Government expenditure on tertiary education, PPP$ in Republic of Korea
Republic of Korea: Government expenditure on tertiary education, PPP$ was 24,800 millions in 2022. ◆ Volatile
Government expenditure on tertiary education, 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, ppp$ in Republic of Korea is 24,800 millions, measured in 2022. That is the highest value across all 16 years on record.
That represents a change of up 7.9% on the previous year and up 43.8% over ten years.
Over the whole period, government expenditure on tertiary education, ppp$ in Republic of Korea peaked at 24,800 millions in 2022 and was at its lowest, 1,053 millions, in 1990.
Republic of Korea ranks 13th of 148 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, PPP$ in Republic of Korea, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 1,053 millions | — |
| 1991 | 1,180 millions | +12.1% |
| 1992 | 1,308 millions | +10.9% |
| 1993 | 1,497 millions | +14.4% |
| 1994 | 1,294 millions | -13.6% |
| 1995 | 1,428 millions | +10.4% |
| 1998 | 2,495 millions | +74.8% |
| 1999 | 3,574 millions | +43.3% |
| 2015 | 17,249 millions | +382.6% |
| 2016 | 17,959 millions | +4.1% |
| 2017 | 17,814 millions | -0.8% |
| 2018 | 19,323 millions | +8.5% |
| 2019 | 18,562 millions | -3.9% |
| 2020 | 21,456 millions | +15.6% |
| 2021 | 22,984 millions | +7.1% |
| 2022 | 24,800 millions | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,728 millions | 1,053 millions | 3,574 millions | 8 |
| 2010s | 18,181 millions | 17,249 millions | 19,323 millions | 5 |
| 2020s | 23,080 millions | 21,456 millions | 24,800 millions | 3 |
Countries ranked near Republic of Korea
More education data for Republic of Korea
- 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)
- Primary secondary enrollment completion rates, gaps filled 100.87 (2024)
- School enrollment, primary 100.9% (2024)
Frequently asked questions
- What is government expenditure on tertiary education, ppp$ in Republic of Korea?
- Government expenditure on tertiary education, ppp$ in Republic of Korea was 24,800 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, ppp$ recorded in Republic of Korea?
- The highest recorded value was 24,800 millions in 2022.
- What is the lowest government expenditure on tertiary education, ppp$ recorded in Republic of Korea?
- The lowest recorded value was 1,053 millions in 1990.
- How does Republic of Korea rank for government expenditure on tertiary education, ppp$?
- Republic of Korea ranks 13th out of 148 countries with data for 2022.
- Is government expenditure on tertiary education, ppp$ rising or falling in Republic of Korea?
- Over the last ten years it is up 43.8%. 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, 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