Capital expenditure as a percentage of total expenditure in public in Korea

Korea: Capital expenditure as a percentage of total expenditure in public was 16.2% in 2022. ▼ Falling

Latest (2022)
16.2%
Change on year
down 3.7%
World rank
17th
of 124 countries
All-time high
20.7%
in 1998
All-time low
13.8%
in 2016
Years of data
9
1998–2022

Capital expenditure as a percentage of total expenditure in public in Korea, 1998–2022

051015201998201020221998: 20.7 %1999: 17.8 %2016: 13.8 %2017: 15 %2018: 15.3 %2019: 17.3 %2020: 18.5 %2021: 16.8 %2022: 16.2 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

Korea recorded 16.2% for capital expenditure as a percentage of total expenditure in public in 2022.

That represents a change of down 3.7% on the previous year and up 17.4% over ten years.

Over the whole period, capital expenditure as a percentage of total expenditure in public in Korea peaked at 20.7% in 1998 and was at its lowest, 13.8%, in 2016.

That places Korea 17th out of 124 countries with data for 2022, putting it in the top quarter.

Capital expenditure as a percentage of total expenditure in public in Korea, year by year

Annual values for Capital expenditure as a percentage of total expenditure in public institutions (%) in Korea, 1998 to 2022.
Year % Change
1998 20.7%
1999 17.8% -13.9%
2016 13.8% -22.8%
2017 15.0% +9.0%
2018 15.3% +1.6%
2019 17.3% +13.5%
2020 18.5% +7.1%
2021 16.8% -9.5%
2022 16.2% -3.7%

Korea compared with similar countries

  • Korea's 16.2% is above the median for high income countries, which is 7.9%, 2.0× the median. (54 countries reporting)
  • Korea's 16.2% is above the median for East Asia & Pacific, which is 10.4%, 1.6× the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 19.3% 17.8% 20.7% 2
2010s 15.3% 13.8% 17.3% 4
2020s 17.2% 16.2% 18.5% 3

Countries ranked near Korea

  1. 14 Turks and Caicos Islands 18.8% compare
  2. 15 Hong Kong, China 18.2% compare
  3. 16 Albania 17.5% compare
  4. 18 Macau, China 15.8% compare
  5. 19 Côte d'Ivoire 15.6% compare
  6. 20 Lao People's Democratic Republic 15.0% compare

See the full ranking of 124 places →

More education data for Korea

All data for Korea →

Frequently asked questions

What is capital expenditure as a percentage of total expenditure in public in Korea?
Capital expenditure as a percentage of total expenditure in public in Korea was 16.2% in 2022, according to UNESCO Institute for Statistics.
What is the highest capital expenditure as a percentage of total expenditure in public recorded in Korea?
The highest recorded value was 20.7% in 1998.
What is the lowest capital expenditure as a percentage of total expenditure in public recorded in Korea?
The lowest recorded value was 13.8% in 2016.
How does Korea rank for capital expenditure as a percentage of total expenditure in public?
Korea ranks 17th out of 124 countries with data for 2022.
Is capital expenditure as a percentage of total expenditure in public rising or falling in Korea?
Over the last ten years it is up 17.4%. The long-run trend across the full record is falling.
Where does this Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Capital expenditure as a percentage of total expenditure in public institutions (%). Statizoid updates them automatically from the source API.

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Capital expenditure as a percentage of total expenditure in public in Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 14 September 2026, from https://education.statizoid.com/stat/capital-expenditure-as-a-percentage-of-total-expenditure-in-public-institutions-percent/korea-rep/

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About this data

Indicator
Capital expenditure as a percentage of total expenditure in public institutions (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
124 places, 1,684 data points, 1998–2024
Last refreshed

February 2026 Data Release