R&D tax expenditure and direct government funding of BERD — Sum of in Cyprus
Cyprus: R&D tax expenditure and direct government funding of BERD — Sum of was 0.0338 Percentage of GDP in 2023. ◆ Volatile
R&D tax expenditure and direct government funding of BERD — Sum of in Cyprus, 2000–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2023, r&d tax expenditure and direct government funding of berd — sum of in Cyprus stood at 0.0338 Percentage of GDP.
The figure is down 0.3% on the previous year and up 228.2% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd — sum of in Cyprus peaked at 0.0339 Percentage of GDP in 2022 and was at its lowest, 0.0012 Percentage of GDP, in 2003.
Cyprus ranks 27th of 37 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.
R&D tax expenditure and direct government funding of BERD — Sum of in Cyprus, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.005 Percentage of GDP | — |
| 2001 | 0.0045 Percentage of GDP | -10.0% |
| 2002 | 0.0024 Percentage of GDP | -46.7% |
| 2003 | 0.0012 Percentage of GDP | -50.0% |
| 2004 | 0.0037 Percentage of GDP | +208.3% |
| 2005 | 0.0116 Percentage of GDP | +213.5% |
| 2006 | 0.0198 Percentage of GDP | +70.7% |
| 2007 | 0.0222 Percentage of GDP | +12.1% |
| 2008 | 0.0151 Percentage of GDP | -32.0% |
| 2009 | 0.0149 Percentage of GDP | -1.3% |
| 2010 | 0.0142 Percentage of GDP | -4.7% |
| 2011 | 0.0097 Percentage of GDP | -31.7% |
| 2012 | 0.0089 Percentage of GDP | -8.2% |
| 2013 | 0.0103 Percentage of GDP | +15.7% |
| 2014 | 0.0074 Percentage of GDP | -28.2% |
| 2015 | 0.0053 Percentage of GDP | -28.4% |
| 2016 | 0.0021 Percentage of GDP | -60.4% |
| 2017 | 0.0037 Percentage of GDP | +76.2% |
| 2018 | 0.0074 Percentage of GDP | +100.0% |
| 2019 | 0.0171 Percentage of GDP | +131.1% |
| 2020 | 0.0287 Percentage of GDP | +67.8% |
| 2021 | 0.0273 Percentage of GDP | -4.9% |
| 2022 | 0.0339 Percentage of GDP | +24.2% |
| 2023 | 0.0338 Percentage of GDP | -0.3% |
Cyprus compared with similar countries
- Cyprus's 0.0338 Percentage of GDP is below the median for high income countries, which is 0.1406 Percentage of GDP, 24% of the median. (30 countries reporting)
- Cyprus's 0.0338 Percentage of GDP is below the median for Europe & Central Asia, which is 0.128 Percentage of GDP, 26% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.01 Percentage of GDP | 0.0012 Percentage of GDP | 0.0222 Percentage of GDP | 10 |
| 2010s | 0.0086 Percentage of GDP | 0.0021 Percentage of GDP | 0.0171 Percentage of GDP | 10 |
| 2020s | 0.0309 Percentage of GDP | 0.0273 Percentage of GDP | 0.0339 Percentage of GDP | 4 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is r&d tax expenditure and direct government funding of berd — sum of in Cyprus?
- R&d tax expenditure and direct government funding of berd — sum of in Cyprus was 0.0338 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest r&d tax expenditure and direct government funding of berd — sum of recorded in Cyprus?
- The highest recorded value was 0.0339 Percentage of GDP in 2022.
- What is the lowest r&d tax expenditure and direct government funding of berd — sum of recorded in Cyprus?
- The lowest recorded value was 0.0012 Percentage of GDP in 2003.
- How does Cyprus rank for r&d tax expenditure and direct government funding of berd — sum of?
- Cyprus ranks 27th out of 37 countries with data for 2023.
- Is r&d tax expenditure and direct government funding of berd — sum of rising or falling in Cyprus?
- Over the last ten years it is up 228.2%. The long-run trend across the full record is volatile.
- Where does this Cyprus 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 — Sum of tax incentive support for business R&D (GTARD) and 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.