Greece - Research and development expenditure
Research and development expenditure (% of GDP)
Research and development expenditure (% of GDP) in Greece was 0.803 as of 2013. Its highest value over the past 16 years was 0.803 in 2013, while its lowest value was 0.429 in 1997.
Definition: Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development.
Source: United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.
Topic: Infrastructure Indicators