The country came in number 2 in 2023, Japan came ahead $94,910 Million PPP = 2015. South Korea, Germany and the United Kingdom respectively ranked numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise Expenditure on R&D in All Fields?
| # | 27 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 138,060 | 2023 | +1.05% | +0.14% | View data |
| 2 | 2 South Korea | 94,910 | 2023 | +4.25% | +4.37% | |
| 3 | 3 Germany | 88,580 | 2023 | +1.14% | +0.058% | View data |
| 4 | 4 United Kingdom | 63,060 | 2023 | +3.01% | +2.37% | View data |
| 5 | 5 Taiwan | 53,530 | 2023 | +10.28% | +10.53% | View data |
