South Korea - Government Budget Allocations for R&D in Education
Since 2014, South Korea Government Budget Allocations for R&D in Education jumped by 46.4% year on year. With $7,295.96 Million PPP in 2019, the country was ranked number 8 comparing other countries in Government Budget Allocations for R&D in Education. South Korea is overtaken by Turkey, which was number 7 with $8,513.93 Million PPP and is followed by Mexico at $5,403.62 Million PPP. United States topped the ranking with $147,945 Million PPP in 2019, a growth of 2.4% versus 2018. Germany, Japan and Russia respectively ranked number 2, 3 and 4 in this ranking. Sweden witnessed the best average annual growth at +267.6% per year, while Finland was the worst growing country at -75% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 7,295.96 |
| 2018 | 1,274.15 |
| 2017 | 22,372.31 |
| 2016 | 22,292.62 |
| 2015 | 22,032.58 |
Download all data from 1999 to 2019
How does South Korea rank in Government Budget Allocations for R&D in Education?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
147,945.00 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Germany
|
45,204.87 | 2019 | +6.3 % | +6.4 % | View data | |
| 7 |
#7
Turkey
|
8,513.93 | 2019 | +2,526.8 % | +125.9 % | View data | |
| 8 |
#8
South Korea
|
7,295.96 | 2019 | +472.6 % | +46.4 % | View data | |
| 9 |
#9
Mexico
|
5,403.62 | 2019 | -3.4 % | -5.5 % | View data | |