Greece GR: HERD Financed: Business Sector

1981 - 2021 | Yearly | % | Organisation for Economic Co-operation and Development

Greece GR: HERD Financed: Business Sector data was reported at 7.585 % in 2021. This records an increase from the previous number of 6.535 % for 2020. Greece GR: HERD Financed: Business Sector data is updated yearly, averaging 6.347 % from Dec 1981 (Median) to 2021, with 24 observations. The data reached an all-time high of 8.957 % in 2011 and a record low of 0.000 % in 1986. Greece GR: HERD Financed: Business Sector data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Greece – Table GR.OECD.MSTI: Gross Domestic Expenditure on Research and Development: OECD Member: Annual.

In Greece, in 2011, the following methodological improvements resulted in a break in series: in the business enterprise sector, a new population frame was defined to cover all R&D-performing firms; in the government sector, the coverage was extended to also cover public hospitals as well as all institutions administered by the Ministry of Culture; in the higher education sector, all Technological Educational Institutes (TEI) and post-secondary establishments were included. These methodological changes were also applied to estimate the total GERD, BERD, GOVERD, and HERD between 2008 and 2010.

The methods for estimating R&D in the Higher Education sector changed in 1983, 1989, and 1995.

From 2008, GBARD data are exclusively based on R&D funders. Part of the increase in 2008 is also explained by a better identification of GBARD for cultural and archaeological activities.

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Greece Greece GR: HERD Financed: Business Sector

What was Greece's Greece GR: HERD Financed: Business Sector in 2021?

Last	Previous	Min	Max	Unit	Frequency	Range
7.585 2021	6.535 2020	0.000 1986	8.957 2011	%	yearly	1981 - 2021

Related Indicators for Greece GR: HERD Financed: Business Sector

Related indicators	Last	Frequency	Range
Greece GR: HERD Financed: Business Sector (%)	7.585 2021	yearly	1981 - 2021
Greece GR: Gross Domestic Expenditure on R&D (GERD) (EUR mn)	3,084.820 2022	yearly	1981 - 2022
Greece GR: GERD: Current PPP (USD mn)	6,059.175 2022	yearly	1981 - 2022
Greece GR: Higher Education Expenditure on R&D (HERD) (EUR mn)	905.764 2022	yearly	1981 - 2022
Greece GR: HERD: PPP: 2015p (USD mn)	1,372.244 2022	yearly	1981 - 2022
Greece GR: HERD: Compound Annual Growth Rate (%)	5.618 2022	yearly	1986 - 2022
Greece GR: HERD: % of GDP (%)	0.438 2022	yearly	1981 - 2022
Greece GR: GERD Financed: Rest of The World (%)	14.385 2021	yearly	1981 - 2021
Greece GR: GERD Financed: Government (%)	44.455 2021	yearly	1981 - 2021
Greece GR: GOVERD: Current PPP (USD mn)	1,271.641 2022	yearly	1981 - 2022
Greece GR: GOVERD: PPP: 2015p (USD mn)	980.837 2022	yearly	1981 - 2022
Greece GR: GERD: % of GDP (%)	1.493 2022	yearly	1981 - 2022
Greece GR: GERD per Capita Population: Current PPP (%)	572.778 2022	yearly	1981 - 2022
Greece GR: Business-Financed GERD: % of GDP (%)	0.558 2021	yearly	1981 - 2021
Greece GR: Government-Financed GERD: % of GDP (%)	0.648 2021	yearly	1981 - 2021
Greece GR: Basic Research Expenditure: % of GDP (%)	0.545 2021	yearly	2011 - 2021
Greece GR: GERD Performed: Government Sector (%)	20.987 2022	yearly	1981 - 2022
Greece GR: GERD Performed: Higher Education Sector (%)	29.362 2022	yearly	1981 - 2022

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Greece Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	53,626.717 2030	yearly	1980 - 2030
Forecast: Nominal GDP Per Capita (USD)	25,227.650 2027	yearly	1980 - 2027
Forecast: Real GDP Growth (%)	1.355 2027	yearly	1980 - 2027
GDP Deflator Growth (%)	3.4 Jun 2025	quarterly	Mar 1996 - Jun 2025
GDP per Capita (USD)	24,733.727 2024	yearly	1960 - 2024
Gross Fixed Capital Formation (USD mn)	10,809.718 Jun 2025	quarterly	Mar 1995 - Jun 2025
Gross National Product (GNP) (USD mn)	251,437.708 2024	yearly	1960 - 2024
Gross Savings Rate (%)	15.7 Sep 2025	quarterly	Mar 1995 - Sep 2025
Investment: % of GDP (%)	14.5 Jun 2025	quarterly	Mar 1995 - Jun 2025
Nominal GDP (USD mn)	70,361.9 Jun 2025	quarterly	Mar 1995 - Jun 2025
Nominal GDP Growth (%)	5.193 Jun 2025	quarterly	Mar 1996 - Jun 2025
Private Consumption Expenditure (USD mn)	48,673.085 Jun 2025	quarterly	Mar 1995 - Jun 2025
Private Consumption: % of GDP (%)	70.6 Jun 2025	quarterly	Mar 1995 - Jun 2025
Public Consumption Expenditure (USD mn)	13,504.111 Sep 2025	quarterly	Mar 1995 - Sep 2025
Public Consumption: % of GDP (%)	16.5 Sep 2025	quarterly	Mar 1995 - Sep 2025
Real GDP Growth (%)	1.7 Jun 2025	quarterly	Mar 1996 - Jun 2025
Total Trade of Goods & Services: % of Nominal GDP (%)	83.822 Jun 2025	quarterly	Mar 1995 - Jun 2025

Production	Last	Frequency	Range
Gold Production (kg)	3,000.000 2023	yearly	2007 - 2023
Industrial Production Index Growth (%)	6.8 Sep 2025	monthly	Jan 1991 - Sep 2025
Minerals Production (Metric Ton)	15,194,479.000 2023	yearly	2009 - 2023
Silver Production (Metric Ton)	42.988 2023	yearly	1986 - 2023

Sales, Orders, Inventory & Shipments	Last	Frequency	Range
New Orders Growth (%)	-7.5 Dec 2013	monthly	Jan 2001 - Dec 2013

Construction and Properties	Last	Frequency	Range
House Prices Growth (%)	7.3 Jun 2025	quarterly	Mar 2000 - Jun 2025
Nominal Residential Property Price Index (2010=100)	115.201 Jun 2025	quarterly	Mar 2000 - Jun 2025
Nominal Residential Property Price Index Growth (%)	7.313 Jun 2025	quarterly	Mar 2000 - Jun 2025
Real Residential Property Price Index (2010=100)	94.732 Jun 2025	quarterly	Mar 2000 - Jun 2025
Real Residential Property Price Index Growth (%)	4.796 Jun 2025	quarterly	Mar 2000 - Jun 2025
Building Permits (Unit)	1,914.000 Aug 2025	monthly	Jan 2007 - Aug 2025

Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-1.3 Dec 2018	monthly	Apr 1999 - Dec 2018
Forecast: Government Expenditure (EUR bn)	145.865 2030	yearly	1980 - 2030
Forecast: Government Net Debt (EUR bn)	394.346 2030	yearly	1980 - 2030
Forecast: Government Revenue (EUR bn)	141.673 2030	yearly	1980 - 2030
Government Debt: % of GDP (%)	151.2 Jun 2025	quarterly	Dec 1999 - Jun 2025
National Government Debt (USD mn)	433,852.8 Jun 2025	quarterly	Dec 1999 - Jun 2025
Tax Revenue (USD mn)	20,837.557 Jun 2025	quarterly	Mar 1999 - Jun 2025
Consolidated Fiscal Balance (USD mn)	2,257.676 Jun 2025	quarterly	Mar 1999 - Jun 2025
Tax Revenue: % of GDP (%)	29.6 Jun 2025	quarterly	Mar 1999 - Jun 2025

More Indicators for Greece

Indicators	Last	Frequency	Range
Greece Industrial Turnover Index: ND: Mfg: Tobacco Products (2000=100)	160.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Textiles (2000=100)	59.50 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Wearing Apparel, Dressing & Dyeing of... (2000=100)	51.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Leather & Leather Products (2000=100)	85.40 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Wood & Wood Products (2000=100)	81.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Pulp, Paper & Paper Products (2000=100)	99.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Publishing, Printing & Reproduction o... (2000=100)	410.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Coke, Petroleum Products & Nuclear Fu... (2000=100)	116.50 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Chemicals & Chemical Products (2000=100)	220.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Rubber & Plastic Products (2000=100)	142.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Other Non Metallic Mineral Products (2000=100)	102.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Basic Metals (2000=100)	230.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Metal Products excl Machinery & Equip... (2000=100)	156.80 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Other Machinery & Equipment (2000=100)	183.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Office Machinery & Computers (2000=100)	1,183.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Electrical Machinery & Apparatus (2000=100)	130.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Radio, Television & Communication Equ... (2000=100)	97.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Medical & Optical Instruments, Watche... (2000=100)	213.50 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Motor Vehicles, Trailers & Semi Trail... (2000=100)	987.70 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Other Transport Equipment (2000=100)	195.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Furniture, Other Manufacturing (2000=100)	62.10 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: ND: Mfg: Recycling (2000=100)	0.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: Euro Zone Market (EM) (2000=100)	95.70 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Energy (2000=100)	98.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Intermediate Goods (2000=100)	93.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Capital Goods (2000=100)	129.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Consumer Goods: Durable (2000=100)	81.40 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Consumer Goods: Non Durable (2000=100)	96.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mining & Quarrying (MQ) (2000=100)	72.80 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: MQ: Extraction of Crude Petroleum & Natura... (2000=100)	0.00 Dec 2008	monthly	Jan 2007 - Dec 2008
Greece Industrial Turnover Index: EM: MQ: Metal Ores (2000=100)	110.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: MQ: Others (2000=100)	63.70 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Manufacturing (Mfg) (2000=100)	96.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Food Products & Beverages (2000=100)	94.50 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Tobacco Products (2000=100)	562.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Textiles (2000=100)	44.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Wearing Apparel, Dressing & Dyeing of... (2000=100)	50.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Leather & Leather Products (2000=100)	89.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Wood & Wood Products (2000=100)	394.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Pulp, Paper & Paper Products (2000=100)	185.40 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Publishing, Printing & Reproduction o... (2000=100)	467.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Coke, Petroleum Products & Nuclear Fu... (2000=100)	98.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Chemicals & Chemical Products (2000=100)	273.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Rubber & Plastic Products (2000=100)	107.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Other Non Metallic Mineral Products (2000=100)	30.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Basic Metals (2000=100)	98.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Metal Products excl Machinery & Equip... (2000=100)	188.50 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Other Machinery & Equipment (2000=100)	102.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Office Machinery & Computers (2000=100)	4.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Electrical Machinery & Apparatus (2000=100)	109.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Radio, Television & Communication Equ... (2000=100)	41.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Medical & Optical Instruments, Watche... (2000=100)	167.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Motor Vehicles, Trailers & Semi Trail... (2000=100)	1,084.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Other Transport Equipment (2000=100)	143.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Furniture, Other Manufacturing (2000=100)	143.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: EM: Mfg: Recycling (2000=100)	0.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: Non Euro Zone Market (NE) (2000=100)	161.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Energy (2000=100)	118.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Intermediate Goods (2000=100)	234.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Capital Goods (2000=100)	219.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Consumer Goods: Durable (2000=100)	94.80 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Consumer Goods: Non Durable (2000=100)	136.40 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mining & Quarrying (MQ) (2000=100)	134.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: MQ: Extraction of Crude Petroleum & Natura... (2000=100)	0.00 Dec 2008	monthly	Jan 2007 - Dec 2008
Greece Industrial Turnover Index: NE: MQ: Metal Ores (2000=100)	13.10 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: MQ: Others (2000=100)	256.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Manufacturing (Mfg) (2000=100)	162.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Food Products & Beverages (2000=100)	141.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Tobacco Products (2000=100)	157.50 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Textiles (2000=100)	128.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Wearing Apparel, Dressing & Dyeing of... (2000=100)	49.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Leather & Leather Products (2000=100)	66.40 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Wood & Wood Products (2000=100)	37.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Pulp, Paper & Paper Products (2000=100)	63.80 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Publishing, Printing & Reproduction o... (2000=100)	341.70 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Coke, Petroleum Products & Nuclear Fu... (2000=100)	118.30 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Chemicals & Chemical Products (2000=100)	176.10 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Rubber & Plastic Products (2000=100)	171.80 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Other Non Metallic Mineral Products (2000=100)	156.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Basic Metals (2000=100)	464.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Metal Products excl Machinery & Equip... (2000=100)	142.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Other Machinery & Equipment (2000=100)	216.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Office Machinery & Computers (2000=100)	554.20 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Electrical Machinery & Apparatus (2000=100)	158.80 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Radio, Television & Communication Equ... (2000=100)	131.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Medical & Optical Instruments, Watche... (2000=100)	496.90 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Motor Vehicles, Trailers & Semi Trail... (2000=100)	954.80 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Other Transport Equipment (2000=100)	525.60 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Furniture, Other Manufacturing (2000=100)	85.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Turnover Index: NE: Mfg: Recycling (2000=100)	0.00 Dec 2008	monthly	Jan 2000 - Dec 2008
Greece Industrial Capacity Utilisation Rate: Capital Goods (%)	72.70 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Industrial Capacity Utilisation Rate: Consumer Goods (%)	73.20 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Industrial Capacity Utilisation Rate: Intermediate Goods (%)	68.50 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Industrial Capacity Utilisation Rate: Food, Beverages and Tobacco (%)	71.60 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Industrial Capacity Utilisation Rate: Textiles (%)	52.30 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Industrial Capacity Utilisation Rate: Chemicals (%)	64.00 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Industrial Capacity Utilisation Rate: Non Metallic Minerals (%)	66.00 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Industrial Capacity Utilisation Rate: Basic Metallurgy (%)	81.80 Feb 2018	monthly	Jul 1998 - Feb 2018
Greece Agricultural Output Price Index (2000=100)	142.600 2007	yearly	2000 - 2007
Greece Agricultural Output Price Index: Crop Production (CP) (2000=100)	151.800 2007	yearly	2000 - 2007

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