BERD by size class and source of funds in South Korea
South Korea: BERD by size class and source of funds was 66,741 Million euro in 2023. ◆ Volatile
Latest (2023)
66,741 Million euro
Change on year
up 1.4%
World rank
5th
of 52 countries
All-time high
66,741 Million euro
in 2023
All-time low
5,092 Million euro
in 1998
Years of data
26
1998–2023
BERD by size class and source of funds in South Korea, 1998–2023
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for berd by size class and source of funds in South Korea is 66,741 Million euro, measured in 2023. That is the highest value across all 26 years on record.
The figure is up 1.4% on the previous year and up 108.4% over ten years.
Over the whole period, berd by size class and source of funds in South Korea peaked at 66,741 Million euro in 2023 and was at its lowest, 5,092 Million euro, in 1998.
South Korea ranks 5th of 52 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
BERD by size class and source of funds in South Korea, year by year
| Year | Million euro | Change |
|---|---|---|
| 1998 | 5,092 Million euro | — |
| 1999 | 6,716 Million euro | +31.9% |
| 2000 | 9,827 Million euro | +46.3% |
| 2001 | 10,628 Million euro | +8.1% |
| 2002 | 11,038 Million euro | +3.9% |
| 2003 | 10,773 Million euro | -2.4% |
| 2004 | 11,964 Million euro | +11.1% |
| 2005 | 14,576 Million euro | +21.8% |
| 2006 | 17,626 Million euro | +20.9% |
| 2007 | 18,747 Million euro | +6.4% |
| 2008 | 16,188 Million euro | -13.6% |
| 2009 | 15,887 Million euro | -1.9% |
| 2010 | 21,415 Million euro | +34.8% |
| 2011 | 24,775 Million euro | +15.7% |
| 2012 | 29,856 Million euro | +20.5% |
| 2013 | 32,024 Million euro | +7.3% |
| 2014 | 35,658 Million euro | +11.3% |
| 2015 | 40,696 Million euro | +14.1% |
| 2016 | 42,013 Million euro | +3.2% |
| 2017 | 49,002 Million euro | +16.6% |
| 2018 | 52,988 Million euro | +8.1% |
| 2019 | 54,781 Million euro | +3.4% |
| 2020 | 54,697 Million euro | -0.2% |
| 2021 | 59,678 Million euro | +9.1% |
| 2022 | 65,844 Million euro | +10.3% |
| 2023 | 66,741 Million euro | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,904 Million euro | 5,092 Million euro | 6,716 Million euro | 2 |
| 2000s | 13,725 Million euro | 9,827 Million euro | 18,747 Million euro | 10 |
| 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
- 3 Japan 106,059 Million euro compare
- 4 Germany 92,509 Million euro compare
- 5 Republic of Korea 66,741 Million euro compare
- 7 France 42,006 Million euro compare
- 8 United Kingdom of Great Britain and Northern Ireland 30,179 Million euro compare
- 8 United Kingdom 30,179 Million euro compare
More reference data data for South Korea
- Industrial countries' effective exchange rates - quarterly data 71.89 Index, 2015=100 (2026)
- Industrial countries' effective exchange rates - monthly data 71.21 Index, 2015=100 (2026)
- Real effective exchange rate - percentage changes, 42 trading partners 86.64 Index, 2015=100 (2025)
- Industrial countries' effective exchange rates - annual data 78.27 Index, 2015=100 (2025)
- Real effective exchange rate - euro area trading partners 78.27 Index, 2015=100 (2025)
- GERD by source of funds 100.0% (2023)
- GERD by sector of performance 84,278 Million euro (2023)
- GERD by sector of performance and type of expenditure 84,278 Million euro (2023)
- GERD by sector of performance and source of funds 84,278 Million euro (2023)
- Share of GBARD in total general government expenditure 3.7% (2015)
Frequently asked questions
- What is berd by size class and source of funds in South Korea?
- Berd by size class and source of funds in South Korea was 66,741 Million euro in 2023, according to Eurostat.
- What is the highest berd by size class and source of funds recorded in South Korea?
- The highest recorded value was 66,741 Million euro in 2023.
- What is the lowest berd by size class and source of funds recorded in South Korea?
- The lowest recorded value was 5,092 Million euro in 1998.
- How does South Korea rank for berd by size class and source of funds?
- South Korea ranks 5th out of 52 countries with data for 2023.
- Is berd by size class and source of funds 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 volatile.
- Where does this South Korea data come from?
- The figures come from Eurostat, published as part of BERD by size class and source of funds. Statizoid updates them automatically from the source API.
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