South Korea: R&D (research and development) expenditure

(measure: percent; source: The United Nations)

South Korea: Research and development expenditure, percent of GDP

: For that indicator, The United Nations provides data for South Korea from 1996 to 2015. The average value for South Korea during that period was 2.96 percent with a minumum of 2.06 percent in 1999 and a maximum of 4.28 percent in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The expenditure for R&D on the charts includes both private and public spending on research and development.

Definition: Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development.