South Korea Education Spending 2007-2024
General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
- South Korea education spending for 2021 was 14.31%, a 1.48% increase from 2020.
- South Korea education spending for 2020 was 12.83%, a 1% decline from 2019.
- South Korea education spending for 2019 was 13.83%, a 0.48% decline from 2018.
- South Korea education spending for 2018 was 14.31%, a 0.01% increase from 2017.
| Similar Country Ranking | |
|---|---|
| Country Name | Education Spending (% of GDP) |
| Israel | 18.43% |
| Iceland | 15.41% |
| Curacao | 15.28% |
| Hong Kong | 14.86% |
| Barbados | 14.84% |
| Uruguay | 14.78% |
| UAE | 14.76% |
| Switzerland | 14.55% |
| South Korea | 14.31% |
| New Zealand | 14.29% |
| Estonia | 14.25% |
| Sweden | 13.53% |
| Australia | 13.15% |
| Singapore | 13.06% |
| Macao | 12.87% |
| Lithuania | 12.74% |
| Cyprus | 12.74% |
| Malta | 12.66% |
| Latvia | 12.65% |
| Turks and Caicos Islands | 12.57% |
| Argentina | 12.28% |
| Bahamas | 12.28% |
| Ireland | 12.02% |
| Bermuda | 12.02% |
| Denmark | 11.89% |
| Slovenia | 11.50% |
| Belgium | 11.32% |
| United Kingdom | 11.23% |
| Poland | 11.17% |
| Canada | 11.05% |
| Netherlands | 11.02% |
| Luxembourg | 11.00% |
| Czech Republic | 10.88% |
| British Virgin Islands | 10.85% |
| Croatia | 10.72% |
| Hungary | 10.36% |
| Norway | 10.27% |
| Finland | 10.23% |
| Trinidad and Tobago | 10.03% |
| Portugal | 9.71% |
| Slovak Republic | 9.35% |
| Panama | 9.34% |
| Spain | 9.18% |
| Bahrain | 9.08% |
| Germany | 9.07% |
| France | 8.88% |
| Austria | 8.81% |
| San Marino | 7.90% |
| Gibraltar | 7.62% |
| Italy | 7.44% |
| Japan | 7.43% |
| Greece | 7.11% |
| Antigua and Barbuda | 6.86% |
| Andorra | 6.35% |
| St. Kitts and Nevis | 6.20% |
| Monaco | 5.87% |
| South Korea Education Spending - Historical Data | ||
|---|---|---|
| Year | Education Spending (% of GDP) | Annual Change |
| 2021 | 14.31% | 1.48% |
| 2020 | 12.83% | -1.00% |
| 2019 | 13.83% | -0.48% |
| 2018 | 14.31% | 0.01% |
| 2017 | 14.30% | 0.00% |
| 2016 | 14.30% | -1.18% |
| 2015 | 15.48% | -0.06% |
| 2014 | 15.54% | 0.13% |
| 2013 | 15.41% | 0.49% |
| 2012 | 14.92% | 0.05% |
| 2011 | 14.87% | -0.14% |
| 2010 | 15.01% | -0.16% |
| 2009 | 15.17% | -0.35% |
| 2008 | 15.52% | 0.13% |
| 2007 | 15.39% | 0.13% |