R&D tax expenditure and direct government funding of BERD — Sum of in Slovak Republic
Slovak Republic: R&D tax expenditure and direct government funding of BERD — Sum of was 0.0835 Percentage of GDP in 2024. ◆ Volatile
R&D tax expenditure and direct government funding of BERD — Sum of 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 — sum of in Slovak Republic is 0.0835 Percentage of GDP, measured in 2024.
Compared with earlier readings it is up 0.6% on the previous year and up 557.5% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd — sum of in Slovak Republic peaked at 0.0889 Percentage of GDP in 2021 and was at its lowest, 0.0127 Percentage of GDP, in 2014.
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 Slovak Republic, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 0.0274 Percentage of GDP | — |
| 2011 | 0.0252 Percentage of GDP | -8.0% |
| 2012 | 0.0223 Percentage of GDP | -11.5% |
| 2013 | 0.0194 Percentage of GDP | -13.0% |
| 2014 | 0.0127 Percentage of GDP | -34.5% |
| 2015 | 0.0235 Percentage of GDP | +85.0% |
| 2016 | 0.0191 Percentage of GDP | -18.7% |
| 2017 | 0.0221 Percentage of GDP | +15.7% |
| 2018 | 0.0391 Percentage of GDP | +76.9% |
| 2019 | 0.0448 Percentage of GDP | +14.6% |
| 2020 | 0.0615 Percentage of GDP | +37.3% |
| 2021 | 0.0889 Percentage of GDP | +44.6% |
| 2022 | 0.063 Percentage of GDP | -29.1% |
| 2023 | 0.083 Percentage of GDP | +31.7% |
| 2024 | 0.0835 Percentage of GDP | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0256 Percentage of GDP | 0.0127 Percentage of GDP | 0.0448 Percentage of GDP | 10 |
| 2020s | 0.076 Percentage of GDP | 0.0615 Percentage of GDP | 0.0889 Percentage of GDP | 5 |
Countries ranked near Slovak Republic
- 6 Israel 0.3445 Percentage of GDP compare
- 6 Slovenia 0.1744 Percentage of GDP compare
- 7 Poland 0.151 Percentage of GDP compare
- 7 Belgium 0.3009 Percentage of GDP compare
- 8 Estonia 0.1206 Percentage of GDP compare
- 8 China 0.2891 Percentage of GDP compare
- 9 OECD 0.2568 Percentage of GDP compare
- 10 Lithuania 0.0463 Percentage of GDP compare
- 10 Japan 0.2269 Percentage of GDP compare
- 11 Spain 0.2249 Percentage of GDP compare
- 11 Latvia 0.0143 Percentage of GDP compare
- 12 Croatia 0.0118 Percentage of GDP compare
- 12 Ireland 0.2156 Percentage of GDP compare
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Frequently asked questions
- What is r&d tax expenditure and direct government funding of berd — sum of in Slovak Republic?
- R&d tax expenditure and direct government funding of berd — sum of in Slovak Republic was 0.0835 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 Slovak Republic?
- The highest recorded value was 0.0889 Percentage of GDP in 2021.
- What is the lowest r&d tax expenditure and direct government funding of berd — sum of recorded in Slovak Republic?
- The lowest recorded value was 0.0127 Percentage of GDP in 2014.
- How does Slovak Republic rank for r&d tax expenditure and direct government funding of berd — sum of?
- Slovak Republic ranks 9th out of 12 groups with data for 2024.
- Is r&d tax expenditure and direct government funding of berd — sum of rising or falling in Slovak Republic?
- Over the last ten years it is up 557.5%. The long-run trend across the full record is volatile.
- 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 — 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.