Government expenditure on education, PPP$ in Republic of Korea

Republic of Korea: Government expenditure on education, PPP$ was 155,150 millions in 2022. ◆ Volatile

Latest (2022)
155,150 millions
Change on year
up 27.2%
World rank
9th
of 169 countries
All-time high
155,150 millions
in 2022
All-time low
10,828 millions
in 1990
Years of data
16
1990–2022

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

050.0k100.0k150.0k1990200620221990: 10.8k millions1991: 14.2k millions1992: 15.9k millions1993: 17.9k millions1994: 16.4k millions1995: 17.8k millions1998: 23.3k millions1999: 26.4k millions2015: 86.1k millions2016: 87.8k millions2017: 91.1k millions2018: 99.0k millions2019: 106.4k millions2020: 112.4k millions2021: 122.0k millions2022: 155.2k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on education, ppp$ in Republic of Korea is 155,150 millions, measured in 2022. That is the highest value across all 16 years on record.

That represents a change of up 27.2% on the previous year and up 80.1% over ten years.

Over the whole period, government expenditure on education, ppp$ in Republic of Korea peaked at 155,150 millions in 2022 and was at its lowest, 10,828 millions, in 1990.

Republic of Korea ranks 9th of 169 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, PPP$ in Republic of Korea, year by year

Annual values for Government expenditure on education, PPP$ (millions) in Republic of Korea, 1990 to 2022.
Year millions Change
1990 10,828 millions
1991 14,250 millions +31.6%
1992 15,876 millions +11.4%
1993 17,947 millions +13.1%
1994 16,362 millions -8.8%
1995 17,808 millions +8.8%
1998 23,315 millions +30.9%
1999 26,398 millions +13.2%
2015 86,127 millions +226.3%
2016 87,830 millions +2.0%
2017 91,051 millions +3.7%
2018 98,989 millions +8.7%
2019 106,373 millions +7.5%
2020 112,362 millions +5.6%
2021 121,981 millions +8.6%
2022 155,150 millions +27.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 17,848 millions 10,828 millions 26,398 millions 8
2010s 94,074 millions 86,127 millions 106,373 millions 5
2020s 129,831 millions 112,362 millions 155,150 millions 3

Countries ranked near Republic of Korea

  1. 6 France 203,601 millions compare
  2. 7 Russian Federation 197,974 millions compare
  3. 8 United Kingdom of Great Britain and Northern Ireland 190,145 millions compare
  4. 10 Italy 135,024 millions compare
  5. 11 Mexico 122,078 millions compare
  6. 12 Spain 110,588 millions compare

See the full ranking of 169 places →

More education data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is government expenditure on education, ppp$ in Republic of Korea?
Government expenditure on education, ppp$ in Republic of Korea was 155,150 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, ppp$ recorded in Republic of Korea?
The highest recorded value was 155,150 millions in 2022.
What is the lowest government expenditure on education, ppp$ recorded in Republic of Korea?
The lowest recorded value was 10,828 millions in 1990.
How does Republic of Korea rank for government expenditure on education, ppp$?
Republic of Korea ranks 9th out of 169 countries with data for 2022.
Is government expenditure on education, ppp$ rising or falling in Republic of Korea?
Over the last ten years it is up 80.1%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on education, 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-ppp-millions-2/korea-rep/

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About this data

Indicator
Government expenditure on education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
169 places, 3,096 data points, 1990–2025
Last refreshed

February 2026 Data Release