Korea vs United Kingdom: R&D tax expenditure and direct government funding of BERD — Sum of
R&D tax expenditure and direct government funding of BERD — Sum of over time
- Korea
- United Kingdom
How they compare
United Kingdom currently reports 0.4043 Percentage of GDP against 0.3326 Percentage of GDP in Korea, a difference of 0.0717 Percentage of GDP.
That makes United Kingdom's figure about 1.2 times Korea's.
The two have swapped places 2 times across 14 shared years of data; in 2007 it was Korea ahead.
Korea ranks 2nd and United Kingdom ranks 1st of 12 groups.
Across the 3 decades both report, Korea averaged higher in 2 and United Kingdom in 1.
Head to head by decade
| Decade | Korea | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.2623 Percentage of GDP | 0.1299 Percentage of GDP | 0.1323 Percentage of GDP | Korea |
| 2010s | 0.3166 Percentage of GDP | 0.2579 Percentage of GDP | 0.0587 Percentage of GDP | Korea |
| 2020s | 0.3621 Percentage of GDP | 0.4392 Percentage of GDP | 0.0772 Percentage of GDP | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher r&d tax expenditure and direct government funding of berd — sum of, Korea or United Kingdom?
- United Kingdom, at 0.4043 Percentage of GDP against 0.3326 Percentage of GDP in Korea as of 2023.
- What is the difference in r&d tax expenditure and direct government funding of berd — sum of between Korea and United Kingdom?
- 0.0717 Percentage of GDP, with United Kingdom ahead.
- How many years of comparable data are there for Korea and United Kingdom?
- 14 years are reported by both, from 2007 to 2023.
- How do Korea and United Kingdom rank globally for r&d tax expenditure and direct government funding of berd — sum of?
- Korea ranks 2nd and United Kingdom ranks 1st of 12 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as R&D tax expenditure and direct government funding of BERD — Sum of tax incentive support for business R&D (GTARD) and government-financed BERD. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.