Korea vs United Kingdom: Government budget allocations for R&D — Government Allocations for R&D
Korea
28,685 US dollars, PPP converted
in 2024
United Kingdom
23,038 US dollars, PPP converted
in 2023
Korea rank
2nd
United Kingdom rank
3rd
Government budget allocations for R&D — Government Allocations for R&D over time
- Korea
- United Kingdom
How they compare
Korea currently reports 28,685 US dollars, PPP converted against 23,038 US dollars, PPP converted in United Kingdom, a difference of 5,647 US dollars, PPP converted.
That makes Korea's figure about 1.2 times United Kingdom's.
The two have swapped places 1 time across 25 shared years of data; in 1999 it was United Kingdom ahead.
Korea ranks 2nd and United Kingdom ranks 3rd of 12 groups.
Across the 4 decades both report, Korea averaged higher in 2 and United Kingdom in 2.
Head to head by decade
| Decade | Korea | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5,886 US dollars, PPP converted | 15,168 US dollars, PPP converted | 9,281 US dollars, PPP converted | United Kingdom |
| 2000s | 11,631 US dollars, PPP converted | 17,773 US dollars, PPP converted | 6,141 US dollars, PPP converted | United Kingdom |
| 2010s | 22,833 US dollars, PPP converted | 17,873 US dollars, PPP converted | 4,960 US dollars, PPP converted | Korea |
| 2020s | 32,557 US dollars, PPP converted | 22,019 US dollars, PPP converted | 10,538 US dollars, PPP converted | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government budget allocations for r&d — government allocations for r&d, Korea or United Kingdom?
- Korea, at 28,685 US dollars, PPP converted against 23,038 US dollars, PPP converted in United Kingdom as of 2024.
- What is the difference in government budget allocations for r&d — government allocations for r&d between Korea and United Kingdom?
- 5,647 US dollars, PPP converted, with Korea ahead.
- How many years of comparable data are there for Korea and United Kingdom?
- 25 years are reported by both, from 1999 to 2023.
- How do Korea and United Kingdom rank globally for government budget allocations for r&d — government allocations for r&d?
- Korea ranks 2nd and United Kingdom ranks 3rd of 12 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Government budget allocations for R&D — Government Allocations for R&D (GBARD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table contains data on Government budget allocations for R&D (GBARD) by socio-economic objective (SEO), using the NABS 2007 classification