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.
South Korea, 2024
5.13%
Change from 2023
+0.19percentage points
European Union, 2024
2.26%e (Estimated)
Median of OECD (38 countries), 2024
1.90%
Position in 2024
1st of 35
R&D spending share of GDP in South Korea over time
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South Korea
European Union
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The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
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%.