South Korea - Higher Education Expenditure on R&D Financed by Government
Since 2014, South Korea Higher Education Expenditure on R&D Financed by Government increased 4% year on year. In 2019, the country was number 10 comparing other countries in Higher Education Expenditure on R&D Financed by Government with $6,439.73 Million PPP. South Korea is overtaken by Canada, which was ranked number 9 at $6,672.91 Million PPP and is followed by Egypt at $5,339.45 Million PPP. United States lead the ranking with $41,729.49 Million PPP in 2019, +0.9% versus 2018. China, Germany and France respectively ranked number 2, 3 and 4 in this ranking. Malaysia recorded the best 5 years average growth at +29.3% per year, while Kazakhstan was the worst growing country at -14.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 6,439.73 |
| 2018 | 6,258.07 |
| 2017 | 5,952.46 |
| 2016 | 5,816.56 |
| 2015 | 5,540.81 |
How does South Korea rank in Higher Education Expenditure on R&D Financed by Government?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
41,729.49 | 2019 | +0.9 % | +2.5 % | View data | |
| 2 |
#2
China
|
23,196.24 | 2019 | +0.3 % | +10.2 % | View data | |
| 9 |
#9
Canada
|
6,672.91 | 2019 | +1.4 % | +2.8 % | View data | |
| 10 |
#10
South Korea
|
6,439.73 | 2019 | +2.9 % | +4.0 % | View data | |
| 11 |
#11
Egypt
|
5,339.45 | 2019 | -4.5 % | +8.7 % | View data | |