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Research and development (R&D) expenses of the IT services industry in South Korea from 2014 to 2023 (in billion South Korean won)

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Sources

Release date

April 2025

Region

South Korea

Survey time period

2014 to 2023

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.68 U.S. dollars or 0.63 euros as of April 2025. 

Citation formats

IT services industry R&D expenses South Korea 2014-2023

Published by
Christy Tila,
Apr 30, 2025

In 2023, the research and development (R&D) expenses of the South Korean information technology (IT) services industry amounted to around billion South Korean won. This continued the steady growth in R&D expenses that had started in 2017.

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