South Korea - Government Budget Appropriations or Outlays for R&D in Energy
Since 2014, South Korea Government Budget Appropriations or Outlays for R&D in Energy decreased by 17.7% year on year. In 2019, the country was number 7 comparing other countries in Government Budget Appropriations or Outlays for R&D in Energy at $7,717.46 Million PPP. South Korea is overtaken by Canada, which was number 6 at $9,863.65 Million PPP and is followed by Netherlands at $7,174.58 Million PPP. Germany lead the ranking with $45,204.87 Million PPP in 2019, that is a growth of 2,055% versus 2018. Japan, France and Russia respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +246.6% per year, while Switzerland recorded the worst performance at -60.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 7,717.46 |
| 2018 | 1,374.19 |
| 2017 | 22,372.31 |
| 2016 | 22,292.62 |
| 2015 | 1,817.48 |
How does South Korea rank in Government Budget Appropriations or Outlays for R&D in Energy?
| # | 57 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
45,204.87 | 2019 | +2,055.0 % | +92.3 % | View data | |
| 2 |
#2
Japan
|
40,996.43 | 2019 | +797.8 % | +3.0 % | View data | |
| 6 |
#6
Canada
|
9,863.65 | 2019 | +5.0 % | +75.0 % | View data | |
| 7 |
#7
South Korea
|
7,717.46 | 2019 | +461.6 % | -17.7 % | View data | |
| 8 |
#8
Netherlands
|
7,174.58 | 2019 | +1.4 % | +127.2 % | View data | |