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

Republic of Korea: Government expenditure on education, constant US$ was 98,232 millions in 2022. ◆ Volatile

Latest (2022)
98,232 millions
Change on year
up 22.0%
World rank
10th
of 174 countries
All-time high
98,232 millions
in 2022
All-time low
2,105 millions
in 1975
Years of data
34
1970–2022

Government expenditure on education, constant US$ in Republic of Korea, 1970–2022

020.0k40.0k60.0k80.0k100.0k1970199620221970: 2.1k millions1971: 2.6k millions1972: 2.4k millions1973: 2.3k millions1975: 2.1k millions1976: 3.1k millions1977: 3.1k millions1979: 4.7k millions1980: 5.3k millions1981: 4.7k millions1982: 11.2k millions1983: 8.7k millions1984: 8.9k millions1985: 9.5k millions1986: 9.7k millions1987: 10.1k millions1988: 9.2k millions1989: 11.0k millions1990: 12.0k millions1991: 15.3k millions1992: 16.6k millions1993: 18.4k millions1994: 16.4k millions1995: 17.5k millions1998: 21.9k millions1999: 24.4k millions2015: 64.1k millions2016: 64.1k millions2017: 66.2k millions2018: 70.1k millions2019: 75.2k millions2020: 76.5k millions2021: 80.5k millions2022: 98.2k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2022, government expenditure on education, constant us$ in Republic of Korea stood at 98,232 millions. That is the highest value across all 34 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 us$ in Republic of Korea peaked at 98,232 millions in 2022 and was at its lowest, 2,105 millions, in 1975.

Republic of Korea ranks 10th of 174 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 US$ in Republic of Korea, year by year

Annual values for Government expenditure on education, constant US$ (millions) in Republic of Korea, 1970 to 2022.
Year millions Change
1970 2,143 millions
1971 2,593 millions +21.0%
1972 2,394 millions -7.7%
1973 2,286 millions -4.5%
1975 2,105 millions -7.9%
1976 3,143 millions +49.3%
1977 3,110 millions -1.0%
1979 4,669 millions +50.1%
1980 5,265 millions +12.8%
1981 4,735 millions -10.1%
1982 11,200 millions +136.5%
1983 8,653 millions -22.7%
1984 8,870 millions +2.5%
1985 9,516 millions +7.3%
1986 9,655 millions +1.5%
1987 10,094 millions +4.5%
1988 9,211 millions -8.7%
1989 11,003 millions +19.5%
1990 11,999 millions +9.1%
1991 15,273 millions +27.3%
1992 16,637 millions +8.9%
1993 18,372 millions +10.4%
1994 16,400 millions -10.7%
1995 17,482 millions +6.6%
1998 21,850 millions +25.0%
1999 24,394 millions +11.6%
2015 64,091 millions +162.7%
2016 64,137 millions +0.1%
2017 66,221 millions +3.2%
2018 70,133 millions +5.9%
2019 75,188 millions +7.2%
2020 76,502 millions +1.7%
2021 80,541 millions +5.3%
2022 98,232 millions +22.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2,805 millions 2,105 millions 4,669 millions 8
1980s 8,820 millions 4,735 millions 11,200 millions 10
1990s 17,801 millions 11,999 millions 24,394 millions 8
2010s 67,954 millions 64,091 millions 75,188 millions 5
2020s 85,092 millions 76,502 millions 98,232 millions 3

Countries ranked near Republic of Korea

  1. 7 Japan 122,229 millions compare
  2. 8 Brazil 119,259 millions compare
  3. 9 Canada 101,843 millions compare
  4. 11 Italy 93,080 millions compare
  5. 12 Russian Federation 89,691 millions compare
  6. 13 Australia 84,516 millions compare

See the full ranking of 174 places →

More education data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is government expenditure on education, constant us$ in Republic of Korea?
Government expenditure on education, constant us$ in Republic of Korea was 98,232 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant us$ recorded in Republic of Korea?
The highest recorded value was 98,232 millions in 2022.
What is the lowest government expenditure on education, constant us$ recorded in Republic of Korea?
The lowest recorded value was 2,105 millions in 1975.
How does Republic of Korea rank for government expenditure on education, constant us$?
Republic of Korea ranks 10th out of 174 countries with data for 2022.
Is government expenditure on education, constant us$ 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 US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on education, constant US$ in Republic of Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-constant-us-millions-2/korea-rep/

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About this data

Indicator
Government expenditure on education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
174 places, 4,161 data points, 1970–2025
Last refreshed

February 2026 Data Release