Australia vs Korea: Government expenditure on tertiary education, constant PPP$
Government expenditure on tertiary education, constant PPP$ over time
- Australia
- Korea
How they compare
Korea currently reports 18,087 millions against 15,484 millions in Australia, a difference of 2,603 millions.
That makes Korea's figure about 1.2 times Australia's.
The two have swapped places 1 time across 7 shared years of data; in 1991 it was Australia ahead.
Australia ranks 16th and Korea ranks 14th of 144 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Korea in 1.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8,056 millions | 1,887 millions | 6,169 millions | Australia |
| 2010s | 17,082 millions | 17,888 millions | 805.9 millions | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government expenditure on tertiary education, constant ppp$, Australia or Korea?
- Korea, at 18,087 millions against 15,484 millions in Australia as of 2016.
- What is the difference in government expenditure on tertiary education, constant ppp$ between Australia and Korea?
- 2,603 millions, with Korea ahead.
- How many years of comparable data are there for Australia and Korea?
- 7 years are reported by both, from 1991 to 2016.
- How do Australia and Korea rank globally for government expenditure on tertiary education, constant ppp$?
- Australia ranks 16th and Korea ranks 14th of 144 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as Government expenditure on tertiary education, constant PPP$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), in millions PPP$ (at purchasing power parity) in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to PPP$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant PPP$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/