In 2022, South Korea's research and development (R&D) spending accounted for 5.21 percent of its gross domestic product (GDP). The share of R&D spending in GDP has increased steadily in recent years. During the considered period, South Korea's allocated R&D spending relative to its GDP has been higher than in countries like the US, Japan, or Germany.
Research and development spending as a share of gross domestic product (GDP) in South Korea from 2015 to 2022
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Korea Institute of S&T Evaluation and Planning. (February 22, 2024). Research and development spending as a share of gross domestic product (GDP) in South Korea from 2015 to 2022 [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1326558/south-korea-randd-spending-as-share-of-gdp/
Korea Institute of S&T Evaluation and Planning. "Research and development spending as a share of gross domestic product (GDP) in South Korea from 2015 to 2022." Chart. February 22, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1326558/south-korea-randd-spending-as-share-of-gdp/
Korea Institute of S&T Evaluation and Planning. (2024). Research and development spending as a share of gross domestic product (GDP) in South Korea from 2015 to 2022. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1326558/south-korea-randd-spending-as-share-of-gdp/
Korea Institute of S&T Evaluation and Planning. "Research and Development Spending as a Share of Gross Domestic Product (Gdp) in South Korea from 2015 to 2022." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1326558/south-korea-randd-spending-as-share-of-gdp/
Korea Institute of S&T Evaluation and Planning, Research and development spending as a share of gross domestic product (GDP) in South Korea from 2015 to 2022 Statista, https://www.statista.com/statistics/1326558/south-korea-randd-spending-as-share-of-gdp/ (last visited November 24, 2024)
Research and development spending as a share of gross domestic product (GDP) in South Korea from 2015 to 2022 [Graph], Korea Institute of S&T Evaluation and Planning, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1326558/south-korea-randd-spending-as-share-of-gdp/
