South Korea - Higher Education Expenditure on R&D
Since 2014, South Korea Higher Education Expenditure on R&D increased 4.7% year on year. With $8,308.4 Million PPP in 2019, the country was ranked number 19 among other countries in Higher Education Expenditure on R&D. United States topped the ranking with $75,818.32 Million PPP in 2019, a growth of 1.5% versus 2018. Indonesia witnessed the best average annual growth at +15.6% per year, while Kazakhstan recorded the worst performance at -9.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 8,308.40 |
| 2018 | 8,096.73 |
| 2017 | 7,666.12 |
| 2016 | 7,380.61 |
| 2015 | 6,996.85 |
Download all data from 1995 to 2019
How does South Korea rank in Higher Education Expenditure on R&D?
| # | 103 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
75,818.32 | 2019 | +1.5 % | +4.0 % | View data | |
| 3 |
#3
China
|
35,120.42 | 2019 | +1.3 % | +8.0 % | View data | |
| 17 |
#17
Australia
|
8,516.10 | 2019 | +1.6 % | +4.0 % | View data | |
| 19 |
#19
South Korea
|
8,308.40 | 2019 | +2.6 % | +4.7 % | View data | |
| 21 |
#21
Turkey
|
7,627.65 | 2019 | +5.0 % | +3.4 % | View data | |