The country came in number 4 in 2023, Japan came ahead $1,290 Million PPP. The United States, Japan and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise R&D Expenditure in Manufacture of Food Products; Beverages and Tobacco Products?
| # | 24 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 15,340 | 2023 | +3.74% | +3.35% | View data |
| 2 | 2 United States | 7,310 | 2023 | +2.74% | +4.85% | View data |
| 3 | 3 Japan | 2,990 | 2023 | +2.63% | +2.98% | View data |
| 4 | 4 South Korea | 1,290 | 2023 | +5.77% | +6.47% | |
| 5 | 5 Italy | 548.55 | 2023 | +4.33% | +5.14% | View data |
| 6 | 6 Germany | 473.06 | 2023 | +1.4% | +1.52% | View data |
