GERD by sector of performance and fields of R&D in South Korea
South Korea: GERD by sector of performance and fields of R&D was 84,278 Million euro in 2023. ◆ Volatile
Latest (2023)
84,278 Million euro
Change on year
up 1.6%
World rank
5th
of 52 countries
All-time high
84,278 Million euro
in 2023
All-time low
7,241 Million euro
in 1998
Years of data
26
1998–2023
GERD by sector of performance and fields of R&D in South Korea, 1998–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gerd by sector of performance and fields of r&d in South Korea stood at 84,278 Million euro. That is the highest value across all 26 years on record.
That represents a change of up 1.6% on the previous year and up 106.6% over ten years.
Over the whole period, gerd by sector of performance and fields of r&d in South Korea peaked at 84,278 Million euro in 2023 and was at its lowest, 7,241 Million euro, in 1998.
That places South Korea 5th out of 52 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GERD by sector of performance and fields of R&D in South Korea, year by year
| Year | Million euro | Change |
|---|---|---|
| 1998 | 7,241 Million euro | — |
| 1999 | 9,408 Million euro | +29.9% |
| 2000 | 13,271 Million euro | +41.1% |
| 2001 | 13,951 Million euro | +5.1% |
| 2002 | 14,738 Million euro | +5.6% |
| 2003 | 14,158 Million euro | -3.9% |
| 2004 | 15,595 Million euro | +10.2% |
| 2005 | 18,966 Million euro | +21.6% |
| 2006 | 22,815 Million euro | +20.3% |
| 2007 | 24,589 Million euro | +7.8% |
| 2008 | 21,480 Million euro | -12.6% |
| 2009 | 21,394 Million euro | -0.4% |
| 2010 | 28,629 Million euro | +33.8% |
| 2011 | 32,370 Million euro | +13.1% |
| 2012 | 38,302 Million euro | +18.3% |
| 2013 | 40,787 Million euro | +6.5% |
| 2014 | 45,585 Million euro | +11.8% |
| 2015 | 52,493 Million euro | +15.2% |
| 2016 | 54,047 Million euro | +3.0% |
| 2017 | 61,711 Million euro | +14.2% |
| 2018 | 65,992 Million euro | +6.9% |
| 2019 | 68,219 Million euro | +3.4% |
| 2020 | 69,168 Million euro | +1.4% |
| 2021 | 75,429 Million euro | +9.1% |
| 2022 | 82,946 Million euro | +10.0% |
| 2023 | 84,278 Million euro | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,324 Million euro | 7,241 Million euro | 9,408 Million euro | 2 |
| 2000s | 18,096 Million euro | 13,271 Million euro | 24,589 Million euro | 10 |
| 2010s | 48,814 Million euro | 28,629 Million euro | 68,219 Million euro | 10 |
| 2020s | 77,955 Million euro | 69,168 Million euro | 84,278 Million euro | 4 |
Countries ranked near South Korea
- 3 Germany 135,570 Million euro compare
- 4 Japan 134,017 Million euro compare
- 5 Republic of Korea 84,278 Million euro compare
- 7 France 63,600 Million euro compare
- 8 United Kingdom of Great Britain and Northern Ireland 44,366 Million euro compare
- 8 United Kingdom 44,366 Million euro compare
More science & technology data for South Korea
- GERD by sector of performance and type of R&D 84,278 Million euro (2023)
- R&D personnel by sector of performance, professional position and sex 610,824 Full-time equivalent (FTE) (2023)
- R&D personnel and researchers by sector of performance, fields of R&D 610,824 Full-time equivalent (FTE) (2023)
- Patent applications to the EPO by priority year 6,423 Number (2014)
- Researchers by sector of performance, age class and sex 603,566 Head count (2023)
- Researchers by sector of performance, country of citizenship and sex 603,566 Head count (2023)
- Share of female researchers by sector of performance 23.7% (2023)
- Co-patenting at the EPO according to applicants'/inventors' country 5,837 Number (2013)
- Patents related to recycling and secondary raw materials 1,154 Number (2021)
- Patent applications to the EPO by priority year by international 464.08 Number (2013)
Frequently asked questions
- What is gerd by sector of performance and fields of r&d in South Korea?
- Gerd by sector of performance and fields of r&d in South Korea was 84,278 Million euro in 2023, according to Eurostat.
- What is the highest gerd by sector of performance and fields of r&d recorded in South Korea?
- The highest recorded value was 84,278 Million euro in 2023.
- What is the lowest gerd by sector of performance and fields of r&d recorded in South Korea?
- The lowest recorded value was 7,241 Million euro in 1998.
- How does South Korea rank for gerd by sector of performance and fields of r&d?
- South Korea ranks 5th out of 52 countries with data for 2023.
- Is gerd by sector of performance and fields of r&d rising or falling in South Korea?
- Over the last ten years it is up 106.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and fields of R&D. Statizoid updates them automatically from the source API.
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