Euro area – 20 countries (2023-2025) vs South Korea: Business enterprise R&D expenditure in high-tech sectors by NACE Rev.

Euro area – 20 countries (2023-2025)
231,265 Million euro
in 2024
South Korea
66,741 Million euro
in 2023
Euro area – 20 countries (2023-2025) rank
4th
South Korea rank
5th

Business enterprise R&D expenditure in high-tech sectors by NACE Rev. over time

  • Euro area – 20 countries (2023-2025)
  • South Korea
050.0k100.0k150.0k200.0k250.0k200520142024

How they compare

Euro area – 20 countries (2023-2025) currently reports 231,265 Million euro against 66,741 Million euro in South Korea, a difference of 164,524 Million euro.

That makes Euro area – 20 countries (2023-2025)'s figure about 3.5 times South Korea's.

Across all 19 years both countries report, Euro area – 20 countries (2023-2025) has been ahead every year.

Euro area – 20 countries (2023-2025) ranks 4th and South Korea ranks 5th of 4 regions.

Euro area – 20 countries (2023-2025) has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Euro area – 20 countries (2023-2025) South Korea Difference Ahead
2000s 106,781 Million euro 16,605 Million euro 90,176 Million euro Euro area – 20 countries (2023-2025)
2010s 146,437 Million euro 38,321 Million euro 108,116 Million euro Euro area – 20 countries (2023-2025)
2020s 198,073 Million euro 61,740 Million euro 136,333 Million euro Euro area – 20 countries (2023-2025)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher business enterprise r&d expenditure in high-tech sectors by nace rev., Euro area – 20 countries (2023-2025) or South Korea?
Euro area – 20 countries (2023-2025), at 231,265 Million euro against 66,741 Million euro in South Korea as of 2024.
What is the difference in business enterprise r&d expenditure in high-tech sectors by nace rev. between Euro area – 20 countries (2023-2025) and South Korea?
164,524 Million euro, with Euro area – 20 countries (2023-2025) ahead.
How many years of comparable data are there for Euro area – 20 countries (2023-2025) and South Korea?
19 years are reported by both, from 2005 to 2023.
How do Euro area – 20 countries (2023-2025) and South Korea rank globally for business enterprise r&d expenditure in high-tech sectors by nace rev.?
Euro area – 20 countries (2023-2025) ranks 4th and South Korea ranks 5th of 4 regions.
Where does this data come from?
Eurostat, published as Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Euro area – 20 countries (2023-2025) vs South Korea: Business enterprise R&D expenditure in high-tech sectors by NACE Rev.. Statizoid, drawing on Eurostat. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/business-enterprise-r-and-d-expenditure-in-high-tech-sectors-by-nace-rev-2/euro-area-20-countries-2023-2025/south-korea/

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About this data

Indicator
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,040 data points, 2005–2024
Last refreshed