Expenditure in Agricultural R&D as Share of Agricultural Value Added in Republic of Korea
Republic of Korea: Expenditure in Agricultural R&D as Share of Agricultural Value Added was 3.95 % in 2023. ▲ Rising
Expenditure in Agricultural R&D as Share of Agricultural Value Added in Republic of Korea, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for expenditure in agricultural r&d as share of agricultural value added in Republic of Korea is 3.95 %, measured in 2023. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 43.6% over ten years.
Over the whole period, expenditure in agricultural r&d as share of agricultural value added in Republic of Korea peaked at 3.95 % in 2022 and was at its lowest, 1.61 %, in 2004.
That places Republic of Korea 5th out of 96 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Expenditure in Agricultural R&D as Share of Agricultural Value Added in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 1.61 % | — |
| 2005 | 1.72 % | +6.8% |
| 2006 | 1.91 % | +11.0% |
| 2007 | 2.27 % | +18.8% |
| 2008 | 2.72 % | +19.8% |
| 2009 | 2.77 % | +1.8% |
| 2010 | 2.87 % | +3.6% |
| 2011 | 2.73 % | -4.9% |
| 2012 | 2.64 % | -3.3% |
| 2013 | 2.75 % | +4.2% |
| 2014 | 3.11 % | +13.1% |
| 2015 | 3.04 % | -2.3% |
| 2016 | 3.2 % | +5.3% |
| 2017 | 3.26 % | +1.9% |
| 2018 | 3.47 % | +6.4% |
| 2019 | 3.5 % | +0.9% |
| 2020 | 3.6 % | +2.9% |
| 2021 | 3.55 % | -1.4% |
| 2022 | 3.95 % | +11.3% |
| 2023 | 3.95 % | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.17 % | 1.61 % | 2.77 % | 6 |
| 2010s | 3.06 % | 2.64 % | 3.5 % | 10 |
| 2020s | 3.76 % | 3.55 % | 3.95 % | 4 |
Countries ranked near Republic of Korea
- 2 Trinidad and Tobago 6.33 % compare
- 3 Saint Kitts and Nevis 5.37 % compare
- 4 Mauritius 4.73 % compare
- 6 Slovenia 3.69 % compare
- 7 Antigua and Barbuda 3.61 % compare
- 8 Australia 2.87 % compare
More agriculture & rural data for Republic of Korea
- Meat of goat, fresh or chilled — Producing Animals/Slaughtered 1.61 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Yield/Carcass Weight, annual growth 0 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Production, annual growth rate -11.22 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Producing Animals/Slaughtered -11.32 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Area harvested 7.71 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Yield, annual -6.96 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Production, annual 0.2072 % change on previous year (2024)
- Other fruits, n.e.c. — Area harvested, annual growth rate 3.46 % change on previous year (2024)
- Other fruits, n.e.c. — Yield, annual growth rate 15.14 % change on previous year (2024)
- Other fruits, n.e.c. — Production, annual growth rate 19.13 % change on previous year (2024)
Frequently asked questions
- What is expenditure in agricultural r&d as share of agricultural value added in Republic of Korea?
- Expenditure in agricultural r&d as share of agricultural value added in Republic of Korea was 3.95 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest expenditure in agricultural r&d as share of agricultural value added recorded in Republic of Korea?
- The highest recorded value was 3.95 % in 2022.
- What is the lowest expenditure in agricultural r&d as share of agricultural value added recorded in Republic of Korea?
- The lowest recorded value was 1.61 % in 2004.
- How does Republic of Korea rank for expenditure in agricultural r&d as share of agricultural value added?
- Republic of Korea ranks 5th out of 96 countries with data for 2023.
- Is expenditure in agricultural r&d as share of agricultural value added rising or falling in Republic of Korea?
- Over the last ten years it is up 43.6%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Expenditure in Agricultural R&D as Share of Agricultural Value Added (Standard Local Currency) — Government, Higher Education and Private Non-profit. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.