Government expenditure on education, constant US$ in South Korea
South Korea: Government expenditure on education, constant US$ was 68,210 millions in 2016. ◆ Volatile
Government expenditure on education, constant US$ in South Korea, 1970–2016
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
The most recent figure for government expenditure on education, constant us$ in South Korea is 68,210 millions, measured in 2016. That is the highest value across all 27 years on record.
Over the whole period, government expenditure on education, constant us$ in South Korea peaked at 68,210 millions in 2016 and was at its lowest, 2,234 millions, in 1975.
South Korea ranks 9th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Government expenditure on education, constant US$ in South Korea, year by year
| Year | millions | Change |
|---|---|---|
| 1970 | 2,270 millions | — |
| 1971 | 2,749 millions | +21.1% |
| 1972 | 2,538 millions | -7.7% |
| 1973 | 2,427 millions | -4.4% |
| 1975 | 2,234 millions | -7.9% |
| 1976 | 3,335 millions | +49.3% |
| 1977 | 3,300 millions | -1.0% |
| 1979 | 4,951 millions | +50.0% |
| 1980 | 5,579 millions | +12.7% |
| 1981 | 5,014 millions | -10.1% |
| 1982 | 11,863 millions | +136.6% |
| 1983 | 9,170 millions | -22.7% |
| 1984 | 9,409 millions | +2.6% |
| 1985 | 10,098 millions | +7.3% |
| 1986 | 10,254 millions | +1.5% |
| 1987 | 10,726 millions | +4.6% |
| 1988 | 9,781 millions | -8.8% |
| 1989 | 11,674 millions | +19.4% |
| 1990 | 12,727 millions | +9.0% |
| 1991 | 16,189 millions | +27.2% |
| 1992 | 17,630 millions | +8.9% |
| 1993 | 19,469 millions | +10.4% |
| 1994 | 17,368 millions | -10.8% |
| 1995 | 18,516 millions | +6.6% |
| 1998 | 23,087 millions | +24.7% |
| 1999 | 25,744 millions | +11.5% |
| 2016 | 68,210 millions | +165.0% |
South Korea compared with similar countries
- South Korea's 68,210 millions is above the median for high income countries, which is 6,584 millions, 10.4× the median. (60 countries reporting)
- South Korea's 68,210 millions is above the median for East Asia & Pacific, which is 3,261 millions, 20.9× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Government expenditure on education, constant US$ in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +165.0% | 25,744 millions | 68,210 millions |
| 1982 | +136.6% | 5,014 millions | 11,863 millions |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,976 millions | 2,234 millions | 4,951 millions | 8 |
| 1980s | 9,357 millions | 5,014 millions | 11,863 millions | 10 |
| 1990s | 18,841 millions | 12,727 millions | 25,744 millions | 8 |
| 2010s | 68,210 millions | 68,210 millions | 68,210 millions | 1 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is government expenditure on education, constant us$ in South Korea?
- Government expenditure on education, constant us$ in South Korea was 68,210 millions in 2016, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, constant us$ recorded in South Korea?
- The highest recorded value was 68,210 millions in 2016.
- What is the lowest government expenditure on education, constant us$ recorded in South Korea?
- The lowest recorded value was 2,234 millions in 1975.
- How does South Korea rank for government expenditure on education, constant us$?
- South Korea ranks 9th out of 167 countries with data for 2016.
- Where does this South Korea data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant US$ (millions). Statizoid updates them automatically from the source API.
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About this data
Total general (local, regional and central) government expenditure on education (current, capital, and transfers) in millions US$ 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 US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ 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/