The country came in number 5 in 2023, Japan came ahead $13,270 Million PPP. Israel, Germany and Japan respectively were numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise R&D Expenditure in Services?
| # | 18 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 52,740 | 2021 | View data | ||
| 2 | 2 Israel | 20,140 | 2023 | +7.41% | +11.11% | View data |
| 3 | 3 Germany | 17,060 | 2021 | +10.6% | View data | |
| 4 | 4 Japan | 16,600 | 2023 | +7.96% | +0.26% | View data |
| 5 | 5 South Korea | 13,210 | 2023 | +6.65% | +12.72% | |
| 6 | 6 Spain | 7,990 | 2021 | +9.85% | View data | |
| 7 | 7 Italy | 6,860 | 2021 | View data | ||
