South Korea Basic Research Expenditure: % of GDP
South Korea Basic Research Expenditure: % of GDP data was reported at 0.783 % in 2022. This records an increase from the previous number of 0.726 % for 2021. South Korea Basic Research Expenditure: % of GDP data is updated yearly, averaging 0.524 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 0.783 % in 2022 and a record low of 0.268 % in 2000. South Korea Basic Research Expenditure: % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MSTI: Gross Domestic Expenditure on Research and Development: OECD Member: Annual.
In Korea, SSH are excluded from the R&D data prior to 2007.
From 2013, GBARD data on the education objective are available separately, having previously been included in non-oriented research. Since 2008, GBARD has been broken down to fit NABS 2007 using estimation techniques.
View South Korea's South Korea Basic Research Expenditure: % of GDP from 1995 to 2022 in the chart:
What was South Korea's South Korea Basic Research Expenditure: % of GDP in 2022?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.783 2022 | 0.726 2021 | 0.268 2000 | 0.783 2022 | % | yearly | 1995 - 2022 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 70,250.328 2028 | yearly | 1980 - 2028 |
| Forecast: Nominal GDP Per Capita (USD) | 41,380.693 2028 | yearly | 1980 - 2028 |
| Forecast: Real GDP Growth (%) | 2.340 2027 | yearly | 1980 - 2027 |
| GDP Deflator Growth (%) | 2.8 Jun 2025 | quarterly | Mar 1961 - Jun 2025 |
| GDP per Capita (USD) | 36,222.600 2024 | yearly | 1953 - 2024 |
| Gross Fixed Capital Formation (USD mn) | 137,346.387 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Gross National Product (GNP) (USD mn) | 493,487.155 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Gross Savings Rate (%) | 35.2 Jun 2025 | quarterly | Mar 1970 - Jun 2025 |
| Investment: % of GDP (%) | 29.6 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Nominal GDP (USD mn) | 471,908.5 Jun 2025 | quarterly | Mar 1960 - Jun 2025 |
| Nominal GDP Growth (%) | 4.620 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Private Consumption Expenditure (USD mn) | 232,348.019 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Private Consumption: % of GDP (%) | 48.2 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Public Consumption Expenditure (USD mn) | 85,154.809 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Public Consumption: % of GDP (%) | 17.0 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Real GDP Growth (%) | 1.7 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 85.224 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Gold Production (kg) | 43.000 2023 | yearly | 1990 - 2023 |
| Industrial Production Index Growth (%) | -2.8 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Minerals Production (Metric Ton) | 5,074,593.000 2023 | yearly | 2009 - 2023 |
| Motor Vehicle Production (Unit) | 4,127,251.000 2024 | yearly | 1997 - 2024 |
| Silver Production (Metric Ton) | 2.322 2023 | yearly | 1986 - 2023 |
| Construction and Properties | Last | Frequency | Range |
|---|---|---|---|
| Building Permits (Unit) | 8,871.000 Oct 2025 | monthly | Oct 1979 - Oct 2025 |
| House Prices Growth (%) | 0.7 Nov 2025 | monthly | Jan 1987 - Nov 2025 |
| Nominal Residential Property Price Index (2010=100) | 142.394 Jun 2025 | quarterly | Mar 1975 - Jun 2025 |
| Nominal Residential Property Price Index Growth (%) | 0.108 Jun 2025 | quarterly | Mar 1976 - Jun 2025 |
| Real Residential Property Price Index (2010=100) | 105.734 Jun 2025 | quarterly | Mar 1975 - Jun 2025 |
| Real Residential Property Price Index Growth (%) | -1.903 Jun 2025 | quarterly | Mar 1976 - Jun 2025 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Sep 2025 | quarterly | Jun 2000 - Sep 2025 |
| Forecast: Government Expenditure (KRW bn) | 768,475.754 2030 | yearly | 1995 - 2030 |
| Forecast: Government Net Debt (KRW bn) | 2,010,487.869 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (KRW bn) | 736,053.817 2030 | yearly | 1995 - 2030 |
| Government Debt: % of GDP (%) | 47.0 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| National Government Debt (USD mn) | 896,321.5 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Tax Revenue (USD mn) | 28,881.029 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Consolidated Fiscal Balance (USD mn) | -7,001.194 Sep 2025 | monthly | Jul 1999 - Sep 2025 |
| Tax Revenue: % of GDP (%) | 14.8 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Employed Persons (Person) | 28,782,000.000 Oct 2025 | monthly | Jan 1983 - Oct 2025 |
| Forecast: Employment (Person mn) | 28.727 2024 | yearly | 1980 - 2024 |
| Forecast: Population (Person mn) | 51.305 2028 | yearly | 1980 - 2028 |
| Forecast: Unemployment Rate (%) | 2.800 2030 | yearly | 1980 - 2030 |
| Labour Force Participation Rate (%) | 64.8 Oct 2025 | monthly | Jun 1999 - Oct 2025 |
| Labour Productivity Growth (%) | 1.07 Sep 2025 | quarterly | Sep 1983 - Sep 2025 |
| Monthly Earnings (USD) | 3,110 Sep 2025 | monthly | Jan 2008 - Sep 2025 |
| Population (Person mn) | 51.8 2024 | yearly | 1956 - 2024 |
| Unemployment Rate (%) | 2.60 Oct 2025 | monthly | Jun 1999 - Oct 2025 |
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