Government expenditure on tertiary education, constant PPP$ in Republic of Korea
Republic of Korea: Government expenditure on tertiary education, constant PPP$ was 25,278 millions in 2022. ◆ Volatile
Government expenditure on tertiary education, constant PPP$ in Republic of Korea, 1990–2022
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
The most recent figure for government expenditure on tertiary education, constant ppp$ in Republic of Korea is 25,278 millions, measured in 2022. That is the highest value across all 16 years on record.
The figure is up 3.5% on the previous year and up 22.3% over ten years.
Over the whole period, government expenditure on tertiary education, constant ppp$ in Republic of Korea peaked at 25,278 millions in 2022 and was at its lowest, 1,878 millions, in 1990.
Republic of Korea ranks 14th of 146 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 tertiary education, constant PPP$ in Republic of Korea, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 1,878 millions | — |
| 1991 | 2,036 millions | +8.4% |
| 1992 | 2,207 millions | +8.4% |
| 1993 | 2,467 millions | +11.7% |
| 1994 | 2,087 millions | -15.4% |
| 1995 | 2,256 millions | +8.1% |
| 1998 | 3,764 millions | +66.8% |
| 1999 | 5,317 millions | +41.3% |
| 2015 | 20,663 millions | +288.7% |
| 2016 | 21,112 millions | +2.2% |
| 2017 | 20,857 millions | -1.2% |
| 2018 | 22,039 millions | +5.7% |
| 2019 | 21,122 millions | -4.2% |
| 2020 | 23,517 millions | +11.3% |
| 2021 | 24,430 millions | +3.9% |
| 2022 | 25,278 millions | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,751 millions | 1,878 millions | 5,317 millions | 8 |
| 2010s | 21,158 millions | 20,663 millions | 22,039 millions | 5 |
| 2020s | 24,408 millions | 23,517 millions | 25,278 millions | 3 |
Countries ranked near Republic of Korea
More education data for Republic of Korea
- Start of the academic school year (tertiary education), gaps filled 2,024 tertiary education (2024)
- Start of the academic school year (tertiary education), annual growth 0.0494 % change on previous year (2024)
- Primary education, teachers, gaps filled 173,133 (2024)
- Duration of pre primary education, annual growth rate 0 % change on previous year (2025)
- Duration of pre primary education 3 (2025)
- Official entrance age to pre primary education 3 (2025)
- Population ages 15-64 69.5% (2025)
- Population ages 0-14 10.2% (2025)
- Lower secondary school starting age 12 years (2025)
- Primary school starting age 6 years (2025)
Frequently asked questions
- What is government expenditure on tertiary education, constant ppp$ in Republic of Korea?
- Government expenditure on tertiary education, constant ppp$ in Republic of Korea was 25,278 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, constant ppp$ recorded in Republic of Korea?
- The highest recorded value was 25,278 millions in 2022.
- What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Republic of Korea?
- The lowest recorded value was 1,878 millions in 1990.
- How does Republic of Korea rank for government expenditure on tertiary education, constant ppp$?
- Republic of Korea ranks 14th out of 146 countries with data for 2022.
- Is government expenditure on tertiary education, constant ppp$ rising or falling in Republic of Korea?
- Over the last ten years it is up 22.3%. 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 tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release