Business expenditure on R&D (BERD) in ICT sector as % of total R&D in South Korea
South 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 South Korea, 2005–2021
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for business expenditure on r&d (berd) in ict sector as % of total r&d in South Korea is 14.7%, measured in 2021.
Compared with earlier readings it 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 South Korea peaked at 42.4% in 2014 and was at its lowest, 12.9%, in 2019.
South 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 South 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% |
Biggest year-on-year movements
Years where Business expenditure on R&D (BERD) in ICT sector as % of total R&D in South 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 South Korea
More economy & growth data for South Korea
- R&D personnel and researchers in business enterprise sector by size 459,405 Full-time equivalent (FTE) (2023)
- G20 CPI all-items - Group of Twenty - Consumer price index 126.3 Index, 2015=100 (2026)
- GBARD by socioeconomic objectives 17,986 Million euro (2024)
- GERD by sector of performance and socioeconomic objectives 84,278 Million euro (2023)
- Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 66,741 Million euro (2023)
- R&D personnel and researchers in business enterprise sector by NACE 459,405 Full-time equivalent (FTE) (2023)
- Business enterprise R&D personnel in high-tech sectors by NACE Rev. 2 459,405 Full-time equivalent (FTE) (2023)
- R&D personnel and researchers in business enterprise sector by NACE 208,428 Full-time equivalent (FTE) (2008)
- Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 16,188 Million euro (2008)
- Business enterprise R&D personnel in high-tech sectors by NACE Rev. 208,428 Full-time equivalent (FTE) (2008)
Frequently asked questions
- What is business expenditure on r&d (berd) in ict sector as % of total r&d in South Korea?
- Business expenditure on r&d (berd) in ict sector as % of total r&d in South 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 South 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 South Korea?
- The lowest recorded value was 12.9% in 2019.
- How does South Korea rank for business expenditure on r&d (berd) in ict sector as % of total r&d?
- South 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 South Korea?
- Over the last ten years it is down 60.1%. The long-run trend across the full record is falling.
- Where does this South 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.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).