Euro area – 21 countries (from 2026) vs South Korea: GERD by sector of performance and source of funds

Euro area – 21 countries (from 2026)
349,415 Million euro
in 2024
South Korea
84,278 Million euro
in 2023
Euro area – 21 countries (from 2026) rank
3rd
South Korea rank
5th

GERD by sector of performance and source of funds over time

  • Euro area – 21 countries (from 2026)
  • South Korea
0100.0k200.0k300.0k199020072024

How they compare

Euro area – 21 countries (from 2026) currently reports 349,415 Million euro against 84,278 Million euro in South Korea, a difference of 265,137 Million euro.

That makes Euro area – 21 countries (from 2026)'s figure about 4.1 times South Korea's.

Across all 26 years both countries report, Euro area – 21 countries (from 2026) has been ahead every year.

Euro area – 21 countries (from 2026) ranks 3rd and South Korea ranks 5th of 4 regions.

Euro area – 21 countries (from 2026) has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Euro area – 21 countries (from 2026) South Korea Difference Ahead
1990s 113,956 Million euro 8,324 Million euro 105,632 Million euro Euro area – 21 countries (from 2026)
2000s 153,450 Million euro 18,096 Million euro 135,354 Million euro Euro area – 21 countries (from 2026)
2010s 226,157 Million euro 48,814 Million euro 177,344 Million euro Euro area – 21 countries (from 2026)
2020s 300,504 Million euro 77,955 Million euro 222,548 Million euro Euro area – 21 countries (from 2026)

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 – 21 countries (from 2026) or South Korea?
Euro area – 21 countries (from 2026), at 349,415 Million euro against 84,278 Million euro in South Korea as of 2024.
What is the difference in gerd by sector of performance and source of funds between Euro area – 21 countries (from 2026) and South Korea?
265,137 Million euro, with Euro area – 21 countries (from 2026) ahead.
How many years of comparable data are there for Euro area – 21 countries (from 2026) and South Korea?
26 years are reported by both, from 1998 to 2023.
How do Euro area – 21 countries (from 2026) and South Korea rank globally for gerd by sector of performance and source of funds?
Euro area – 21 countries (from 2026) ranks 3rd and South 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 – 21 countries (from 2026) vs South Korea: GERD by sector of performance and source of funds. Statizoid, drawing on Eurostat. Retrieved 01 September 2026, from https://reference.statizoid.com/compare/gerd-by-sector-of-performance-and-source-of-funds/euro-area-21-countries-from-2026/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