South Korea - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, South Korea Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors jumped by 3.8% year on year. With $882.13 Million PPP in 2019, the country was number 10 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. South Korea is overtaken by Brazil, which was number 9 with $1,127.87 Million PPP and is followed by Italy with $809.53 Million PPP. United States topped the ranking with $43,853.06 Million PPP in 2019, +2.4% versus 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +60.9% per year, while Costa Rica recorded the worst performance at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 882.13 |
| 2018 | 871.62 |
| 2017 | 839.62 |
| 2016 | 775.68 |
| 2015 | 799.46 |
How does South Korea rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 9 |
#9
Brazil
|
1,127.87 | 2019 | +3.9 % | +5.0 % | View data | |
| 10 |
#10
South Korea
|
882.13 | 2019 | +1.2 % | +3.8 % | View data | |
| 11 |
#11
Italy
|
809.53 | 2019 | +2.6 % | -5.2 % | View data | |