South Korea - Basic Research Expenditures by Higher Education
Since 2014, South Korea Basic Research Expenditures by Higher Education jumped by 3.7% year on year. In 2019, the country was ranked number 11 among other countries in Basic Research Expenditures by Higher Education at $2,988.43 Million PPP. South Korea is overtaken by Poland, which was number 10 with $3,092.05 Million PPP and is followed by Spain at $2,902.96 Million PPP. United States ranked the highest with $46,917.95 Million PPP in 2019, that is a growth of 0.7% compared to 2018. China, France and Japan respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +12.8% per year, while Slovakia was the worst growing country at -3% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2,988.43 |
| 2018 | 2,909.52 |
| 2017 | 2,827.70 |
| 2016 | 2,571.72 |
| 2015 | 2,472.08 |
Download all data from 1995 to 2019
How does South Korea rank in Basic Research Expenditures by Higher Education?
| # | 35 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
46,917.95 | 2019 | +0.7 % | +3.3 % | View data | |
| 2 |
#2
China
|
17,138.09 | 2019 | +3.1 % | +12.8 % | View data | |
| 10 |
#10
Poland
|
3,092.05 | 2019 | +5.5 % | +10.2 % | View data | |
| 11 |
#11
South Korea
|
2,988.43 | 2019 | +2.7 % | +3.7 % | View data | |
| 12 |
#12
Spain
|
2,902.95 | 2019 | +0.8 % | +1.5 % | View data | |