GBARD by type of funding in South Korea

South Korea: GBARD by type of funding was 17,986 Million euro in 2024. ▲ Rising

Latest (2024)
17,986 Million euro
Change on year
down 18.2%
World rank
5th
of 38 countries
All-time high
21,996 Million euro
in 2023
All-time low
4,288 Million euro
in 2004
Years of data
21
2004–2024

GBARD by type of funding in South Korea, 2004–2024

5.0k10.0k15.0k20.0k2004201420242004: 4.3k Million euro2005: 6.1k Million euro2006: 7.4k Million euro2007: 7.7k Million euro2008: 6.9k Million euro2009: 7.2k Million euro2010: 8.9k Million euro2011: 9.7k Million euro2012: 11.1k Million euro2013: 11.8k Million euro2014: 12.7k Million euro2015: 15.0k Million euro2016: 14.9k Million euro2017: 15.3k Million euro2018: 15.2k Million euro2019: 16.0k Million euro2020: 18.0k Million euro2021: 20.3k Million euro2022: 21.7k Million euro2023: 22.0k Million euro2024: 18.0k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for gbard by type of funding in South Korea is 17,986 Million euro, measured in 2024.

Compared with earlier readings it is down 18.2% on the previous year and up 41.4% over ten years.

Over the whole period, gbard by type of funding in South Korea peaked at 21,996 Million euro in 2023 and was at its lowest, 4,288 Million euro, in 2004.

That places South Korea 5th out of 38 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6,596 Million euro 4,288 Million euro 7,669 Million euro 6
2010s 13,058 Million euro 8,944 Million euro 15,976 Million euro 10
2020s 20,011 Million euro 17,986 Million euro 21,996 Million euro 5

Countries ranked near South Korea

  1. 2 Japan 49,216 Million euro compare
  2. 3 Germany 46,260 Million euro compare
  3. 4 United Kingdom 19,589 Million euro compare
  4. 6 France 17,752 Million euro compare
  5. 7 Italy 13,095 Million euro compare
  6. 8 Netherlands 9,265 Million euro compare

See the full ranking of 42 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is gbard by type of funding in South Korea?
Gbard by type of funding in South Korea was 17,986 Million euro in 2024, according to Eurostat.
What is the highest gbard by type of funding recorded in South Korea?
The highest recorded value was 21,996 Million euro in 2023.
What is the lowest gbard by type of funding recorded in South Korea?
The lowest recorded value was 4,288 Million euro in 2004.
How does South Korea rank for gbard by type of funding?
South Korea ranks 5th out of 38 countries with data for 2024.
Is gbard by type of funding rising or falling in South Korea?
Over the last ten years it is up 41.4%. 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 GBARD by type of funding. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
GBARD by type of funding
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
42 places, 876 data points, 2004–2025
Last refreshed