The country was number 2 in 2023, the United States overtook $496.71 Million PPP. South Korea, Italy and Portugal respectively ranked numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise R&D Expenditure in Information Service Activities?
| # | 19 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 60,540 | 2023 | +10.43% | +21.04% | View data |
| 2 | 2 South Korea | 496.71 | 2023 | +10.62% | +12.75% | |
| 3 | 3 Italy | 172.52 | 2023 | +1.83% | +4.46% | View data |
| 4 | 4 Portugal | 151.78 | 2023 | +16.52% | +23.38% | View data |
| 5 | 5 Spain | 146.78 | 2023 | +4.78% | +8.04% | View data |
