South Korea - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, South Korea Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors was up 4.3% year on year. With $642.62 Million PPP in 2019, the country was ranked number 15 comparing other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. South Korea is overtaken by Thailand, which was number 14 with $695.46 Million PPP and is followed by Poland at $572.06 Million PPP. United States topped the ranking with $28,656.74 Million PPP in 2019, an increase of 2.1% versus 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +81.6% per year, while Malaysia witnessed the worst performance at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 642.62 |
| 2018 | 632.89 |
| 2017 | 617.91 |
| 2016 | 577.77 |
| 2015 | 534.90 |
How does South Korea rank in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 104 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
28,656.74 | 2019 | +2.1 % | +6.1 % | View data | |
| 2 |
#2
Japan
|
9,027.62 | 2019 | +1.3 % | -1.0 % | View data | |
| 14 |
#14
Thailand
|
695.46 | 2017 | -3.5 % | NA | View data | |
| 15 |
#15
South Korea
|
642.62 | 2019 | +1.5 % | +4.3 % | View data | |
| 16 |
#16
Poland
|
572.06 | 2019 | -7.5 % | +23.5 % | View data | |