The country came in number 2 in 2023, Germany came ahead $3,470 Million PPP. South Korea, Poland and Italy respectively came in numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise R&D Expenditure in Research and Experimental Development on Natural Sciences and Engineering?
| # | 16 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,890 | 2023 | +7% | +8.62% | View data |
| 2 | 2 South Korea | 3,470 | 2023 | +9.78% | +34.04% | |
| 3 | 3 Poland | 2,260 | 2023 | +6.88% | +6.43% | View data |
| 4 | 4 Italy | 1,710 | 2023 | +2.1% | +3.54% | View data |
| 5 | 5 Hungary | 1,180 | 2023 | +14.81% | +6.53% | View data |
