GBARD by socioeconomic objectives in Republic of Korea

Republic of Korea: GBARD by socioeconomic objectives was 17,986 in 2024. ▲ Rising

Latest (2024)
17,986
Change on year
down 18.2%
World rank
5th
of 37 countries
All-time high
21,996
in 2023
All-time low
4,288
in 2004
Years of data
21
2004–2024

GBARD by socioeconomic objectives in Republic of Korea, 2004–2024

5.0k10.0k15.0k20.0k2004201420242004: 4.3k2005: 6.1k2006: 7.4k2007: 7.7k2008: 6.9k2009: 7.2k2010: 8.9k2011: 9.7k2012: 11.1k2013: 11.8k2014: 12.7k2015: 15.0k2016: 14.9k2017: 15.3k2018: 15.2k2019: 16.0k2020: 18.0k2021: 20.3k2022: 21.7k2023: 22.0k2024: 18.0k

Source: Eurostat.

Analysis

Republic of Korea recorded 17,986 for gbard by socioeconomic objectives in 2024.

Compared with earlier readings it is down 18.2% on the previous year and up 41.4% over ten years.

Over the whole period, gbard by socioeconomic objectives in Republic of Korea peaked at 21,996 in 2023 and was at its lowest, 4,288, in 2004.

Republic of Korea ranks 5th of 37 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

GBARD by socioeconomic objectives in Republic of Korea, year by year

Annual values for GBARD by socioeconomic objectives (NABS 2007) in Republic of Korea, 2004 to 2024.
Year Value Change
2004 4,288
2005 6,124 +42.8%
2006 7,433 +21.4%
2007 7,669 +3.2%
2008 6,898 -10.1%
2009 7,167 +3.9%
2010 8,944 +24.8%
2011 9,661 +8.0%
2012 11,069 +14.6%
2013 11,794 +6.5%
2014 12,716 +7.8%
2015 15,033 +18.2%
2016 14,912 -0.8%
2017 15,275 +2.4%
2018 15,202 -0.5%
2019 15,976 +5.1%
2020 18,026 +12.8%
2021 20,315 +12.7%
2022 21,732 +7.0%
2023 21,996 +1.2%
2024 17,986 -18.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6,596 4,288 7,669 6
2010s 13,058 8,944 15,976 10
2020s 20,011 17,986 21,996 5

Countries ranked near Republic of Korea

  1. 2 Japan 49,216 compare
  2. 3 Germany 46,260 compare
  3. 4 United Kingdom of Great Britain and Northern Ireland 19,589 compare
  4. 6 France 17,752 compare
  5. 7 Italy 13,095 compare
  6. 8 Netherlands 9,265 compare

See the full ranking of 42 places →

More economy & growth data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is gbard by socioeconomic objectives in Republic of Korea?
Gbard by socioeconomic objectives in Republic of Korea was 17,986 in 2024, according to Eurostat.
What is the highest gbard by socioeconomic objectives recorded in Republic of Korea?
The highest recorded value was 21,996 in 2023.
What is the lowest gbard by socioeconomic objectives recorded in Republic of Korea?
The lowest recorded value was 4,288 in 2004.
How does Republic of Korea rank for gbard by socioeconomic objectives?
Republic of Korea ranks 5th out of 37 countries with data for 2024.
Is gbard by socioeconomic objectives rising or falling in Republic of Korea?
Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from Eurostat, published as part of GBARD by socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Eurostat).

Share, cite or embed this page

Cite this page

GBARD by socioeconomic objectives in Republic of Korea. Statizoid, drawing on Eurostat. Retrieved 24 August 2026, from https://economy.statizoid.com/stat/gbard-by-socioeconomic-objectives-nabs-2007/korea-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Eurostat); please keep the attribution.

<a href="https://economy.statizoid.com/stat/gbard-by-socioeconomic-objectives-nabs-2007/korea-rep/">GBARD by socioeconomic objectives in Republic of Korea</a> — Statizoid

About this data

Indicator
GBARD by socioeconomic objectives (NABS 2007)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
42 places, 876 data points, 2004–2025
Last refreshed