Current expenditure as a percentage of total expenditure in tertiary in Republic of Korea

Republic of Korea: Current expenditure as a percentage of total expenditure in tertiary was 87.3% in 2022. ▲ Rising

Latest (2022)
87.3%
Change on year
up 1.1%
World rank
81st
of 113 countries
All-time high
87.8%
in 2016
All-time low
66.0%
in 1998
Years of data
10
1998–2022

Current expenditure as a percentage of total expenditure in tertiary in Republic of Korea, 1998–2022

0204060801998201020221998: 66 %1999: 68.5 %2015: 87.1 %2016: 87.8 %2017: 86.9 %2018: 86.9 %2019: 86.4 %2020: 84.4 %2021: 86.4 %2022: 87.3 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

Republic of Korea recorded 87.3% for current expenditure as a percentage of total expenditure in tertiary in 2022.

Compared with earlier readings it is up 1.1% on the previous year and up 0.3% over ten years.

Over the whole period, current expenditure as a percentage of total expenditure in tertiary in Republic of Korea peaked at 87.8% in 2016 and was at its lowest, 66.0%, in 1998.

That places Republic of Korea 81st out of 113 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 10 years of available data.

Current expenditure as a percentage of total expenditure in tertiary in Republic of Korea, year by year

Annual values for Current expenditure as a percentage of total expenditure in tertiary public institutions (%) in Republic of Korea, 1998 to 2022.
Year % Change
1998 66.0%
1999 68.5% +3.8%
2015 87.1% +27.1%
2016 87.8% +0.9%
2017 86.9% -1.1%
2018 86.9% +0.1%
2019 86.4% -0.6%
2020 84.4% -2.3%
2021 86.4% +2.4%
2022 87.3% +1.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 67.2% 66.0% 68.5% 2
2010s 87.0% 86.4% 87.8% 5
2020s 86.0% 84.4% 87.3% 3

Countries ranked near Republic of Korea

  1. 78 Poland 87.8% compare
  2. 79 Philippines 87.5% compare
  3. 80 Latvia 87.4% compare
  4. 82 Japan 87.3% compare
  5. 83 Türkiye 86.8% compare
  6. 84 Spain 85.9% compare

See the full ranking of 113 places →

More education data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is current expenditure as a percentage of total expenditure in tertiary in Republic of Korea?
Current expenditure as a percentage of total expenditure in tertiary in Republic of Korea was 87.3% in 2022, according to UNESCO Institute for Statistics.
What is the highest current expenditure as a percentage of total expenditure in tertiary recorded in Republic of Korea?
The highest recorded value was 87.8% in 2016.
What is the lowest current expenditure as a percentage of total expenditure in tertiary recorded in Republic of Korea?
The lowest recorded value was 66.0% in 1998.
How does Republic of Korea rank for current expenditure as a percentage of total expenditure in tertiary?
Republic of Korea ranks 81st out of 113 countries with data for 2022.
Is current expenditure as a percentage of total expenditure in tertiary rising or falling in Republic of Korea?
Over the last ten years it is up 0.3%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Current expenditure as a percentage of total expenditure in tertiary public institutions (%). Statizoid updates them automatically from the source API.

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Current expenditure as a percentage of total expenditure in tertiary in Republic of Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 07 September 2026, from https://education.statizoid.com/stat/current-expenditure-as-a-percentage-of-total-expenditure-in-tertiary-public-institutions/korea-rep/

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About this data

Indicator
Current expenditure as a percentage of total expenditure in tertiary public institutions (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
113 places, 1,590 data points, 1998–2024
Last refreshed

February 2026 Data Release