South Korea - Government Expenditure on R&D Financed by Higher Education
Since 2013, South Korea Government Expenditure on R&D Financed by Higher Education increased 12.3% year on year. With $17.64 Million PPP in 2018, the country was ranked number 5 among other countries in Government Expenditure on R&D Financed by Higher Education. South Korea is overtaken by Russia, which was ranked number 4 at $17.73 Million PPP and is followed by Luxembourg at $15.16 Million PPP. Japan topped the ranking with $52.01 Million PPP in 2018, an increase of 4.4% versus 2017. Russia witnessed the best average annual growth at +15.6% per year, while Turkey was the worst growing country at -28.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 17.64 |
| 2017 | 16.94 |
| 2016 | 16.24 |
| 2015 | 15.52 |
| 2014 | 16.36 |
Download all data from 2000 to 2018
How does South Korea rank in Government Expenditure on R&D Financed by Higher Education?
| # | 13 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
52.01 | 2018 | +4.4 % | +5.4 % | View data | |
| 2 |
#2
United Kingdom
|
22.37 | 2018 | +0.4 % | +2.0 % | View data | |
| 4 |
#4
Russia
|
17.73 | 2018 | +4.2 % | +15.6 % | View data | |
| 5 |
#5
South Korea
|
17.64 | 2018 | +4.1 % | +12.3 % | View data | |
| 6 |
#6
Luxembourg
|
15.16 | 2018 | +6.2 % | +5.4 % | View data | |