Government expenditure on education, PPP$ in South Korea

South Korea: Government expenditure on education, PPP$ was 87,812 millions in 2016. ◆ Volatile

Latest (2016)
87,812 millions
World rank
11th
of 163 countries
All-time high
87,812 millions
in 2016
All-time low
10,933 millions
in 1990
Years of data
9
1990–2016

Government expenditure on education, PPP$ in South Korea, 1990–2016

20.0k40.0k60.0k80.0k1990200320161990: 10.9k millions1991: 14.3k millions1992: 16.0k millions1993: 18.1k millions1994: 16.5k millions1995: 17.9k millions1998: 23.3k millions1999: 26.4k millions2016: 87.8k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2016, government expenditure on education, ppp$ in South Korea stood at 87,812 millions. That is the highest value across all 9 years on record.

Over the whole period, government expenditure on education, ppp$ in South Korea peaked at 87,812 millions in 2016 and was at its lowest, 10,933 millions, in 1990.

That places South Korea 11th out of 163 countries with data for 2016, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 17,930 millions 10,933 millions 26,398 millions 8
2010s 87,812 millions 87,812 millions 87,812 millions 1

Countries ranked near South Korea

  1. 8 Mexico 111,717 millions compare
  2. 9 Italy 102,317 millions compare
  3. 10 Indonesia 94,883 millions compare
  4. 12 Spain 77,589 millions compare
  5. 13 Canada 71,777 millions compare
  6. 14 Saudi Arabia 69,228 millions compare

See the full ranking of 163 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is government expenditure on education, ppp$ in South Korea?
Government expenditure on education, ppp$ in South Korea was 87,812 millions in 2016, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, ppp$ recorded in South Korea?
The highest recorded value was 87,812 millions in 2016.
What is the lowest government expenditure on education, ppp$ recorded in South Korea?
The lowest recorded value was 10,933 millions in 1990.
How does South Korea rank for government expenditure on education, ppp$?
South Korea ranks 11th out of 163 countries with data for 2016.
Where does this South Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
163 places, 2,668 data points, 1990–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers), in millions PPP$ (at purchasing power parity), in nominal value. 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$. 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/