IT services industry R&D expenses South Korea 2011-2022

Published by
Jang Seob Yoon,
Oct 29, 2024

The research and development (R&D) expenses of the South Korean information technology (IT) services industry amounted to around 677.8 billion South Korean won in 2022. This continued the steady growth in R&D expenses that had started in 2017.

Research and development (R&D) expenses of the IT services industry in South Korea from 2011 to 2022 (in billion South Korean won)

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Release date

March 2024

Region

South Korea

Survey time period

2011 to 2022

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.76 U.S. dollars or 0.68 euros as of October 2024. 

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