Initial government funding per primary student, constant PPP$ in Korea

Korea: Initial government funding per primary student, constant PPP$ was 19,558 in 2022. β–² Rising

Latest (2022)
19,558
Change on year
up 29.5%
World rank
4th
of 122 countries
All-time high
19,558
in 2022
All-time low
3,622
in 1998
Years of data
10
1998–2022

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

5.0k10.0k15.0k20.0k1998201020221998: 3.6k1999: 4.1k2015: 11.9k2016: 12.2k2017: 12.8k2018: 13.6k2019: 14.6k2020: 14.4k2021: 15.1k2022: 19.6k

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial government funding per primary student, constant ppp$ in Korea stood at 19,558. That is the highest value across all 10 years on record.

Compared with earlier readings it is up 29.5% on the previous year and up 64.1% over ten years.

Over the whole period, initial government funding per primary student, constant ppp$ in Korea peaked at 19,558 in 2022 and was at its lowest, 3,622, in 1998.

Korea ranks 4th of 122 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 10 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,872 3,622 4,123 2
2010s 13,043 11,916 14,622 5
2020s 16,367 14,442 19,558 3

Countries ranked near Korea

  1. 1 Chad 29,207 compare
  2. 2 Luxembourg 26,139 compare
  3. 3 Switzerland 22,052 compare
  4. 5 Iceland 19,376 compare
  5. 6 Singapore 18,612 compare
  6. 7 Austria 16,668 compare

See the full ranking of 122 places β†’

More education data for Korea

All data for Korea β†’

Frequently asked questions

What is initial government funding per primary student, constant ppp$ in Korea?
Initial government funding per primary student, constant ppp$ in Korea was 19,558 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per primary student, constant ppp$ recorded in Korea?
The highest recorded value was 19,558 in 2022.
What is the lowest initial government funding per primary student, constant ppp$ recorded in Korea?
The lowest recorded value was 3,622 in 1998.
How does Korea rank for initial government funding per primary student, constant ppp$?
Korea ranks 4th out of 122 countries with data for 2022.
Is initial government funding per primary student, constant ppp$ rising or falling in Korea?
Over the last ten years it is up 64.1%. 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 primary student, constant PPP$. Statizoid updates them automatically from the source API.

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Initial government funding per primary student, constant PPP$ in Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 19 August 2026, from https://education.statizoid.com/stat/initial-government-funding-per-primary-student-constant-ppp-2/korea-rep/

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About this data

Indicator
Initial government funding per primary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
122 places, 1,818 data points, 1997–2024
Last refreshed

February 2026 Data Release