The country ranked number 2 in 2023, Japan overtook $11,540 Million PPP. South Korea, France and Taiwan respectively came in numbers 2, 3 and 4 in this ranking.
How does South Korea rank in R&D Capital Costs?
| # | 27 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 20,870 | 2023 | +2.07% | +2.75% | View data |
| 2 | 2 South Korea | 11,540 | 2023 | +3.94% | +5.36% | |
| 3 | 3 France | 8,020 | 2023 | +1.96% | +1.55% | View data |
| 4 | 4 Taiwan | 5,170 | 2023 | +4.53% | +5.64% | View data |
| 5 | 5 Italy | 3,930 | 2023 | +2.61% | +2.12% | View data |
