In 2018, Research & Development (R&D) expenditure in the business enterprise sector exceeded 1 billion euro, reaching 1049.5 million euro, according to preliminary data released by the National Documentation Centre and transmitted to Eurostat. Publication of the indicators is part of EKT’s regular production of official Research, Development and Innovation statistics for Greece as National authority of the Hellenic Statistical System.

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A significant increase in Research and Development (R&D) expenditure in Greece was recorded over the decade 2007-2017 according to the statistics recently published by Eurostat, the EU's statistical service. In 2017, R&D expenditure was 1.13% of GDP, almost double the 0,58% in 2007. Despite the significant increase, this performance still lagged behind the European average (2.07%), and, in 2017,  put Greece in 18th place in the European Union.

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