Australia vs Republic of Korea: Government expenditure on tertiary education, PPP$

Australia
17,541 millions
in 2022
Republic of Korea
24,800 millions
in 2022
Australia rank
16th
Republic of Korea rank
13th

Government expenditure on tertiary education, PPP$ over time

  • Australia
  • Republic of Korea
05.0k10.0k15.0k20.0k25.0k199020062022

How they compare

Republic of Korea currently reports 24,800 millions against 17,541 millions in Australia, a difference of 7,259 millions.

That makes Republic of Korea's figure about 1.4 times Australia's.

The two have swapped places 1 time across 5 shared years of data; in 1991 it was Australia ahead.

Australia ranks 16th and Republic of Korea ranks 13th of 148 countries.

Across the 2 decades both report, Australia averaged higher in 1 and Republic of Korea in 1.

Head to head by decade

Decade Australia Republic of Korea Difference Ahead
1990s 4,759 millions 1,320 millions 3,439 millions Australia
2020s 17,541 millions 24,800 millions 7,259 millions Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on tertiary education, ppp$, Australia or Republic of Korea?
Republic of Korea, at 24,800 millions against 17,541 millions in Australia as of 2022.
What is the difference in government expenditure on tertiary education, ppp$ between Australia and Republic of Korea?
7,259 millions, with Republic of Korea ahead.
How many years of comparable data are there for Australia and Republic of Korea?
5 years are reported by both, from 1991 to 2022.
How do Australia and Republic of Korea rank globally for government expenditure on tertiary education, ppp$?
Australia ranks 16th and Republic of Korea ranks 13th of 148 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Government expenditure on tertiary education, PPP$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Republic of Korea: Government expenditure on tertiary education, PPP$. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 01 September 2026, from https://education.statizoid.com/compare/government-expenditure-on-tertiary-education-ppp-millions-2/australia/korea-rep/

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About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
148 places, 2,498 data points, 1984–2024
Last refreshed

February 2026 Data Release