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

South Korea: Initial government funding per primary student, constant PPP$ was 19,558 in 2022. ▲ 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 South 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 South 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 South Korea peaked at 19,558 in 2022 and was at its lowest, 3,622, in 1998.

South 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.

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

Annual values for Initial government funding per primary student, constant PPP$ in South Korea, 1998 to 2022.
Year Value Change
1998 3,622 —
1999 4,123 +13.8%
2015 11,916 +189.0%
2016 12,212 +2.5%
2017 12,840 +5.1%
2018 13,627 +6.1%
2019 14,622 +7.3%
2020 14,442 -1.2%
2021 15,100 +4.6%
2022 19,558 +29.5%

South Korea compared with similar countries

  • South Korea's 19,558 is above the median for high income countries, which is 10,448, 1.9× the median. (49 countries reporting)
  • South Korea's 19,558 is above the median for East Asia & Pacific, which is 1,867, 10.5× the median. (14 countries reporting)

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 South 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 →

More education data for South Korea

All data for South Korea →

Frequently asked questions

What is initial government funding per primary student, constant ppp$ in South Korea?
Initial government funding per primary student, constant ppp$ in South 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 South Korea?
The highest recorded value was 19,558 in 2022.
What is the lowest initial government funding per primary student, constant ppp$ recorded in South Korea?
The lowest recorded value was 3,622 in 1998.
How does South Korea rank for initial government funding per primary student, constant ppp$?
South Korea ranks 4th out of 122 countries with data for 2022.
Is initial government funding per primary student, constant ppp$ rising or falling in South Korea?
Over the last ten years it is up 64.1%. The long-run trend across the full record is rising.
Where does this South 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 South Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 13 November 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