The country came in number 4 in 2023, Japan came ahead $80,620 Million PPP = 2015. The United States, Japan and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise R&D Expenditure in Manufacturing?
| # | 25 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 436,400 | 2023 | +7.68% | +8.14% | View data |
| 2 | 2 United States | 321,050 | 2023 | +3.44% | +4.31% | View data |
| 3 | 3 Japan | 116,740 | 2023 | +0.3% | -0.32% | View data |
| 4 | 4 South Korea | 80,620 | 2023 | +3.59% | +3.44% | |
| 5 | 5 Germany | 76,970 | 2023 | +1.66% | +0.41% | View data |
| 6 | 6 Taiwan | 47,400 | 2023 | +9.07% | +9.97% | View data |
