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

South Korea: Initial government funding per secondary student, constant PPP$ was 25,220 in 2022. ▲ Rising

Latest (2022)
25,220
Change on year
up 28.4%
World rank
2nd
of 111 countries
All-time high
25,220
in 2022
All-time low
3,039
in 1998
Years of data
10
1998–2022

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

5.0k10.0k15.0k20.0k25.0k1998201020221998: 3.0k1999: 3.5k2015: 11.9k2016: 12.4k2017: 13.6k2018: 15.2k2019: 18.1k2020: 18.2k2021: 19.6k2022: 25.2k

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial government funding per secondary student, constant ppp$ in South Korea stood at 25,220. That is the highest value across all 10 years on record.

Compared with earlier readings it is up 28.4% on the previous year and up 112.2% over ten years.

Over the whole period, initial government funding per secondary student, constant ppp$ in South Korea peaked at 25,220 in 2022 and was at its lowest, 3,039, in 1998.

South Korea ranks 2nd of 111 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 secondary student, constant PPP$ in South Korea, year by year

Annual values for Initial government funding per secondary student, constant PPP$ in South Korea, 1998 to 2022.
Year Value Change
1998 3,039 —
1999 3,505 +15.3%
2015 11,887 +239.1%
2016 12,357 +4.0%
2017 13,637 +10.4%
2018 15,226 +11.7%
2019 18,102 +18.9%
2020 18,207 +0.6%
2021 19,647 +7.9%
2022 25,220 +28.4%

South Korea compared with similar countries

  • South Korea's 25,220 is above the median for high income countries, which is 11,397, 2.2× the median. (49 countries reporting)
  • South Korea's 25,220 is above the median for East Asia & Pacific, which is 4,954, 5.1× the median. (10 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,272 3,039 3,505 2
2010s 14,242 11,887 18,102 5
2020s 21,025 18,207 25,220 3

Countries ranked near South Korea

  1. 1 Luxembourg 30,715 compare
  2. 3 Singapore 22,155 compare
  3. 4 Switzerland 20,362 compare
  4. 5 Norway 18,083 compare

See the full ranking of 111 places →

More education data for South Korea

All data for South Korea →

Frequently asked questions

What is initial government funding per secondary student, constant ppp$ in South Korea?
Initial government funding per secondary student, constant ppp$ in South Korea was 25,220 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per secondary student, constant ppp$ recorded in South Korea?
The highest recorded value was 25,220 in 2022.
What is the lowest initial government funding per secondary student, constant ppp$ recorded in South Korea?
The lowest recorded value was 3,039 in 1998.
How does South Korea rank for initial government funding per secondary student, constant ppp$?
South Korea ranks 2nd out of 111 countries with data for 2022.
Is initial government funding per secondary student, constant ppp$ rising or falling in South Korea?
Over the last ten years it is up 112.2%. 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 secondary student, constant PPP$. Statizoid updates them automatically from the source API.

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Initial government funding per secondary 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-secondary-student-constant-ppp-2/korea-rep/

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About this data

Indicator
Initial government funding per secondary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
111 places, 1,651 data points, 1971–2024
Last refreshed

February 2026 Data Release