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
Download all data from 1995 to 2019

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
Compare all 37 countries

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