{"entity":{"iso2":null,"iso3":null,"name":"Korea","slug":"korea"},"indicator":{"licence":"OECD Terms and Conditions (attribution required)","slug":"r-and-d-tax-expenditure-and-direct-government-funding-of-berd-government-budgets-for-r","source":"Organisation for Economic Co-operation and Development","source_url":"https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_RDTAX@DF_RDTAX","title":"R&D tax expenditure and direct government funding of BERD \u2014 Government budgets for R&D and tax incentive support for business R&D (GBARD+GTARD)","unit":"Percentage of GDP"},"observations":[{"date":"2007-01-01","value":0.9846},{"date":"2008-01-01","value":1.0484},{"date":"2009-01-01","value":1.1359},{"date":"2010-01-01","value":1.1279},{"date":"2011-01-01","value":1.1964},{"date":"2012-01-01","value":1.2452},{"date":"2013-01-01","value":1.2853},{"date":"2014-01-01","value":1.2672},{"date":"2015-01-01","value":1.2556},{"date":"2016-01-01","value":1.1669},{"date":"2017-01-01","value":1.1351},{"date":"2018-01-01","value":1.1089},{"date":"2019-01-01","value":1.1371},{"date":"2020-01-01","value":1.3127},{"date":"2021-01-01","value":1.3608},{"date":"2022-01-01","value":1.4303},{"date":"2023-01-01","value":1.4825},{"date":"2024-01-01","value":1.1535}],"summary":{"latest_period":"2024-01-01","latest_value":1.1535,"max":1.4825,"mean":1.21302,"min":0.9846,"of":12,"rank":1,"trend":"rising"}}