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According to the Organisation for Economic Co-operation and Development, ″Gross domestic spending on R&D is defined as the total expenditure (current and capital) on R&D carried out by all resident companies, research institutes, university and government laboratories, etc., in a country.
Due to the growing perceived threat of North Korea, South Korea is increasing defense spending. [14] In 2019, South Korea is expected to increase spending by the largest amount in 11 years. [14] Hanwha Techwin is a leading South Korean company manufacturing defense products, security devices, engines, digital solutions, and integrated control ...
South Korea: Computing and Electronics 12.7 5 Volkswagen Group Germany: Automotive 12.1 6 Microsoft United States: Software and Internet 12.0 7 Roche Holding Switzerland: Health Care 11.4 8 Merck & Co. United States: Health Care 10.1 9 Apple Inc. United States: Computing and Electronics 10.0 10 Novartis Switzerland: Health Care 9.6 11 Toyota Japan
SEOUL (Reuters) -South Korea's opposition-controlled parliament on Tuesday passed a government budget bill for 2025 that was slashed from the government's proposal and triggered President Yoon Suk ...
Excluding extra budgets, South Korea's 2023 spending will grow by 5.2%, the slowest since 2017. ... Unveiling the first budget proposal under right-leaning President Yoon Suk-yeol, the finance ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
List of countries by government budget; List of countries by government budget per capita; List of countries by tax revenue to GDP ratio; Europe: List of sovereign states in Europe by budget revenues; List of sovereign states in Europe by budget revenues per capita; United States: List of U.S. state budgets
South Korea is a key US ally in the Indo-Pacific region and is a base for roughly 28,500 American service members, as well as numerous civilian workers and dependents.