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Quantifying industrial strategies 2019-2022: Trends and priorities across 11 OECD countries

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  • OECD

Abstract

Industrial policy has resurfaced prominently in academic and policy discussions in the wake of major shocks and long-term trends. However, quantitative evidence on such policies remains limited. The OECD’s "Quantifying Industrial Strategies" (QuIS) project addresses this gap by gathering and harmonising publicly available data, based on a new methodology. This report summarises the recent developments of the industrial strategies for 11 countries (expanding to 20 in the next vintage) in terms of expenditures, priorities, and policy instruments for the period 2019-22, considering new policy targets compared with the previous vintage. The report finds that industrial policy support is sizeable and increased over time (from 1.40% of GDP to 1.53% of GDP in grants and tax expenditures), particularly for overall investment, the green transition and R&D; while energy cost support is important and mostly implemented through tax exemptions. The report also highlights evolving industrial policy priorities for some countries.

Suggested Citation

  • Oecd, 2025. "Quantifying industrial strategies 2019-2022: Trends and priorities across 11 OECD countries," OECD Science, Technology and Industry Policy Papers 179, OECD Publishing.
    • Handle: RePEc:oec:stiaac:179-en
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    More about this item

    Keywords

    Benchmarking; Industrial Policy; Industrial Strategies;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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