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R&D Industry
Korea R&D Budget Size
The national R&D budget has grown to over 30 trillion won over the past 6 years.
Size of the government R&D budget by year
(Unit: trillion won, %)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023(p) | |
|---|---|---|---|---|---|---|
| R&D budget | 19.7 | 20.5 | 24.2 | 27.4 | 29.8 | 31.1 |
| R&D budget growth rate | 1.1 | 4.4 | 18.0 | 13.1 | 8.7 | 4.4 |
| Total expenditure growth rate | 7.1 | 9.5 | 9.1 | 8.9 | 8.3 | 5.2 |
| R&D as a percentage of total expenditure | 4.6 | 4.4 | 4.7 | 4.9 | 4.9 | 4.9 |
Government R&D Investment as a percentage of GDP by country (2022)
Korea ranks 1st in government R&D investment as a percentage of GDP and 2nd in total R&D investment in the world
| 국가 | R&D투자(억$) | GDP 대비(%) |
|---|---|---|
| 독일 | 456 | 0.98 |
| 일본 | 409.4 | 0.77 |
| 한국 | 240.1 | 1.09 |
| 국가 | R&D투자(억$) | GDP 대비(%) |
|---|---|---|
| 독일 | 1226.3 | 3.12 |
| 일본 | 1647.1 | 3.24 |
| 한국 | 764.1 | 4.64 |
The Direction of Government R&D Investment in 2023
7 R&D-focused investment plan industry sectors
Zoom in
- 감염병(백신개발, 백신허브 구축)
- 국민안전(재난대응, 생활안전, 식량안보)
- 한국판 뉴딜(디지털 그린+탄소중립)
- BIG3+(시스템반도체, 바이오헬스, 미래차)
- 소재. 부품. 장비
- 우주.항공
- Next D.N.A(AI + 양자, 6G, 크라우드. 메타버스)
Number of R&D paper and patent
Achievements through R&D such as the number of SCIE papers and domestic and international patent application
Display
OLED market share(2022) : 71%
Display market share
| Nation | 2017 | 2018 | 2019 | 2020 | 2021 | 2022(上) |
|---|---|---|---|---|---|---|
| China | 21.0 | 25.0 | 30.9 | 36.7 | 41.3 | 42.5 |
| South Korea | 44.4 | 42.6 | 40.4 | 36.8 | 33.3 | 36.9 |
| Taiwan | 22.9 | 24.5 | 21.9 | 22.5 | 23.1 | 18.2 |
| Japan | 10.8 | 6.7 | 5.9 | 3.6 | 1.9 | 2.1 |
| Etc. | 0.9 | 1.2 | 1.0 | 0.5 | 0.4 | 0.3 |
R&D Ecosystem in Seoul
Seoul's Excellent R&D Industry
Seoul continues to invest money and workforce in R&D to develop excellent industries and to support R&D for each base, and strive for the 4th industrial revolution and economic revitalization.
-
Total R&D investment in Seoul in 2023
KRW 38.1 billion -
Seoul R&D manpower
190,617 people
in 2020 -
Revitalization of R&D industry by cluster
Yangjae(AI)
Suseo(Robot)
Hongneung(Bio·Medical)
Yeouido·Mapo
(Fintech·Blockchain) -
Number of R&D
14,439 organizations
Organizations in Seoul
in 2020