Euro area vs South Korea: Research and development expenditure
Euro area
2.3%
in 2023
South Korea
4.9%
in 2023
Euro area rank
1st
South Korea rank
2nd
Research and development expenditure over time
- Euro area
- South Korea
How they compare
South Korea currently reports 4.9% against 2.3% in Euro area, a difference of 2.6%.
That makes South Korea's figure about 2.2 times Euro area's.
Across all 28 years both countries report, South Korea has been ahead every year.
Euro area ranks 1st and South Korea ranks 2nd of 2 groups.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Euro area | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.7% | 2.1% | 0.3% | South Korea |
| 2000s | 1.8% | 2.5% | 0.6% | South Korea |
| 2010s | 2.1% | 3.8% | 1.7% | South Korea |
| 2020s | 2.3% | 4.7% | 2.5% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher research and development expenditure, Euro area or South Korea?
- South Korea, at 4.9% against 2.3% in Euro area as of 2023.
- What is the difference in research and development expenditure between Euro area and South Korea?
- 2.6%, with South Korea ahead.
- How many years of comparable data are there for Euro area and South Korea?
- 28 years are reported by both, from 1996 to 2023.
- How do Euro area and South Korea rank globally for research and development expenditure?
- Euro area ranks 1st and South Korea ranks 2nd of 2 groups.
- Where does this data come from?
- Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as Research and development expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.