Europe vs Republic of Korea: Total Expenditure in Agricultural R&D (US$, 2015 prices)
Total Expenditure in Agricultural R&D (US$, 2015 prices) over time
- Europe
- Republic of Korea
How they compare
Europe currently reports 7,927 million USD against 1,076 million USD in Republic of Korea, a difference of 6,851 million USD.
That makes Europe's figure about 7.4 times Republic of Korea's.
Across all 20 years both countries report, Europe has been ahead every year.
Europe ranks 5th and Republic of Korea ranks 7th of 26 groups.
Europe has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6,368 million USD | 572.46 million USD | 5,796 million USD | Europe |
| 2010s | 6,790 million USD | 858 million USD | 5,932 million USD | Europe |
| 2020s | 7,484 million USD | 1,044 million USD | 6,440 million USD | Europe |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure in agricultural r&d (us$, 2015 prices), Europe or Republic of Korea?
- Europe, at 7,927 million USD against 1,076 million USD in Republic of Korea as of 2023.
- What is the difference in total expenditure in agricultural r&d (us$, 2015 prices) between Europe and Republic of Korea?
- 6,851 million USD, with Europe ahead.
- How many years of comparable data are there for Europe and Republic of Korea?
- 20 years are reported by both, from 2004 to 2023.
- How do Europe and Republic of Korea rank globally for total expenditure in agricultural r&d (us$, 2015 prices)?
- Europe ranks 5th and Republic of Korea ranks 7th of 26 groups.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure in Agricultural R&D (US$, 2015 prices) — Government, Higher Education and Private Non-profit. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.