In 2022, the total expenditure on research and development (R&D) in both the public and private sectors in South Korea reached over 112.6 trillion South Korean won, up from roughly 102 trillion won in the previous year. South Korea's R&D spending has grown steadily over the past few years. According to the source, the ratio of R&D spending to gross domestic product (GDP) has also increased, from about 4.9 percent to 5.2 percent in 2022.
Total amount of expenditure on research and development (R&D) in South Korea from 2010 to 2022
(in trillion South Korean won)
Characteristic
R&D expenditure in trillion South Korean won
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KOSIS. (April 26, 2024). Total amount of expenditure on research and development (R&D) in South Korea from 2010 to 2022 (in trillion South Korean won) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1228017/south-korea-expenditure-for-rnd/
KOSIS. "Total amount of expenditure on research and development (R&D) in South Korea from 2010 to 2022 (in trillion South Korean won)." Chart. April 26, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1228017/south-korea-expenditure-for-rnd/
KOSIS. (2024). Total amount of expenditure on research and development (R&D) in South Korea from 2010 to 2022 (in trillion South Korean won). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1228017/south-korea-expenditure-for-rnd/
KOSIS. "Total Amount of Expenditure on Research and Development (R&d) in South Korea from 2010 to 2022 (in Trillion South Korean Won)." Statista, Statista Inc., 26 Apr 2024, https://www.statista.com/statistics/1228017/south-korea-expenditure-for-rnd/
KOSIS, Total amount of expenditure on research and development (R&D) in South Korea from 2010 to 2022 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1228017/south-korea-expenditure-for-rnd/ (last visited July 22, 2024)
Total amount of expenditure on research and development (R&D) in South Korea from 2010 to 2022 (in trillion South Korean won) [Graph], KOSIS, April 26, 2024. [Online]. Available: https://www.statista.com/statistics/1228017/south-korea-expenditure-for-rnd/