South Korea - Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry
Since 2014, South Korea Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry jumped by 3.2% year on year. In 2019, the country was ranked number 3 comparing other countries in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry at $35,562.34 PPP. South Korea is overtaken by China, which was ranked number 2 at $67,545.03 PPP and is followed by Taiwan at $26,029.24 PPP. United States ranked the highest with $82,180.12 PPP in 2019, a growth of 2.3% compared to 2018. Turkey witnessed the best average annual growth at +52.4% per year, while Sweden witnessed the worst performance at -29.2% per year.
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| Date | US Dollars PPP |
|---|---|
| 2019 | 35,562.34 |
| 2018 | 34,289.30 |
| 2017 | 32,990.27 |
| 2016 | 31,664.73 |
| 2015 | 29,892.62 |
Download all data from 1995 to 2019
How does South Korea rank in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry?
| # | 35 Countries | US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
82,180.12 | 2019 | +2.3 % | +2.1 % | View data |
| 2 |
#2
China
|
67,545.03 | 2019 | +4.6 % | +8.6 % | View data |
| 3 |
#3
South Korea
|
35,562.34 | 2019 | +3.7 % | +3.2 % | View data |
| 4 |
#4
Taiwan
|
26,029.24 | 2019 | +1.6 % | +7.3 % | View data |
| 5 |
#5
Japan
|
25,702.30 | 2019 | -2.9 % | -1.7 % | View data |