Government expenditure on education, US$ in Republic of Korea

Republic of Korea: Government expenditure on education, US$ was 97,329 millions in 2022. ◆ Volatile

Latest (2022)
97,329 millions
Change on year
up 10.0%
World rank
10th
of 181 countries
All-time high
97,329 millions
in 2022
All-time low
307.44 millions
in 1970
Years of data
34
1970–2022

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

020.0k40.0k60.0k80.0k100.0k1970199620221970: 307.4 millions1971: 370.3 millions1972: 349.8 millions1973: 371.9 millions1975: 455.1 millions1976: 823.7 millions1977: 932.9 millions1979: 2.0k millions1980: 2.3k millions1981: 2.1k millions1982: 5.0k millions1983: 3.8k millions1984: 3.9k millions1985: 4.0k millions1986: 4.2k millions1987: 5.0k millions1988: 5.5k millions1989: 7.6k millions1990: 8.6k millions1991: 11.5k millions1992: 12.7k millions1993: 14.5k millions1994: 14.0k millions1995: 16.6k millions1998: 12.9k millions1999: 16.8k millions2015: 65.3k millions2016: 65.0k millions2017: 70.3k millions2018: 76.9k millions2019: 77.4k millions2020: 79.0k millions2021: 88.5k millions2022: 97.3k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Republic of Korea recorded 97,329 millions for government expenditure on education, us$ in 2022. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 10.0% on the previous year and up 49.0% over ten years.

Over the whole period, government expenditure on education, us$ in Republic of Korea peaked at 97,329 millions in 2022 and was at its lowest, 307.44 millions, in 1970.

That places Republic of Korea 10th out of 181 countries with data for 2022, putting it in the top 10%.

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

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

Annual values for Government expenditure on education, US$ (millions) in Republic of Korea, 1970 to 2022.
Year millions Change
1970 307.44 millions
1971 370.31 millions +20.5%
1972 349.85 millions -5.5%
1973 371.92 millions +6.3%
1975 455.13 millions +22.4%
1976 823.69 millions +81.0%
1977 932.87 millions +13.3%
1979 2,021 millions +116.6%
1980 2,262 millions +11.9%
1981 2,114 millions -6.5%
1982 4,960 millions +134.6%
1983 3,787 millions -23.6%
1984 3,906 millions +3.1%
1985 4,038 millions +3.4%
1986 4,248 millions +5.2%
1987 4,992 millions +17.5%
1988 5,484 millions +9.8%
1989 7,563 millions +37.9%
1990 8,611 millions +13.9%
1991 11,537 millions +34.0%
1992 12,720 millions +10.3%
1993 14,517 millions +14.1%
1994 13,994 millions -3.6%
1995 16,632 millions +18.9%
1998 12,911 millions -22.4%
1999 16,763 millions +29.8%
2015 65,301 millions +289.6%
2016 64,983 millions -0.5%
2017 70,251 millions +8.1%
2018 76,919 millions +9.5%
2019 77,364 millions +0.6%
2020 78,955 millions +2.1%
2021 88,490 millions +12.1%
2022 97,329 millions +10.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 704.03 millions 307.44 millions 2,021 millions 8
1980s 4,335 millions 2,114 millions 7,563 millions 10
1990s 13,460 millions 8,611 millions 16,763 millions 8
2010s 70,963 millions 64,983 millions 77,364 millions 5
2020s 88,258 millions 78,955 millions 97,329 millions 3

Countries ranked near Republic of Korea

  1. 7 India 123,832 millions compare
  2. 8 Brazil 109,683 millions compare
  3. 9 Canada 97,969 millions compare
  4. 11 Italy 85,588 millions compare
  5. 12 Australia 85,543 millions compare
  6. 13 Russian Federation 77,533 millions compare

See the full ranking of 181 places →

More education data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is government expenditure on education, us$ in Republic of Korea?
Government expenditure on education, us$ in Republic of Korea was 97,329 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, us$ recorded in Republic of Korea?
The highest recorded value was 97,329 millions in 2022.
What is the lowest government expenditure on education, us$ recorded in Republic of Korea?
The lowest recorded value was 307.44 millions in 1970.
How does Republic of Korea rank for government expenditure on education, us$?
Republic of Korea ranks 10th out of 181 countries with data for 2022.
Is government expenditure on education, us$ rising or falling in Republic of Korea?
Over the last ten years it is up 49.0%. 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, US$ (millions). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Government expenditure on education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
181 places, 4,294 data points, 1970–2025
Last refreshed

February 2026 Data Release