Content area

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.

Details

1007133
Title
Quantifying industrial strategies 2019-2022
Number of pages
33
Publication year
2025
Publication date
Jun 5, 2025
Publisher
Organisation for Economic Cooperation and Development (OECD)
Place of publication
Paris
Country of publication
France
Publication subject
e-ISSN
23074957
Source type
Working Paper
Language of publication
English
Document type
Journal Article
ProQuest document ID
3216395369
Document URL
https://www.proquest.com/working-papers/quantifying-industrial-strategies-2019-2022/docview/3216395369/se-2?accountid=208611
Copyright
The Material is the intellectual property of the OECD and protected by copyright or other similar rights. The Material, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimita
Last updated
2025-11-14
Database
ProQuest One Academic