The country came in number 4 in 2023, Germany came ahead €64,810 Million. Japan, Germany and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Expenditure on R&D in All Businesses?
| # | 40 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 614,600 | 2023 | +7.64% | +10.25% | View data |
| 2 | 2 China (except Hong Kong) | 286,700 | 2023 | |||
| 3 | 3 Japan | 120,490 | 2023 | +1.34% | +2% | View data |
| 4 | 4 Germany | 78,920 | 2023 | +2.27% | +1.82% | View data |
| 5 | 5 South Korea | 64,810 | 2023 | +4.11% | +4.11% | |
| 6 | 6 France | 37,760 | 2023 | +2.05% | +2.1% | View data |
| 7 | 7 United Kingdom | 32,300 | 2023 | +1.95% | +2.67% | View data |
