South Korea - Higher Education Expenditure on R&D Financed by Industry
Since 2014, South Korea Higher Education Expenditure on R&D Financed by Industry jumped by 9.6% year on year. In 2019, the country was ranked number 5 among other countries in Higher Education Expenditure on R&D Financed by Industry at $1,172.05 Million PPP. South Korea is overtaken by Russia, which was ranked number 4 at $1,192.14 Million PPP and is followed by Canada with $955.47 Million PPP. China topped the ranking with $11,182.38 Million PPP in 2019, a growth of 2.5% versus 2018. Italy recorded the best 5 years average growth at +34% per year, while Iceland recorded the worst performance at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,172.05 |
| 2018 | 1,153.90 |
| 2017 | 1,050.70 |
| 2016 | 929.17 |
| 2015 | 863.87 |
Download all data from 1995 to 2019
How does South Korea rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 4 |
#4
Russia
|
1,192.14 | 2019 | +2.1 % | +2.1 % | View data | |
| 5 |
#5
South Korea
|
1,172.05 | 2019 | +1.6 % | +9.6 % | View data | |
| 6 |
#6
Canada
|
955.47 | 2019 | +0.6 % | +3.3 % | View data | |