BERD by industry orientation in South Korea

South Korea: BERD by industry orientation was 66,741 Million euro in 2023. ▲ Rising

Latest (2023)
66,741 Million euro
Change on year
up 1.4%
World rank
4th
of 40 countries
All-time high
66,741 Million euro
in 2023
All-time low
14,576 Million euro
in 2005
Years of data
19
2005–2023

BERD by industry orientation in South Korea, 2005–2023

20.0k40.0k60.0k2005201420232005: 14.6k Million euro2006: 17.6k Million euro2007: 18.7k Million euro2008: 16.2k Million euro2009: 15.9k Million euro2010: 21.4k Million euro2011: 24.8k Million euro2012: 29.9k Million euro2013: 32.0k Million euro2014: 35.7k Million euro2015: 40.7k Million euro2016: 42.0k Million euro2017: 49.0k Million euro2018: 53.0k Million euro2019: 54.8k Million euro2020: 54.7k Million euro2021: 59.7k Million euro2022: 65.8k Million euro2023: 66.7k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for berd by industry orientation in South Korea is 66,741 Million euro, measured in 2023. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 1.4% on the previous year and up 108.4% over ten years.

Over the whole period, berd by industry orientation in South Korea peaked at 66,741 Million euro in 2023 and was at its lowest, 14,576 Million euro, in 2005.

That places South Korea 4th out of 40 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 16,605 Million euro 14,576 Million euro 18,747 Million euro 5
2010s 38,321 Million euro 21,415 Million euro 54,781 Million euro 10
2020s 61,740 Million euro 54,697 Million euro 66,741 Million euro 4

Countries ranked near South Korea

  1. 1 United States 693,045 Million euro compare
  2. 2 Japan 106,059 Million euro compare
  3. 3 Germany 92,509 Million euro compare
  4. 5 France 42,006 Million euro compare
  5. 6 United Kingdom 30,179 Million euro compare
  6. 7 Switzerland 18,479 Million euro compare

See the full ranking of 44 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is berd by industry orientation in South Korea?
Berd by industry orientation in South Korea was 66,741 Million euro in 2023, according to Eurostat.
What is the highest berd by industry orientation recorded in South Korea?
The highest recorded value was 66,741 Million euro in 2023.
What is the lowest berd by industry orientation recorded in South Korea?
The lowest recorded value was 14,576 Million euro in 2005.
How does South Korea rank for berd by industry orientation?
South Korea ranks 4th out of 40 countries with data for 2023.
Is berd by industry orientation rising or falling in South Korea?
Over the last ten years it is up 108.4%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from Eurostat, published as part of BERD by industry orientation (NACE Rev. 2 activity). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
BERD by industry orientation (NACE Rev. 2 activity)
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 813 data points, 2005–2024
Last refreshed