South Korea - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry

Since 2014, South Korea Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry increased 3.2% year on year. With $35,562.34 Million PPP in 2019, the country was ranked number 3 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. South Korea is overtaken by China, which was ranked number 2 with $67,545.03 Million PPP and is followed by Taiwan at $26,029.24 Million PPP. United States topped the ranking with $82,180.12 Million PPP in 2019, a growth of 2.3% compared to 2018. Turkey witnessed the best average annual growth at +52.4% per year, while Sweden was the worst growing country at -29.2% per year.

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Date Million US Dollars PPP
2019 35,562.34
2018 34,289.30
2017 32,990.27
2016 31,664.73
2015 29,892.62
Download all data from 1995 to 2019

How does South Korea rank in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry?

# 35 Countries Million US Dollars PPP Last YoY 5‑years CAGR
1 #1
United States
82,180.12 2019 +2.3 % +2.1 % View data
2 #2
China
67,545.03 2019 +4.6 % +8.6 % View data
3 #3
South Korea
35,562.34 2019 +3.7 % +3.2 % View data
4 #4
Taiwan
26,029.24 2019 +1.6 % +7.3 % View data
5 #5
Japan
25,702.30 2019 -2.9 % -1.7 % View data
Compare all 35 countries

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