R&D spending share of GDP in South Korea
Spending on research and development in South Korea was equal to 4.94% of GDP in 2023. The value for 2023 is the highest in the series, which starts in 1996.
South Korea, 2023
4.94%
Change from 2022
+0.10percentage points
World, 2023
2.60%
Median of OECD (38 countries), 2023
1.84%
Position in 2023
3rd of 84
R&D spending share of GDP in South Korea over time
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South Korea
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | South Korea | World |
|---|---|---|
| 2023 | 4.94% | 2.60% |
| 2022 | 4.85% | 2.57% |
| 2021 | 4.60% | 2.52% |
| 2020 | 4.52% | 2.46% |
| 2019 | 4.36% | 2.26% |
| 2018 | 4.27% | 2.22% |
| 2017 | 4.07% | 2.14% |
| 2016 | 3.79% | 2.15% |
| 2015 | 3.79% | 2.10% |
| 2014 | 3.89% | 2.09% |
| 2013 | 3.77% | 1.98% |
| 2012 | 3.69% | 2.01% |
| 2011 | 3.44% | 1.98% |
| 2010 | 3.18% | 2.00% |
| 2009 | 3.02% | 2.01% |
| 2008 | 2.87% | 1.98% |
| 2007 | 2.76% | 1.92% |
| 2006 | 2.62% | 1.96% |
| 2005 | 2.43% | 1.95% |
| 2004 | 2.35% | 1.97% |
| 2003 | 2.20% | 2.02% |
| 2002 | 2.13% | 2.03% |
| 2001 | 2.20% | 2.06% |
| 2000 | 2.05% | 2.05% |
A dash means no value was published for that period.
In short
- That is a change of +0.10 percentage points from 4.85% in 2022.
- Since 2013, when it was 3.77%, the figure has changed by +1.17 percentage points.
- Among the 84 countries with data for 2023, South Korea has the 3rd highest value.
- The figure for the world in 2023 was 2.60%.