South Korea - Defence Budget on R&D
Since 2014, South Korea Defence Budget on R&D was up 2.9points year on year. In 2019, the country was number 3 comparing other countries in Defence Budget on R&D at 15.52 Percent of Total GBARD. South Korea is overtaken by Turkey, which was ranked number 2 at 20.78 Percent of Total GBARD and is followed by United Kingdom with 14.14 Percent of Total GBARD. United States lead the ranking with 46.66 Percent of Total GBARD in 2019, that is a decrease of 0.1points compared to 2018. Greece witnessed the best average annual growth at +65.5points per year, while Switzerland witnessed the worst performance at -18.9points per year.
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| Date | Percent of Total GBARD |
|---|---|
| 2019 | 15.52 |
| 2018 | 15.81 |
| 2017 | 15.00 |
| 2016 | 14.01 |
| 2015 | 13.48 |
Download all data from 1999 to 2019
How does South Korea rank in Defence Budget on R&D?
| # | 34 Countries | Percent of Total GBARD | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
46.66 % | 2019 | -0.1 % | +2.6 % | View data |
| 2 |
#2
Turkey
|
20.78 % | 2020 | +11.0 % | +14.2 % | View data |
| 3 |
#3
South Korea
|
15.52 % | 2019 | -1.8 % | +2.9 % | View data |
| 4 |
#4
United Kingdom
|
14.14 % | 2019 | +0.0 % | -3.5 % | View data |
| 5 |
#5
Taiwan
|
9.83 % | 2019 | +41.3 % | +30.8 % | View data |