Expenditure on Research & Development in Greece is 1.49% of GDP

R&D expenditure in 2022 in Greece exceeded €3 billion according to preliminary data published and sent to Eurostat by the National Documentation Centre (EKT), the competent National Authority of the Hellenic Statistical System for European Research, Development and Innovation statistics.

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EKT participates in the peer review of the Hellenic Statistical System

The National Documentation Centre (EKT), as the National Authority of the Hellenic Statistical System for European Statistics on Research, Development and Innovation, will participate in the peer review of the Hellenic Statistical System (ELSS), which will take place on 19-21 October 2022 in Athens (ELSTAT).

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Greek R&D expenditures and personnel increased in 2020

In 2020, Research & Development (R&D) expenditure was 1.5% of GDP, according to the final statistics published by the National Documentation Centre (EKT), as National Authority of the Hellenic Statistical System competent for European Research, Development and Innovation statistics.

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R&D expenditures in Greece at 1.50% of GDP in 2020

Research & Development (R&D) expenditures reached 1.50% of GDP in 2020 according to provisional data published by the National Documentation Centre (EKT), the competent National Authority of the Hellenic Statistical System for European Statistics on Research, Development and Innovation.

In 2020, a year marked by the COVID-19 pandemic and its impact on the economy, R&D expenditure in Greece was € 2,473.45 million, an increase of € 135.8 million compared to 2019 (growth rate 5.8%).

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Increase in applications for R&D tax incentives 2010-2016

A continuous increase in the number of applications by enterprises wishing to receive tax benefits in terms of Research and Development (R&D) activities over the period 2010-2016, as well as the corresponding expenditure, is captured in a new study by the National Documentation Centre (EKT). The majority of applications came from small and medium-sized enterprises, while most of the R&D expenditure was attributed to large corporates.

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R&D expenditure in the Business Enterprise sector exceeded 1 billion euro in Greece in 2018

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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EU Research & Development expenditure 2017 is 2.07%

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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