South Korea - Business Enterprise Expenditure on R&D Performed in Aerospace
Since 2014, South Korea Business Enterprise Expenditure on R&D Performed in Aerospace jumped by 38% year on year. In 2019, the country was ranked number 9 comparing other countries in Business Enterprise Expenditure on R&D Performed in Aerospace at $433.9 Million PPP. South Korea is overtaken by Spain, which was number 8 with $685.74 Million PPP and is followed by Poland at $124.77 Million PPP. United States lead the ranking with $27,176.6 Million PPP in 2019, that is an increase of 1% versus 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea witnessed the best average annual growth at +38% per year, while Iceland witnessed the worst performance at -100% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 433.90 |
| 2018 | 412.06 |
| 2017 | 391.63 |
| 2016 | 440.07 |
| 2015 | 275.12 |
How does South Korea rank in Business Enterprise Expenditure on R&D Performed in Aerospace?
| # | 17 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
27,176.60 | 2019 | +0.9 % | +0.8 % | View data | |
| 2 |
#2
France
|
3,578.65 | 2019 | +0.6 % | -2.0 % | View data | |
| 8 |
#8
Spain
|
685.74 | 2019 | +2.5 % | +5.5 % | View data | |
| 9 |
#9
South Korea
|
433.90 | 2019 | +5.3 % | +38.0 % | View data | |
| 10 |
#10
Poland
|
124.77 | 2019 | +4.4 % | +6.2 % | View data | |