Initial government funding per lower secondary student, constant PPP$ in Korea

Korea: Initial government funding per lower secondary student, constant PPP$ was 21,058 in 2022. ▲ Rising

Latest (2022)
21,058
Change on year
up 25.0%
World rank
3rd
of 98 countries
All-time high
21,058
in 2022
All-time low
3,275
in 1998
Years of data
9
1998–2022

Initial government funding per lower secondary student, constant PPP$ in Korea, 1998–2022

5.0k10.0k15.0k20.0k1998201020221998: 3.3k1999: 3.7k2016: 13.0k2017: 14.1k2018: 15.4k2019: 17.2k2020: 16.2k2021: 16.8k2022: 21.1k

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial government funding per lower secondary student, constant ppp$ in Korea stood at 21,058. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 25.0% on the previous year and up 61.9% over ten years.

Over the whole period, initial government funding per lower secondary student, constant ppp$ in Korea peaked at 21,058 in 2022 and was at its lowest, 3,275, in 1998.

Korea ranks 3rd of 98 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,501 3,275 3,728 2
2010s 14,920 13,010 17,167 4
2020s 18,041 16,216 21,058 3

Countries ranked near Korea

  1. 1 Luxembourg 31,561 compare
  2. 2 Switzerland 26,060 compare
  3. 4 Iceland 20,238 compare
  4. 5 Finland 19,904 compare
  5. 6 Austria 19,403 compare

See the full ranking of 98 places →

More education data for Korea

All data for Korea →

Frequently asked questions

What is initial government funding per lower secondary student, constant ppp$ in Korea?
Initial government funding per lower secondary student, constant ppp$ in Korea was 21,058 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per lower secondary student, constant ppp$ recorded in Korea?
The highest recorded value was 21,058 in 2022.
What is the lowest initial government funding per lower secondary student, constant ppp$ recorded in Korea?
The lowest recorded value was 3,275 in 1998.
How does Korea rank for initial government funding per lower secondary student, constant ppp$?
Korea ranks 3rd out of 98 countries with data for 2022.
Is initial government funding per lower secondary student, constant ppp$ rising or falling in Korea?
Over the last ten years it is up 61.9%. The long-run trend across the full record is rising.
Where does this Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per lower secondary student, constant PPP$. Statizoid updates them automatically from the source API.

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Initial government funding per lower secondary student, constant PPP$ in Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 22 August 2026, from https://education.statizoid.com/stat/initial-government-funding-per-lower-secondary-student-constant-ppp-2/korea-rep/

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About this data

Indicator
Initial government funding per lower secondary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
98 places, 1,348 data points, 1997–2024
Last refreshed

February 2026 Data Release