South Korea - Business Enterprise Expenditures on R&D Performed in Aerospace
Since 2014, South Korea Business Enterprise Expenditures on R&D Performed in Aerospace grew 28.2points year on year. In 2019, the country was number 12 comparing other countries in Business Enterprise Expenditures on R&D Performed in Aerospace at 0.52 Percent. South Korea is overtaken by Japan, which was number 11 at 0.64 Percent and is followed by Romania with 0.22 Percent. Italy ranked the highest with 8.24 Percent in 2019, a decrease of 0.1points compared to 2018. France, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. South Korea witnessed the best average annual growth at +28.2points per year, while Iceland witnessed the worst performance at -100points per year.
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| Date | Percent |
|---|---|
| 2019 | 0.52 |
| 2018 | 0.52 |
| 2017 | 0.55 |
| 2016 | 0.70 |
| 2015 | 0.46 |
How does South Korea rank in Business Enterprise Expenditures on R&D Performed in Aerospace?
| # | 17 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Italy
|
8.24 % | 2019 | -0.1 % | +5.5 % | View data | |
| 2 |
#2
France
|
7.93 % | 2019 | -2.1 % | -5.0 % | View data | |
| 11 |
#11
Japan
|
0.64 % | 2019 | +10.2 % | +11.9 % | View data | |
| 12 |
#12
South Korea
|
0.52 % | 2019 | +0.4 % | +28.2 % | View data | |
| 13 |
#13
Romania
|
0.22 % | 2019 | -8.8 % | -28.7 % | View data | |