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R&D Expenditures (As % of GDP) in South Korea

Source: World Bank
Last Updated: February 1, 2023

R&d expenditures as a percentage of gdp reached 4.81% in 2020 in South Korea, according to World Bank. This is 4.05% more than in the previous year.

Historically, R&D expenditures as a percentage of GDP in South Korea reached an all time high of 4.81% in 2020 and an all time low of 2.02% in 1999.

South Korea has been ranked 2nd within the group of 67 countries we follow in terms of R&D expenditures as a percentage of GDP.

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