{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"research-spending-gdp","source":"UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/research-spending-gdp","title":"Research & development spending as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1996-01-01","value":2.14233},{"date":"1997-01-01","value":2.17409},{"date":"1998-01-01","value":2.03608},{"date":"1999-01-01","value":1.9446},{"date":"2000-01-01","value":2.0494},{"date":"2001-01-01","value":2.19872},{"date":"2002-01-01","value":2.13042},{"date":"2003-01-01","value":2.19657},{"date":"2004-01-01","value":2.35292},{"date":"2005-01-01","value":2.42725},{"date":"2006-01-01","value":2.61516},{"date":"2007-01-01","value":2.75895},{"date":"2008-01-01","value":2.86774},{"date":"2009-01-01","value":3.02145},{"date":"2010-01-01","value":3.17913},{"date":"2011-01-01","value":3.44409},{"date":"2012-01-01","value":3.6852},{"date":"2013-01-01","value":3.77487},{"date":"2014-01-01","value":3.88983},{"date":"2015-01-01","value":3.78907},{"date":"2016-01-01","value":3.78638},{"date":"2017-01-01","value":4.07341},{"date":"2018-01-01","value":4.27155},{"date":"2019-01-01","value":4.36379},{"date":"2020-01-01","value":4.5214},{"date":"2021-01-01","value":4.59673},{"date":"2022-01-01","value":4.84753},{"date":"2023-01-01","value":4.94352}],"summary":{"latest_period":"2023-01-01","latest_value":4.94352,"max":4.94352,"mean":3.21722,"min":1.9446,"of":116,"rank":2,"trend":"rising"}}