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

Korea: Initial government funding per tertiary student, constant PPP$ was 9,080 in 2022. ▲ Rising

Latest (2022)
9,080
Change on year
up 6.5%
World rank
41st
of 119 countries
All-time high
9,080
in 2022
All-time low
1,428
in 1998
Years of data
10
1998–2022

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

2.0k4.0k6.0k8.0k10.0k1998201020221998: 1.4k1999: 1.9k2015: 6.4k2016: 6.7k2017: 6.8k2018: 7.3k2019: 7.1k2020: 8.0k2021: 8.5k2022: 9.1k

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial government funding per tertiary student, constant ppp$ in Korea stood at 9,080. That is the highest value across all 10 years on record.

Compared with earlier readings it is up 6.5% on the previous year and up 41.7% over ten years.

Over the whole period, initial government funding per tertiary student, constant ppp$ in Korea peaked at 9,080 in 2022 and was at its lowest, 1,428, in 1998.

Korea ranks 41st of 119 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,651 1,428 1,873 2
2010s 6,834 6,408 7,250 5
2020s 8,526 7,975 9,080 3

Countries ranked near Korea

  1. 38 Lithuania 9,858 compare
  2. 39 Portugal 9,287 compare
  3. 40 South Africa 9,131 compare
  4. 42 Türkiye 9,049 compare
  5. 43 Barbados 8,633 compare
  6. 44 Israel 8,030 compare

See the full ranking of 119 places →

More education data for Korea

All data for Korea →

Frequently asked questions

What is initial government funding per tertiary student, constant ppp$ in Korea?
Initial government funding per tertiary student, constant ppp$ in Korea was 9,080 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student, constant ppp$ recorded in Korea?
The highest recorded value was 9,080 in 2022.
What is the lowest initial government funding per tertiary student, constant ppp$ recorded in Korea?
The lowest recorded value was 1,428 in 1998.
How does Korea rank for initial government funding per tertiary student, constant ppp$?
Korea ranks 41st out of 119 countries with data for 2022.
Is initial government funding per tertiary student, constant ppp$ rising or falling in Korea?
Over the last ten years it is up 41.7%. 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 tertiary student, constant PPP$. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Initial government funding per tertiary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 1,703 data points, 1970–2024
Last refreshed

February 2026 Data Release