Information services industry R&D expenses South Korea 2014-2023

Published by
Jang Seob Yoon,
Apr 30, 2025

In 2023, the research and development (R&D) expenses of the South Korean information services industry increased to an approximate amount of 411.6 billion South Korean won. There had been a steady increase in R&D expenses in the industry since 2015.

Research and development (R&D) expenses of the information services industry in South Korea from 2014 to 2023 (in billion South Korean won)

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Release date

April 2025

Region

South Korea

Survey time period

2014 to 2023

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.68 U.S. dollars or 0.63 euros as of April 2025. 

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