South Korea - Gross Domestic Expenditure on R&D Performed by the Higher Education Sector

Since 2014, South Korea Gross Domestic Expenditure on R&D Performed by the Higher Education Sector was down by 2points year on year. In 2019, the country was ranked number 43 among other countries in Gross Domestic Expenditure on R&D Performed by the Higher Education Sector with 8.17 Percent. South Korea is overtaken by Taiwan, which was ranked number 42 with 8.66 Percent and is followed by China with 7.18 Percent. Mexico ranked the highest with 52.21 Percent in 2019, +3.3points versus 2018. Latvia, Chile and Estonia respectively ranked number 2, 3 and 4 in this ranking. Luxembourg witnessed the best average annual growth at +5.6points per year, while Romania was the worst growing country at -9.2points per year.

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Date Percent
2019 8.17
2018 8.22
2017 8.48
2016 9.13
2015 9.09
Download all data from 1995 to 2019

How does South Korea rank in Gross Domestic Expenditure on R&D Performed by the Higher Education Sector?

# 44 Countries Percent Last YoY 5‑years CAGR
1 #1
Mexico
52.21 % 2019 +3.3 % +1.4 % View data
2 #2
Latvia
51.45 % 2019 -1.7 % +4.9 % View data
42 #42
Taiwan
8.66 % 2019 -2.6 % -3.6 % View data
43 #43
South Korea
8.17 % 2019 -0.6 % -2.0 % View data
44 #44
China
7.18 % 2019 -3.1 % +0.8 % View data
Compare all 44 countries

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