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Research and development expenditure in South Korea in 2023, by industry

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Sources

Release date

February 2025

Region

South Korea

Survey time period

2024

Number of respondents

70,655 institutions

Method of interview

Questionnaires and telephone interviews

Supplementary notes

1,000 South Korean won equals 0.72 U.S. dollars or 0.62 euros as of August 2025.

Figures have been rounded. 

Citation formats

R&D spending South Korea 2023, by industry

Published by Zeynep Dierks, Aug 8, 2025

In 2023, research and development (R&D) expenditure in the manufacturing industry amounted to about ** trillion South Korean won, which accounted for about ** percent of all R&D expenses in the country. The service sector followed with roughly ** trillion won.

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Statistics on " Research and development in South Korea "

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Other statistics that may interest you Research and development in South Korea

Overview

6

Expenditure

7

Workforce

6

Corporate R&D

5

Companies

4

Output

6

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Topics

Research and development in South KoreaHigher education in South KoreaAutomotive industry in South KoreaSemiconductor industry in South KoreaKey economic indicators of South Korea
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per month, billed annually 1
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