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Korea - R&D Spending 2016

Name: Korea R&D Spending 2016
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Research and development expenditure as % of GDP · World Bank

3.99% +0.01% from 2015 Global rank: 2nd

Korea's r&d spending was 3.99% in 2016, increased +0.01% from 3.98% in 2015. This was the 2nd highest globally.

Global Ranking - 2016▾

R&D Spending by Country - 2016
Rank	Country	Value	YoY
1st	Israel	4.59%	6.7%
2nd	Korea	3.99%	0.2%
3rd	Sweden	3.25%	0.9%
4th	Austria	3.12%	2.2%
5th	Japan	3.11%	-4.1%
6th	Denmark	3.09%	1.2%
7th	Germany	2.94%	0.2%
8th	United States	2.84%	2.3%
9th	Finland	2.72%	-5.1%
10th	Belgium	2.52%	3.9%
11th	United Kingdom	2.32%	2.0%
12th	France	2.22%	-0.2%
13th	Netherlands	2.15%	0.2%
14th	European Union	2.12%	0.0%
15th	Iceland	2.11%	-3.3%
16th	China	2.10%	2.1%
17th	Singapore	2.07%	-4.7%
18th	Norway	2.03%	5.7%
19th	Slovenia	2.01%	-8.6%
20th	Canada	1.73%	2.1%
21st	Czechia	1.67%	-12.9%
22nd	Malaysia	1.42%	10.6%
23rd	Italy	1.37%	2.1%
24th	Brazil	1.29%	-6.2%
25th	Portugal	1.28%	3.0%
26th	Luxembourg	1.27%	1.2%
27th	Estonia	1.24%	-15.3%
28th	Spain	1.19%	-2.6%
29th	Hungary	1.18%	-11.9%
30th	Ireland	1.18%	-0.2%
31st	Türkiye	1.12%	15.8%
32nd	Russian Federation	1.10%	0.1%
33rd	Greece	1.01%	4.1%
34th	Poland	0.97%	-3.6%
35th	United Arab Emirates	0.93%	7.6%
36th	Croatia	0.84%	2.5%
37th	Lithuania	0.84%	-19.3%
38th	Serbia	0.84%	3.4%
39th	Hong Kong SAR, China	0.79%	3.9%
40th	Slovak Republic	0.79%	-31.9%
41st	Thailand	0.78%	26.3%
42nd	Bulgaria	0.77%	-18.9%
43rd	South Africa	0.75%	2.5%
44th	Egypt, Arab Republic of	0.71%	-1.4%
45th	Jordan	0.70%	65.0%
46th	India	0.67%	-3.4%
47th	Rwanda	0.65%	-
48th	Tunisia	0.57%	-4.8%
49th	Argentina	0.56%	-10.4%
50th	Malta	0.56%	-22.1%
51st	Cyprus	0.52%	9.3%
52nd	Belarus	0.50%	0.1%
53rd	Romania	0.49%	0.1%
54th	Ukraine	0.48%	-21.4%
55th	Costa Rica	0.44%	1.5%
56th	North Macedonia	0.44%	-1.9%
57th	Latvia	0.44%	-29.7%
58th	Mexico	0.38%	-9.3%
59th	Uruguay	0.37%	6.5%
60th	Chile	0.37%	-3.1%
61st	Cuba	0.34%	-20.1%
62nd	Montenegro	0.32%	-13.2%
63rd	Chad	0.30%	-
64th	Georgia	0.28%	-4.7%
65th	Moldova	0.28%	-8.9%
66th	Colombia	0.27%	-26.0%
67th	Indonesia	0.25%	189.7%
68th	Macao SAR, China	0.23%	72.1%
69th	Armenia	0.23%	-6.8%
70th	Oman	0.23%	3.8%
71st	Bosnia and Herzegovina	0.21%	-1.2%
72nd	Azerbaijan	0.21%	-7.2%
73rd	Seychelles	0.20%	-29.0%
74th	Mongolia	0.18%	17.3%
75th	Uzbekistan	0.17%	4.5%
76th	Turkmenistan	0.16%	45.5%
77th	El Salvador	0.14%	1.0%
78th	Kazakhstan	0.14%	-16.4%
79th	Panama	0.13%	23.2%
80th	Sri Lanka	0.12%	16.9%
81st	Peru	0.12%	2.6%
82nd	Paraguay	0.12%	20.7%
83rd	Kyrgyz Republic	0.11%	-6.6%
84th	Tajikistan	0.11%	2.7%
85th	Trinidad and Tobago	0.09%	7.9%
86th	Kuwait	0.08%	-17.3%
87th	Côte d'Ivoire	0.07%	-
88th	Iraq	0.04%	-7.0%
89th	Angola	0.03%	-
90th	Papua New Guinea	0.03%	-
91st	Guatemala	0.02%	-24.6%
92nd	Madagascar	0.01%	-4.3%

FAQ

What was Korea's r&d spending in 2016?▾

Korea's r&d spending in 2016 was 3.99%. This ranked 2nd globally.

How did Korea's r&d spending change in 2016?▾

Korea's r&d spending increased by 0.2% in 2016 compared to 2015.

Which country had the highest r&d spending in 2016?▾

Israel had the highest r&d spending in 2016 at 4.59%.

What is the r&d spending of Korea in 2016?▾

The r&d spending of Korea in 2016 was 3.99%. This ranked 2nd globally.

How does 2016 compare to 2015 for Korea's r&d spending?▾

Korea's r&d spending went from 3.98% in 2015 to 3.99% in 2016, a 0.2% increase.

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