South Korea - Gross Domestic Expenditure on R&D Financed by Higher Education
Since 2014, South Korea Gross Domestic Expenditure on R&D Financed by Higher Education increased 3.5% year on year. At $569.38 Million PPP in 2019, the country was number 7 among other countries in Gross Domestic Expenditure on R&D Financed by Higher Education. South Korea is overtaken by Spain, which was number 6 at $1,003.51 Million PPP and is followed by Belgium at $467.57 Million PPP. United States lead the ranking with $21,605.11 Million PPP in 2019, a growth of 2.3% versus 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +83.3% per year, while Israel recorded the worst performance at -10% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 569.38 |
2018 | 566.65 |
2017 | 531.91 |
2016 | 517.11 |
2015 | 495.35 |
How does South Korea rank in Gross Domestic Expenditure on R&D Financed by Higher Education?
# | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
21,605.11 | 2019 | +2.3 % | +5.9 % | View data | |
2 |
#2
Japan
|
8,846.07 | 2019 | +1.2 % | -1.2 % | View data | |
6 |
#6
Spain
|
1,003.51 | 2019 | +2.8 % | +4.5 % | View data | |
7 |
#7
South Korea
|
569.38 | 2019 | +0.5 % | +3.5 % | View data | |
8 |
#8
Belgium
|
467.57 | 2019 | +5.1 % | NA | View data |