Gross domestic expenditure on R&D by sector of performance and source in Greece

Greece: Gross domestic expenditure on R&D by sector of performance and source was 5,832 US dollars, PPP converted in 2024. ◆ Volatile

Latest (2024)
5,832 US dollars, PPP converted
Change on year
up 5.2%
World rank
24th
of 34 countries
All-time high
5,832 US dollars, PPP converted
in 2024
All-time low
366.07 US dollars, PPP converted
in 1981
Years of data
32
1981–2024

Gross domestic expenditure on R&D by sector of performance and source in Greece, 1981–2024

02.0k4.0k6.0k1981200220241981: 366.1 US dollars, PPP converted1986: 591.9 US dollars, PPP converted1988: 662.5 US dollars, PPP converted1989: 859.8 US dollars, PPP converted1991: 863.1 US dollars, PPP converted1993: 1.1k US dollars, PPP converted1995: 1.2k US dollars, PPP converted1997: 1.3k US dollars, PPP converted1999: 1.9k US dollars, PPP converted2001: 2.0k US dollars, PPP converted2003: 2.1k US dollars, PPP converted2004: 2.2k US dollars, PPP converted2005: 2.4k US dollars, PPP converted2006: 2.5k US dollars, PPP converted2007: 2.6k US dollars, PPP converted2008: 3.0k US dollars, PPP converted2009: 2.7k US dollars, PPP converted2010: 2.4k US dollars, PPP converted2011: 2.5k US dollars, PPP converted2012: 2.4k US dollars, PPP converted2013: 2.7k US dollars, PPP converted2014: 2.8k US dollars, PPP converted2015: 3.2k US dollars, PPP converted2016: 3.3k US dollars, PPP converted2017: 3.8k US dollars, PPP converted2018: 4.1k US dollars, PPP converted2019: 4.4k US dollars, PPP converted2020: 4.7k US dollars, PPP converted2021: 4.9k US dollars, PPP converted2022: 5.4k US dollars, PPP converted2023: 5.5k US dollars, PPP converted2024: 5.8k US dollars, PPP converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.

Analysis

In 2024, gross domestic expenditure on r&d by sector of performance and source in Greece stood at 5,832 US dollars, PPP converted. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 5.2% on the previous year and up 109.4% over ten years.

Over the whole period, gross domestic expenditure on r&d by sector of performance and source in Greece peaked at 5,832 US dollars, PPP converted in 2024 and was at its lowest, 366.07 US dollars, PPP converted, in 1981.

Greece ranks 24th of 34 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic expenditure on R&D by sector of performance and source in Greece, year by year

Annual values for Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD) in Greece, 1981 to 2024.
Year US dollars, PPP converted Change
1981 366.07 US dollars, PPP converted
1986 591.89 US dollars, PPP converted +61.7%
1988 662.46 US dollars, PPP converted +11.9%
1989 859.76 US dollars, PPP converted +29.8%
1991 863.1 US dollars, PPP converted +0.4%
1993 1,109 US dollars, PPP converted +28.5%
1995 1,198 US dollars, PPP converted +8.0%
1997 1,315 US dollars, PPP converted +9.8%
1999 1,864 US dollars, PPP converted +41.7%
2001 1,986 US dollars, PPP converted +6.5%
2003 2,139 US dollars, PPP converted +7.7%
2004 2,170 US dollars, PPP converted +1.5%
2005 2,405 US dollars, PPP converted +10.8%
2006 2,466 US dollars, PPP converted +2.5%
2007 2,617 US dollars, PPP converted +6.2%
2008 3,003 US dollars, PPP converted +14.7%
2009 2,721 US dollars, PPP converted -9.4%
2010 2,448 US dollars, PPP converted -10.0%
2011 2,494 US dollars, PPP converted +1.9%
2012 2,406 US dollars, PPP converted -3.5%
2013 2,689 US dollars, PPP converted +11.8%
2014 2,785 US dollars, PPP converted +3.6%
2015 3,193 US dollars, PPP converted +14.6%
2016 3,303 US dollars, PPP converted +3.5%
2017 3,831 US dollars, PPP converted +16.0%
2018 4,105 US dollars, PPP converted +7.2%
2019 4,393 US dollars, PPP converted +7.0%
2020 4,704 US dollars, PPP converted +7.1%
2021 4,921 US dollars, PPP converted +4.6%
2022 5,373 US dollars, PPP converted +9.2%
2023 5,542 US dollars, PPP converted +3.1%
2024 5,832 US dollars, PPP converted +5.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 620.04 US dollars, PPP converted 366.07 US dollars, PPP converted 859.76 US dollars, PPP converted 4
1990s 1,270 US dollars, PPP converted 863.1 US dollars, PPP converted 1,864 US dollars, PPP converted 5
2000s 2,438 US dollars, PPP converted 1,986 US dollars, PPP converted 3,003 US dollars, PPP converted 8
2010s 3,165 US dollars, PPP converted 2,406 US dollars, PPP converted 4,393 US dollars, PPP converted 10
2020s 5,274 US dollars, PPP converted 4,704 US dollars, PPP converted 5,832 US dollars, PPP converted 5

Countries ranked near Greece

  1. 21 Norway 8,288 US dollars, PPP converted compare
  2. 22 Portugal 7,636 US dollars, PPP converted compare
  3. 23 Argentina 6,914 US dollars, PPP converted compare
  4. 25 South Africa 5,107 US dollars, PPP converted compare
  5. 26 Hungary 5,032 US dollars, PPP converted compare
  6. 27 New Zealand 3,937 US dollars, PPP converted compare

See the full ranking of 47 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is gross domestic expenditure on r&d by sector of performance and source in Greece?
Gross domestic expenditure on r&d by sector of performance and source in Greece was 5,832 US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest gross domestic expenditure on r&d by sector of performance and source recorded in Greece?
The highest recorded value was 5,832 US dollars, PPP converted in 2024.
What is the lowest gross domestic expenditure on r&d by sector of performance and source recorded in Greece?
The lowest recorded value was 366.07 US dollars, PPP converted in 1981.
How does Greece rank for gross domestic expenditure on r&d by sector of performance and source?
Greece ranks 24th out of 34 countries with data for 2024.
Is gross domestic expenditure on r&d by sector of performance and source rising or falling in Greece?
Over the last ten years it is up 109.4%. 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 Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD). Statizoid updates them automatically from the source API.

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Gross domestic expenditure on R&D by sector of performance and source in Greece. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-source-of-funds-gross/greece/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 1,579 data points, 1981–2025
Last refreshed

This table contains gross research and development (R&D) expenditure statistics broken down by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by source of funds (business enterprise, government - including public general university funds -, higher education, private non-profit and funds from the rest of the World - including funds from enterprises and other funds from the rest of the World).