The country was number 2 in 2023, Russia came ahead $3,730 Million PPP. South Korea, Germany and Japan respectively were numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise Expenditure On R&D Financed by Government?
| # | 5 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 12,120 | 2023 | +0.0058% | +1.31% | View data |
| 2 | 2 South Korea | 3,730 | 2023 | +2.26% | +2.28% | |
| 3 | 3 Germany | 2,620 | 2023 | -0.81% | -1.05% | View data |
| 4 | 4 Japan | 1,080 | 2023 | -1.35% | -0.82% | View data |
| 5 | 5 Iceland | 33.44 | 2023 | +4.14% | +3.55% | View data |
