GBARD by type of funding in South Korea

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

Latest (2024)
17,986
Change on year
down 18.2%
World rank
7th
of 51 countries
All-time high
21,996
in 2023
All-time low
4,288
in 2004
Years of data
21
2004–2024

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

5.0k10.0k15.0k20.0k2004201420242004: 4.3k2005: 6.1k2006: 7.4k2007: 7.7k2008: 6.9k2009: 7.2k2010: 8.9k2011: 9.7k2012: 11.1k2013: 11.8k2014: 12.7k2015: 15.0k2016: 14.9k2017: 15.3k2018: 15.2k2019: 16.0k2020: 18.0k2021: 20.3k2022: 21.7k2023: 22.0k2024: 18.0k

Source: Eurostat.

Analysis

The most recent figure for gbard by type of funding in South Korea is 17,986, 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 in 2023 and was at its lowest, 4,288, in 2004.

That places South Korea 7th out of 51 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.

GBARD by type of funding in South Korea, year by year

Annual values for GBARD by type of funding in South Korea, 2004 to 2024.
Year Value Change
2004 4,288 —
2005 6,124 +42.8%
2006 7,433 +21.4%
2007 7,669 +3.2%
2008 6,898 -10.1%
2009 7,167 +3.9%
2010 8,944 +24.8%
2011 9,661 +8.0%
2012 11,069 +14.6%
2013 11,794 +6.5%
2014 12,716 +7.8%
2015 15,033 +18.2%
2016 14,912 -0.8%
2017 15,275 +2.4%
2018 15,202 -0.5%
2019 15,976 +5.1%
2020 18,026 +12.8%
2021 20,315 +12.7%
2022 21,732 +7.0%
2023 21,996 +1.2%
2024 17,986 -18.2%

South Korea compared with similar countries

  • South Korea's 17,986 is above the median for high income countries, which is 2,883, 6.2× the median. (35 countries reporting)

Averages by decade

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

Countries ranked near South Korea

  1. 4 Germany 46,260 compare
  2. 5 United Kingdom 19,589 compare
  3. 5 United Kingdom 19,589 compare
  4. 7 South Korea 17,986 compare
  5. 9 France 17,752 compare
  6. 10 Italy 13,095 compare

See the full ranking of 55 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 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 in 2023.
What is the lowest gbard by type of funding recorded in South Korea?
The lowest recorded value was 4,288 in 2004.
How does South Korea rank for gbard by type of funding?
South Korea ranks 7th out of 51 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.

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GBARD by type of funding in South Korea. Statizoid, drawing on Eurostat. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/gbard-by-type-of-funding/korea-rep/

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About this data

Indicator
GBARD by type of funding
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
55 places, 1,140 data points, 2004–2025
Last refreshed