Home/Countries/Korea, Rep./R&D Spending (% of GDP)

Korea, Rep.R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #3 of 105
Latest Value
5.21%
2022
YoY Change
+6.1%
20212022
Global Rank
#3
of 105 countries
Maximum
5.21%
2022
Minimum
2.13%
2000
CAGR
+4.2%
23 years
Last
5.21%
Previous
4.91%
Highest
5.21%
Lowest
2.13%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20225.21%+6.1%
20214.91%+2.4%
20204.80%+3.6%
20194.63%+2.5%
20184.52%+5.2%
20174.29%+7.7%
20163.99%+0.2%
20153.98%-2.4%
20144.08%+3.2%
20133.95%+2.6%
20123.85%+7.2%
20113.59%+8.3%
20103.32%+5.4%
20093.15%+5.3%
20082.99%+4.0%
20072.87%+5.6%
20062.72%+7.8%
20052.52%+3.3%
20042.44%+7.2%
20032.28%+3.1%
20022.21%-3.1%
20012.28%+7.2%
20002.13%

Top Countries — R&D Spending (% of GDP)

#CountryValueYear
1Israel6.02%2022
2Liechtenstein5.87%2019
3Korea, Rep.5.21%2022
4United States3.59%2022
5Sweden3.41%2022
6Belgium3.41%2022
7Japan3.41%2022
8Switzerland3.31%2021
9Austria3.20%2022
10Germany3.13%2022
View all 105 countries →

About This Indicator

Definition

Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.

Methodology

Data compiled by Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://databrowser.uis.unesco.org/resources/bulk, publisher: UNESCO Institute for Statistics (UIS), date accessed: 2025-03-26, date published: 2025-02.

Source: World Bank - World Development IndicatorsView original source →