Government expenditure on tertiary education, constant US$ in South Korea
South Korea: Government expenditure on tertiary education, constant US$ was 13,947 millions in 2016. ◆ Volatile
Government expenditure on tertiary education, constant US$ in South Korea, 1970–2016
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
South Korea recorded 13,947 millions for government expenditure on tertiary education, constant us$ in 2016. That is the highest value across all 28 years on record.
The figure is up 2.2% on the previous year.
Over the whole period, government expenditure on tertiary education, constant us$ in South Korea peaked at 13,947 millions in 2016 and was at its lowest, 186.82 millions, in 1970.
That places South Korea 12th out of 153 countries with data for 2016, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Government expenditure on tertiary education, constant US$ in South Korea, year by year
| Year | millions | Change |
|---|---|---|
| 1970 | 186.82 millions | — |
| 1971 | 227.56 millions | +21.8% |
| 1972 | 208.03 millions | -8.6% |
| 1973 | 212.55 millions | +2.2% |
| 1975 | 238.96 millions | +12.4% |
| 1976 | 368.62 millions | +54.3% |
| 1977 | 268.67 millions | -27.1% |
| 1979 | 595.3 millions | +121.6% |
| 1980 | 635.8 millions | +6.8% |
| 1981 | 511.95 millions | -19.5% |
| 1982 | 3,393 millions | +562.8% |
| 1983 | 1,085 millions | -68.0% |
| 1984 | 1,202 millions | +10.8% |
| 1985 | 1,166 millions | -3.1% |
| 1986 | 1,100 millions | -5.6% |
| 1987 | 1,137 millions | +3.4% |
| 1988 | 953.42 millions | -16.1% |
| 1989 | 1,186 millions | +24.4% |
| 1990 | 1,238 millions | +4.4% |
| 1991 | 1,340 millions | +8.3% |
| 1992 | 1,453 millions | +8.4% |
| 1993 | 1,624 millions | +11.8% |
| 1994 | 1,373 millions | -15.4% |
| 1995 | 1,484 millions | +8.1% |
| 1998 | 2,470 millions | +66.4% |
| 1999 | 3,485 millions | +41.1% |
| 2015 | 13,640 millions | +291.4% |
| 2016 | 13,947 millions | +2.2% |
South Korea compared with similar countries
- South Korea's 13,947 millions is above the median for high income countries, which is 1,521 millions, 9.2× the median. (59 countries reporting)
- South Korea's 13,947 millions is above the median for East Asia & Pacific, which is 2,045 millions, 6.8× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Government expenditure on tertiary 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 |
|---|---|---|---|
| 1982 | +562.8% | 511.95 millions | 3,393 millions |
| 2015 | +291.4% | 3,485 millions | 13,640 millions |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 288.31 millions | 186.82 millions | 595.3 millions | 8 |
| 1980s | 1,237 millions | 511.95 millions | 3,393 millions | 10 |
| 1990s | 1,808 millions | 1,238 millions | 3,485 millions | 8 |
| 2010s | 13,794 millions | 13,640 millions | 13,947 millions | 2 |
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 tertiary education, constant us$ in South Korea?
- Government expenditure on tertiary education, constant us$ in South Korea was 13,947 millions in 2016, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, constant us$ recorded in South Korea?
- The highest recorded value was 13,947 millions in 2016.
- What is the lowest government expenditure on tertiary education, constant us$ recorded in South Korea?
- The lowest recorded value was 186.82 millions in 1970.
- How does South Korea rank for government expenditure on tertiary education, constant us$?
- South Korea ranks 12th out of 153 countries with data for 2016.
- Where does this South Korea data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant US$ (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 tertiary 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/