R&D tax expenditure and direct government funding of BERD — Sum of in Greece
Greece: R&D tax expenditure and direct government funding of BERD — Sum of was 0.1257 Percentage of GDP in 2024. ◆ Volatile
R&D tax expenditure and direct government funding of BERD — Sum of 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 — sum of in Greece is 0.1257 Percentage of GDP, measured in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 16.5% on the previous year and up 268.6% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd — sum of in Greece peaked at 0.1257 Percentage of GDP in 2024 and was at its lowest, 0.0179 Percentage of GDP, in 2010.
That places Greece 20th out of 37 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 — Sum of in Greece, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 0.0179 Percentage of GDP | — |
| 2011 | 0.0216 Percentage of GDP | +20.7% |
| 2012 | 0.0243 Percentage of GDP | +12.5% |
| 2013 | 0.0227 Percentage of GDP | -6.6% |
| 2014 | 0.0341 Percentage of GDP | +50.2% |
| 2015 | 0.0336 Percentage of GDP | -1.5% |
| 2016 | 0.0219 Percentage of GDP | -34.8% |
| 2017 | 0.0294 Percentage of GDP | +34.2% |
| 2018 | 0.0429 Percentage of GDP | +45.9% |
| 2019 | 0.0443 Percentage of GDP | +3.3% |
| 2020 | 0.08 Percentage of GDP | +80.6% |
| 2021 | 0.1126 Percentage of GDP | +40.8% |
| 2022 | 0.1068 Percentage of GDP | -5.2% |
| 2023 | 0.1079 Percentage of GDP | +1.0% |
| 2024 | 0.1257 Percentage of GDP | +16.5% |
Greece compared with similar countries
- Greece's 0.1257 Percentage of GDP is below the median for high income countries, which is 0.1406 Percentage of GDP, 89% of the median. (30 countries reporting)
- Greece's 0.1257 Percentage of GDP is below the median for Europe & Central Asia, which is 0.128 Percentage of GDP, 98% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0293 Percentage of GDP | 0.0179 Percentage of GDP | 0.0443 Percentage of GDP | 10 |
| 2020s | 0.1066 Percentage of GDP | 0.08 Percentage of GDP | 0.1257 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 — sum of in Greece?
- R&d tax expenditure and direct government funding of berd — sum of in Greece was 0.1257 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 — sum of recorded in Greece?
- The highest recorded value was 0.1257 Percentage of GDP in 2024.
- What is the lowest r&d tax expenditure and direct government funding of berd — sum of recorded in Greece?
- The lowest recorded value was 0.0179 Percentage of GDP in 2010.
- How does Greece rank for r&d tax expenditure and direct government funding of berd — sum of?
- Greece ranks 20th out of 37 countries with data for 2024.
- Is r&d tax expenditure and direct government funding of berd — sum of rising or falling in Greece?
- Over the last ten years it is up 268.6%. 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 — Sum of tax incentive support for business R&D (GTARD) and government-financed BERD. Statizoid updates them automatically from the source API.
Download this data
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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.