South Korea GERD Performed: Business Enterprise Sector

South Korea GERD Performed: Business Enterprise Sector data was reported at 79.383 % in 2022. This records an increase from the previous number of 79.118 % for 2021. South Korea GERD Performed: Business Enterprise Sector data is updated yearly, averaging 76.625 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 80.302 % in 2019 and a record low of 70.321 % in 1998. South Korea GERD Performed: Business Enterprise Sector 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.

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