2022 | 0.0188 Percentage of GDP | -33.3% |
| 2023 | 0.0196 Percentage of GDP | +4.3% |
| 2024 | 0.0245 Percentage of GDP | +25.0% |
Greece compared with similar countries
- Greece's 0.0245 Percentage of GDP is below the median for high income countries, which is 0.0457 Percentage of GDP, 54% of the median. (31 countries reporting)
- Greece's 0.0245 Percentage of GDP is below the median for Europe & Central Asia, which is 0.0485 Percentage of GDP, 51% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where R&D tax expenditure and direct government funding of BERD — Indirect in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +269.2% | 0.0078 Percentage of GDP | 0.0288 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0052 Percentage of GDP | 0.0024 Percentage of GDP | 0.0078 Percentage of GDP | 10 |
| 2020s | 0.024 Percentage of GDP | 0.0188 Percentage of GDP | 0.0288 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 — indirect in Greece?
- R&d tax expenditure and direct government funding of berd — indirect in Greece was 0.0245 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 — indirect recorded in Greece?
- The highest recorded value was 0.0288 Percentage of GDP in 2020.
- What is the lowest r&d tax expenditure and direct government funding of berd — indirect recorded in Greece?
- The lowest recorded value was 0.0024 Percentage of GDP in 2011.
- How does Greece rank for r&d tax expenditure and direct government funding of berd — indirect?
- Greece ranks 23rd out of 43 countries with data for 2024.
- Is r&d tax expenditure and direct government funding of berd — indirect rising or falling in Greece?
- Over the last ten years it is up 512.5%. 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 — Indirect government support through R&D tax incentives (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.