Government expenditure on education, constant PPP$ in Republic of Korea

Republic of Korea: Government expenditure on education, constant PPP$ was 158,139 millions in 2022. ◆ Volatile

Latest (2022)
158,139 millions
Change on year
up 22.0%
World rank
9th
of 166 countries
All-time high
158,139 millions
in 2022
All-time low
19,316 millions
in 1990
Years of data
16
1990–2022

Government expenditure on education, constant PPP$ in Republic of Korea, 1990–2022

050.0k100.0k150.0k1990200620221990: 19.3k millions1991: 24.6k millions1992: 26.8k millions1993: 29.6k millions1994: 26.4k millions1995: 28.1k millions1998: 35.2k millions1999: 39.3k millions2015: 103.2k millions2016: 103.3k millions2017: 106.6k millions2018: 112.9k millions2019: 121.0k millions2020: 123.2k millions2021: 129.7k millions2022: 158.1k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2022, government expenditure on education, constant ppp$ in Republic of Korea stood at 158,139 millions. That is the highest value across all 16 years on record.

The figure is up 22.0% on the previous year and up 53.3% over ten years.

Over the whole period, government expenditure on education, constant ppp$ in Republic of Korea peaked at 158,139 millions in 2022 and was at its lowest, 19,316 millions, in 1990.

Republic of Korea ranks 9th of 166 countries on this measure, in the top 10%.

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

Government expenditure on education, constant PPP$ in Republic of Korea, year by year

Annual values for Government expenditure on education, constant PPP$ (millions) in Republic of Korea, 1990 to 2022.
Year millions Change
1990 19,316 millions
1991 24,588 millions +27.3%
1992 26,782 millions +8.9%
1993 29,577 millions +10.4%
1994 26,401 millions -10.7%
1995 28,143 millions +6.6%
1998 35,176 millions +25.0%
1999 39,271 millions +11.6%
2015 103,176 millions +162.7%
2016 103,251 millions +0.1%
2017 106,606 millions +3.2%
2018 112,903 millions +5.9%
2019 121,041 millions +7.2%
2020 123,157 millions +1.7%
2021 129,658 millions +5.3%
2022 158,139 millions +22.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 28,657 millions 19,316 millions 39,271 millions 8
2010s 109,395 millions 103,176 millions 121,041 millions 5
2020s 136,985 millions 123,157 millions 158,139 millions 3

Countries ranked near Republic of Korea

  1. 6 Brazil 243,349 millions compare
  2. 7 France 210,069 millions compare
  3. 8 United Kingdom of Great Britain and Northern Ireland 205,379 millions compare
  4. 10 Italy 137,941 millions compare
  5. 11 Mexico 126,740 millions compare
  6. 12 Canada 115,097 millions compare

See the full ranking of 166 places →

More education data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is government expenditure on education, constant ppp$ in Republic of Korea?
Government expenditure on education, constant ppp$ in Republic of Korea was 158,139 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant ppp$ recorded in Republic of Korea?
The highest recorded value was 158,139 millions in 2022.
What is the lowest government expenditure on education, constant ppp$ recorded in Republic of Korea?
The lowest recorded value was 19,316 millions in 1990.
How does Republic of Korea rank for government expenditure on education, constant ppp$?
Republic of Korea ranks 9th out of 166 countries with data for 2022.
Is government expenditure on education, constant ppp$ rising or falling in Republic of Korea?
Over the last ten years it is up 53.3%. The long-run trend across the full record is volatile.
Where does this Republic of Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on education, constant PPP$ in Republic of Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 24 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-constant-ppp-millions-2/korea-rep/

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About this data

Indicator
Government expenditure on education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,074 data points, 1990–2025
Last refreshed

February 2026 Data Release