Initial private expenditure on education (household) as a percentage in Korea

Korea: Initial private expenditure on education (household) as a percentage was 2.3% in 2021. ▲ Rising

Latest (2021)
2.3%
Change on year
up 6.3%
World rank
11th
of 87 countries
All-time high
2.5%
in 2019
All-time low
1.2%
in 2016
Years of data
7
2015–2021

Initial private expenditure on education (household) as a percentage in Korea, 2015–2021

01232015201820212015: 1.3 %2016: 1.2 %2017: 2.5 %2018: 2.5 %2019: 2.5 %2020: 2.1 %2021: 2.3 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

The most recent figure for initial private expenditure on education (household) as a percentage in Korea is 2.3%, measured in 2021.

Compared with earlier readings it is up 6.3% on the previous year and up 75.6% over ten years.

Korea ranks 11th of 87 countries on this measure, in the top quarter.

Initial private expenditure on education (household) as a percentage in Korea, year by year

Annual values for Initial private expenditure on education (household) as a percentage of GDP (%) in Korea, 2015 to 2021.
Year % Change
2015 1.3%
2016 1.2% -5.8%
2017 2.5% +104.4%
2018 2.5% -1.4%
2019 2.5% +2.5%
2020 2.1% -15.1%
2021 2.3% +6.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.0% 1.2% 2.5% 5
2020s 2.2% 2.1% 2.3% 2

Countries ranked near Korea

  1. 8 Costa Rica 2.8% compare
  2. 9 Mongolia 2.8%
  3. 10 Honduras 2.4%
  4. 12 El Salvador 2.2% compare
  5. 13 United Kingdom of Great Britain and Northern Ireland 2.1% compare
  6. 14 Hong Kong, China 2.0% compare

See the full ranking of 87 places →

More education data for Korea

All data for Korea →

Frequently asked questions

What is initial private expenditure on education (household) as a percentage in Korea?
Initial private expenditure on education (household) as a percentage in Korea was 2.3% in 2021, according to UNESCO Institute for Statistics.
What is the highest initial private expenditure on education (household) as a percentage recorded in Korea?
The highest recorded value was 2.5% in 2019.
What is the lowest initial private expenditure on education (household) as a percentage recorded in Korea?
The lowest recorded value was 1.2% in 2016.
How does Korea rank for initial private expenditure on education (household) as a percentage?
Korea ranks 11th out of 87 countries with data for 2021.
Is initial private expenditure on education (household) as a percentage rising or falling in Korea?
Over the last ten years it is up 75.6%. 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 private expenditure on education (household) as a percentage of GDP (%). Statizoid updates them automatically from the source API.

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Initial private expenditure on education (household) as a percentage in Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 10 September 2026, from https://education.statizoid.com/stat/initial-private-expenditure-on-education-household-as-a-percentage-of-gdp-percent/korea-rep/

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About this data

Indicator
Initial private expenditure on education (household) as a percentage of GDP (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
87 places, 1,097 data points, 1998–2024
Last refreshed

February 2026 Data Release