Euro area – 20 countries (2023-2025) vs Republic of Korea: GERD by sector of performance and source of funds

Euro area – 20 countries (2023-2025)
348,610 Million euro
in 2024
Republic of Korea
84,278 Million euro
in 2023
Euro area – 20 countries (2023-2025) rank
4th
Republic of Korea rank
5th

GERD by sector of performance and source of funds over time

  • Euro area – 20 countries (2023-2025)
  • Republic of Korea
0100.0k200.0k300.0k199020072024

How they compare

Euro area – 20 countries (2023-2025) currently reports 348,610 Million euro against 84,278 Million euro in Republic of Korea, a difference of 264,332 Million euro.

That makes Euro area – 20 countries (2023-2025)'s figure about 4.1 times Republic of Korea's.

Across all 26 years both countries report, Euro area – 20 countries (2023-2025) has been ahead every year.

Euro area – 20 countries (2023-2025) ranks 4th and Republic of Korea ranks 5th of 4 regions.

Euro area – 20 countries (2023-2025) has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Euro area – 20 countries (2023-2025) Republic of Korea Difference Ahead
1990s 113,890 Million euro 8,324 Million euro 105,566 Million euro Euro area – 20 countries (2023-2025)
2000s 153,337 Million euro 18,096 Million euro 135,241 Million euro Euro area – 20 countries (2023-2025)
2010s 225,814 Million euro 48,814 Million euro 177,001 Million euro Euro area – 20 countries (2023-2025)
2020s 299,886 Million euro 77,955 Million euro 221,931 Million euro Euro area – 20 countries (2023-2025)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gerd by sector of performance and source of funds, Euro area – 20 countries (2023-2025) or Republic of Korea?
Euro area – 20 countries (2023-2025), at 348,610 Million euro against 84,278 Million euro in Republic of Korea as of 2024.
What is the difference in gerd by sector of performance and source of funds between Euro area – 20 countries (2023-2025) and Republic of Korea?
264,332 Million euro, with Euro area – 20 countries (2023-2025) ahead.
How many years of comparable data are there for Euro area – 20 countries (2023-2025) and Republic of Korea?
26 years are reported by both, from 1998 to 2023.
How do Euro area – 20 countries (2023-2025) and Republic of Korea rank globally for gerd by sector of performance and source of funds?
Euro area – 20 countries (2023-2025) ranks 4th and Republic of Korea ranks 5th of 4 regions.
Where does this data come from?
Eurostat, published as GERD by sector of performance and source of funds. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Euro area – 20 countries (2023-2025) vs Republic of Korea: GERD by sector of performance and source of funds. Statizoid, drawing on Eurostat. Retrieved 03 September 2026, from https://reference.statizoid.com/compare/gerd-by-sector-of-performance-and-source-of-funds/euro-area-20-countries-2023-2025/korea-rep/

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About this data

Indicator
GERD by sector of performance and source of funds
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,826 data points, 1980–2024
Last refreshed