R&D spending share of GDP in South Korea

Spending on research and development in South Korea was equal to 5.13% of GDP in 2024. The value for 2024 is the highest in the series, which starts in 1998. The source marks a break in the series within this span, so values before and after it may not be fully comparable.

Measure: Research and development expenditure (Eurostat) Unit: % of GDP Data: 1998 to 2024 Source: Eurostat
South Korea, 2024 5.13% % of GDP
Change from 2023 +0.19percentage points 2023: 4.94%
European Union, 2024 2.26%e (Estimated) Official aggregate
Median of OECD (38 countries), 2024 1.90% Middle value of 28 countries
Position in 2024 1st of 35 See the full ranking

R&D spending share of GDP in South Korea over time

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South Korea European Union ×

% of GDP. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.

Research and development expenditure (Eurostat) (% of GDP), 2001 to 2024
Period South KoreaEuropean Union
2024 5.13% 2.26%e (estimated)
2023 4.94% 2.25%e (estimated)
2022 4.85% 2.22%e (estimated)
2021 4.60% 2.24%e (estimated)
2020 4.52% 2.28%e (estimated)
2019 4.36% 2.21%e (estimated)
2018 4.27% 2.17%e (estimated)
2017 4.07% 2.14%
2016 3.79% 2.10%e (estimated)
2015 3.79% 2.10%
2014 3.89% 2.09%e (estimated)
2013 3.77% 2.08%e (estimated)
2012 3.69% 2.06%e (estimated)
2011 3.44% 2.00%e (estimated)
2010 3.18% 1.96%e (estimated)
2009 3.02% 1.96%e (estimated)
2008 2.87% 1.87%e (estimated)
2007 2.76%b (break in time series) 1.79%e (estimated)
2006 2.62%d (definition differs (see metadata)) 1.80%e (estimated)
2005 2.43%d (definition differs (see metadata)) 1.78%e (estimated)
2004 2.35%d (definition differs (see metadata)) 1.79%e (estimated)
2003 2.20%d (definition differs (see metadata)) 1.82%e (estimated)
2002 2.13%d (definition differs (see metadata)) 1.83%e (estimated)
2001 2.20%d (definition differs (see metadata)) 1.82%e (estimated)

Flags: e estimated; d definition differs (see metadata); b break in time series . A dash means no value was published.

In short

  • That is a change of +0.19 percentage points from 4.94% in 2023.
  • Since 2014, when it was 3.89%, the figure has changed by +1.24 percentage points.
  • Among the 35 countries with data for 2024, South Korea has the highest value.
  • The figure for the European Union in 2024 was 2.26%.

More for South Korea

All statistics for South Korea

Source and dates

Original producer
Eurostat
Source
Eurostat, the statistical office of the European Union
Dataset or series code
rd_e_gerdtot · dataset details · view at source
Selection
freq=A sectperf=TOTAL unit=PC_GDP
Observation period
1998 to 2024 for South Korea
Provider update
3 November 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
Eurostat reuse policy (attribution)
Attribution
Source: Eurostat