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

South Korea: Initial government funding per upper secondary student, constant PPP$ was 29,673 in 2022. ◆ Volatile

Latest (2022)
29,673
Change on year
up 31.5%
World rank
2nd
of 95 countries
All-time high
29,673
in 2022
All-time low
2,836
in 1998
Years of data
9
1998–2022

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

010.0k20.0k30.0k1998201020221998: 2.8k1999: 3.3k2016: 11.8k2017: 13.2k2018: 15.1k2019: 19.0k2020: 20.2k2021: 22.6k2022: 29.7k

Source: UNESCO Institute for Statistics.

Analysis

South Korea recorded 29,673 for initial government funding per upper secondary student, constant ppp$ in 2022. That is the highest value across all 9 years on record.

The figure is up 31.5% on the previous year and up 151.2% over ten years.

Over the whole period, initial government funding per upper secondary student, constant ppp$ in South Korea peaked at 29,673 in 2022 and was at its lowest, 2,836, in 1998.

South Korea ranks 2nd of 95 countries on this measure, in the top 10%.

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

Annual values for Initial government funding per upper secondary student, constant PPP$ in South Korea, 1998 to 2022.
Year Value Change
1998 2,836 —
1999 3,318 +17.0%
2016 11,814 +256.1%
2017 13,226 +11.9%
2018 15,100 +14.2%
2019 18,961 +25.6%
2020 20,169 +6.4%
2021 22,560 +11.9%
2022 29,673 +31.5%

South Korea compared with similar countries

  • South Korea's 29,673 is above the median for high income countries, which is 11,515, 2.6× the median. (45 countries reporting)
  • South Korea's 29,673 is above the median for East Asia & Pacific, which is 2,100, 14.1× the median. (8 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,077 2,836 3,318 2
2010s 14,775 11,814 18,961 4
2020s 24,134 20,169 29,673 3

Countries ranked near South Korea

  1. 1 Luxembourg 29,968 compare
  2. 3 Canada 21,933 compare
  3. 4 Norway 19,420 compare
  4. 5 Cyprus 18,095 compare

See the full ranking of 95 places →

More education data for South Korea

All data for South Korea →

Frequently asked questions

What is initial government funding per upper secondary student, constant ppp$ in South Korea?
Initial government funding per upper secondary student, constant ppp$ in South Korea was 29,673 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per upper secondary student, constant ppp$ recorded in South Korea?
The highest recorded value was 29,673 in 2022.
What is the lowest initial government funding per upper secondary student, constant ppp$ recorded in South Korea?
The lowest recorded value was 2,836 in 1998.
How does South Korea rank for initial government funding per upper secondary student, constant ppp$?
South Korea ranks 2nd out of 95 countries with data for 2022.
Is initial government funding per upper secondary student, constant ppp$ rising or falling in South Korea?
Over the last ten years it is up 151.2%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per upper secondary student, constant PPP$. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Initial government funding per upper secondary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
95 places, 1,317 data points, 1997–2024
Last refreshed

February 2026 Data Release