South Korea - Higher Education Expenditure on R&D Financed by Higher Education
Since 2013, South Korea Higher Education Expenditure on R&D Financed by Higher Education decreased by 0.6% year on year. At $452.07 Million PPP in 2018, the country was ranked number 7 among other countries in Higher Education Expenditure on R&D Financed by Higher Education. South Korea is overtaken by Russia, which was ranked number 6 at $469.64 Million PPP and is followed by Poland at $214.18 Million PPP. Japan lead the ranking with $9,768.01 Million PPP in 2018, an increase of 1.4% versus 2017. Turkey, Canada and Spain respectively ranked number 2, 3 and 4 in this ranking. Estonia recorded the best 5 years average growth at +24.3% per year, while Chile was the worst growing country at -3.8% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 452.07 |
| 2017 | 449.13 |
| 2016 | 446.13 |
| 2015 | 443.07 |
| 2014 | 440.67 |
How does South Korea rank in Higher Education Expenditure on R&D Financed by Higher Education?
| # | 16 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
9,768.01 | 2018 | +1.4 % | +0.7 % | View data | |
| 2 |
#2
Turkey
|
3,242.30 | 2018 | +3.3 % | +3.0 % | View data | |
| 6 |
#6
Russia
|
469.64 | 2018 | +5.1 % | +6.3 % | View data | |
| 7 |
#7
South Korea
|
452.07 | 2018 | +0.7 % | -0.6 % | View data | |
| 8 |
#8
Poland
|
214.18 | 2018 | +3.1 % | +5.5 % | View data | |