Government expenditure on tertiary education, PPP$ in South Korea

South Korea: Government expenditure on tertiary education, PPP$ was 17,955 millions in 2016. ◆ Volatile

Latest (2016)
17,955 millions
Change on year
up 4.1%
World rank
13th
of 145 countries
All-time high
17,955 millions
in 2016
All-time low
1,063 millions
in 1990
Years of data
10
1990–2016

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

05.0k10.0k15.0k20.0k1990200320161990: 1.1k millions1991: 1.2k millions1992: 1.3k millions1993: 1.5k millions1994: 1.3k millions1995: 1.4k millions1998: 2.5k millions1999: 3.6k millions2015: 17.3k millions2016: 18.0k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, ppp$ in South Korea is 17,955 millions, measured in 2016. That is the highest value across all 10 years on record.

The figure is up 4.1% on the previous year.

Over the whole period, government expenditure on tertiary education, ppp$ in South Korea peaked at 17,955 millions in 2016 and was at its lowest, 1,063 millions, in 1990.

South Korea ranks 13th of 145 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,735 millions 1,063 millions 3,574 millions 8
2010s 17,603 millions 17,251 millions 17,955 millions 2

Countries ranked near South Korea

  1. 10 Canada 27,762 millions compare
  2. 11 Mexico 22,507 millions compare
  3. 12 Italy 19,012 millions compare
  4. 14 Spain 17,228 millions compare
  5. 15 Australia 15,484 millions compare
  6. 16 Netherlands 15,056 millions compare

See the full ranking of 145 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in South Korea?
Government expenditure on tertiary education, ppp$ in South Korea was 17,955 millions in 2016, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in South Korea?
The highest recorded value was 17,955 millions in 2016.
What is the lowest government expenditure on tertiary education, ppp$ recorded in South Korea?
The lowest recorded value was 1,063 millions in 1990.
How does South Korea rank for government expenditure on tertiary education, ppp$?
South Korea ranks 13th out of 145 countries with data for 2016.
Where does this South Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, PPP$ (millions). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 2,109 data points, 1984–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary 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/