Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Korea
Korea: Business expenditure on R&D (BERD) in ICT sector as % of total R&D was 14.7% in 2021. ▼ Falling
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Korea, 2005–2021
Source: Eurostat. Measured in Percentage.
Analysis
Korea recorded 14.7% for business expenditure on r&d (berd) in ict sector as % of total r&d in 2021.
The figure is up 9.3% on the previous year and down 60.1% over ten years.
Over the whole period, business expenditure on r&d (berd) in ict sector as % of total r&d in Korea peaked at 42.4% in 2014 and was at its lowest, 12.9%, in 2019.
Korea ranks 1st of 39 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Korea, year by year
| Year | Percentage | Change |
|---|---|---|
| 2005 | 34.8% | — |
| 2006 | 35.2% | +1.2% |
| 2007 | 31.9% | -9.2% |
| 2008 | 34.0% | +6.5% |
| 2009 | 34.6% | +1.7% |
| 2010 | 37.2% | +7.5% |
| 2011 | 36.9% | -0.8% |
| 2012 | 38.2% | +3.4% |
| 2013 | 40.2% | +5.4% |
| 2014 | 42.4% | +5.5% |
| 2015 | 39.9% | -5.8% |
| 2016 | 13.7% | -65.7% |
| 2017 | 13.1% | -4.4% |
| 2018 | 13.1% | +0.1% |
| 2019 | 12.9% | -1.5% |
| 2020 | 13.5% | +4.6% |
| 2021 | 14.7% | +9.3% |
Korea compared with similar countries
- Korea's 14.7% is above the median for high income countries, which is 0.6%, 24.6× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Business expenditure on R&D (BERD) in ICT sector as % of total R&D in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -65.7% | 39.9% | 13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.1% | 31.9% | 35.2% | 5 |
| 2010s | 28.8% | 12.9% | 42.4% | 10 |
| 2020s | 14.1% | 13.5% | 14.7% | 2 |
Countries ranked near Korea
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 expenditure on r&d (berd) in ict sector as % of total r&d in Korea?
- Business expenditure on r&d (berd) in ict sector as % of total r&d in Korea was 14.7% in 2021, according to Eurostat.
- What is the highest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in Korea?
- The highest recorded value was 42.4% in 2014.
- What is the lowest business expenditure on r&d (berd) in ict sector as % of total r&d recorded in Korea?
- The lowest recorded value was 12.9% in 2019.
- How does Korea rank for business expenditure on r&d (berd) in ict sector as % of total r&d?
- Korea ranks 1st out of 39 countries with data for 2021.
- Is business expenditure on r&d (berd) in ict sector as % of total r&d rising or falling in Korea?
- Over the last ten years it is down 60.1%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from Eurostat, published as part of Business expenditure on R&D (BERD) in ICT sector as % of total R&D expenditure by NACE Rev. 2 activity. Statizoid updates them automatically from the source API.
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