Government budget allocations for R&D (GBARD indicator)
The GBARD indicator measure the financial direct government support for R&D.
Government R&D allocations in 2018
institutional funding of R&D from the ordinary budget in 2018
from the Public Investment Program for R&D in 2018
In 2018, the direct government funding for R&D rose to 0.61% of GDP
In 2018, the direct government budget appropriations on research and development (GBARD indicator) was 1,118.02 million euros. Expressed as a percentage of GDP, GBARD was 0.61% of the Greek GDP, very close to the EU average (0.62%). The share of GBARD of the total general government expenditure was 1.29 %, also very close to the EU average (1.37%).