South Korea - Business Enterprise Expenditure On R&D Financed by Higher Education
Since 2013, South Korea Business Enterprise Expenditure On R&D Financed by Higher Education jumped by 1.3% year on year. In 2018, the country was ranked number 3 among other countries in Business Enterprise Expenditure On R&D Financed by Higher Education with $18.61 Million PPP. South Korea is overtaken by Russia, which was ranked number 2 with $25.9 Million PPP and is followed by Netherlands with $13.76 Million PPP. Japan lead the ranking with $55.19 Million PPP in 2018, +6.1% compared to 2017. Chile recorded the best 5 years average growth at +45.6% per year, while Spain witnessed the worst performance at -14.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 18.61 |
| 2017 | 18.32 |
| 2016 | 18.03 |
| 2015 | 17.73 |
| 2014 | 17.04 |
Download all data from 2000 to 2018
How does South Korea rank in Business Enterprise Expenditure On R&D Financed by Higher Education?
| # | 12 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
55.19 | 2018 | +6.1 % | +33.4 % | View data |
| 2 |
#2
Russia
|
25.90 | 2018 | +4.2 % | +0.6 % | View data |
| 3 |
#3
South Korea
|
18.61 | 2018 | +1.6 % | +1.3 % | View data |
| 4 |
#4
Netherlands
|
13.76 | 2018 | +3.5 % | -8.3 % | View data |
| 5 |
#5
Spain
|
5.41 | 2018 | +0.2 % | -14.7 % | View data |