Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Korea
Korea: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 16,188 Million euro in 2008. ▲ Rising
Latest (2008)
16,188 Million euro
Change on year
down 13.7%
World rank
8th
of 47 countries
All-time high
18,747 Million euro
in 2007
All-time low
5,092 Million euro
in 1998
Years of data
11
1998–2008
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Korea, 1998–2008
Source: Eurostat. Measured in Million euro.
Analysis
Korea recorded 16,188 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2008.
That represents a change of down 13.7% on the previous year and up 217.9% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Korea peaked at 18,747 Million euro in 2007 and was at its lowest, 5,092 Million euro, in 1998.
That places Korea 8th out of 47 countries with data for 2008, putting it in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Korea, year by year
| Year | Million euro | Change |
|---|---|---|
| 1998 | 5,092 Million euro | — |
| 1999 | 6,716 Million euro | +31.9% |
| 2000 | 9,827 Million euro | +46.3% |
| 2001 | 10,628 Million euro | +8.2% |
| 2002 | 11,038 Million euro | +3.9% |
| 2003 | 10,773 Million euro | -2.4% |
| 2004 | 11,964 Million euro | +11.1% |
| 2005 | 14,576 Million euro | +21.8% |
| 2006 | 17,627 Million euro | +20.9% |
| 2007 | 18,747 Million euro | +6.4% |
| 2008 | 16,188 Million euro | -13.7% |
Korea compared with similar countries
- Korea's 16,188 Million euro is above the median for high income countries, which is 1,590 Million euro, 10.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,904 Million euro | 5,092 Million euro | 6,716 Million euro | 2 |
| 2000s | 13,485 Million euro | 9,827 Million euro | 18,747 Million euro | 9 |
Countries ranked near Korea
- 5 France 26,341 Million euro compare
- 6 United Kingdom of Great Britain and Northern Ireland 17,537 Million euro compare
- 6 United Kingdom 17,537 Million euro compare
- 8 South Korea 16,188 Million euro compare
- 10 Italy 10,238 Million euro compare
- 11 Spain 7,568 Million euro compare
More economy & growth data for Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Korea?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Korea was 16,188 Million euro in 2008, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Korea?
- The highest recorded value was 18,747 Million euro in 2007.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Korea?
- The lowest recorded value was 5,092 Million euro in 1998.
- How does Korea rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Korea ranks 8th out of 47 countries with data for 2008.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Korea?
- Over the last ten years it is up 217.9%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 1.1 (1993-2009). Statizoid updates them automatically from the source API.
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