The country was number 3 in 2023, Germany overtook $105,240 Million PPP. Germany, South Korea 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 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 143,960 | 2023 | +1.61% | +1.05% | View data |
| 2 | 2 Germany | 109,100 | 2023 | +2.93% | +2.16% | View data |
| 3 | 3 South Korea | 105,100 | 2023 | +5.29% | +5.5% | |
| 4 | 4 United Kingdom | 76,230 | 2023 | +4.71% | +5.04% | View data |
| 5 | 5 Taiwan | 60,580 | 2023 | +12.82% | +13.33% | View data |
