South Korea - Renewable Energy Public R&D Budget
Since 2014, South Korea Renewable Energy Public R&D Budget grew 3.4points year on year. In 2019, the country was number 9 among other countries in Renewable Energy Public R&D Budget at 29.52 Percent of Energy Public R&D Expenditure. South Korea is overtaken by Switzerland, which was ranked number 8 with 31.16 Percent of Energy Public R&D Expenditure and is followed by Poland at 23.64 Percent of Energy Public R&D Expenditure. Spain ranked the highest with 56.55 Percent of Energy Public R&D Expenditure in 2019, that is a fall of 10.1points compared to 2018. Ireland, Norway and Netherlands respectively ranked number 2, 3 and 4 in this ranking. Norway witnessed the best average annual growth at +27.8points per year, while Hungary was the worst growing country at -61.3points per year.
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| Date | Percent of Energy Public R&D Expenditure |
|---|---|
| 2019 | 29.52 |
| 2018 | 24.84 |
| 2017 | 24.35 |
| 2016 | 26.29 |
| 2015 | 23.19 |
How does South Korea rank in Renewable Energy Public R&D Budget?
| # | 28 Countries | Percent of Energy Public R&D Expenditure | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Spain
|
56.55 % | 2019 | -10.1 % | -0.7 % | View data | |
| 2 |
#2
Ireland
|
47.29 % | 2019 | +4.3 % | -6.7 % | View data | |
| 8 |
#8
Switzerland
|
31.16 % | 2019 | +0.0 % | +1.9 % | View data | |
| 9 |
#9
South Korea
|
29.52 % | 2019 | +18.8 % | +3.4 % | View data | |
| 10 |
#10
Poland
|
23.64 % | 2019 | -19.7 % | +8.7 % | View data | |