Greece - Research and development expenditure
Research and development expenditure (% of GDP)
Research and development expenditure (% of GDP) in Greece was 0.957 as of 2015. Its highest value over the past 18 years was 0.957 in 2015, while its lowest value was 0.428 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