Korea - Education expenditure

Adjusted savings: education expenditure (current US$)

The latest value for Adjusted savings: education expenditure (current US$) in Korea was 77,051,710,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 80,333,150,000 in 2018 and 238,383,600 in 1970.

Definition: Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.

Source: UNESCO; data are extrapolated to the most recent year available

See also:

Year Value
1970 238,383,600
1971 289,398,500
1972 293,922,000
1973 347,252,200
1974 418,216,000
1975 345,728,900
1976 744,251,000
1977 881,741,100
1978 1,240,867,000
1979 1,737,590,000
1980 1,944,105,000
1981 1,870,429,000
1982 4,192,253,000
1983 3,039,579,000
1984 3,268,451,000
1985 3,368,549,000
1986 3,658,400,000
1987 4,530,836,000
1988 4,951,125,000
1989 6,893,628,000
1990 8,209,436,000
1991 9,579,048,000
1992 11,006,670,000
1993 12,548,540,000
1994 15,260,820,000
1995 18,064,130,000
1996 20,438,830,000
1997 18,157,530,000
1998 10,238,210,000
1999 13,776,700,000
2000 16,501,980,000
2001 16,137,240,000
2002 19,060,000,000
2003 23,458,880,000
2004 28,583,980,000
2005 31,747,790,000
2006 39,170,220,000
2007 43,276,680,000
2008 41,904,400,000
2009 37,039,420,000
2010 46,317,900,000
2011 52,393,150,000
2012 53,092,980,000
2013 62,946,760,000
2014 68,545,900,000
2015 68,206,100,000
2016 69,840,800,000
2017 75,635,510,000
2018 80,333,150,000
2019 77,051,710,000

Adjusted savings: education expenditure (% of GNI)

Adjusted savings: education expenditure (% of GNI) in Korea was 4.64 as of 2019. Its highest value over the past 49 years was 5.40 in 1982, while its lowest value was 1.60 in 1975.

Definition: Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.

Source: UNESCO; data are extrapolated to the most recent year available

See also:

Year Value
1970 2.60
1971 2.90
1972 2.70
1973 2.50
1974 2.13
1975 1.60
1976 2.50
1977 2.30
1978 2.38
1979 2.60
1980 3.00
1981 2.60
1982 5.40
1983 3.50
1984 3.40
1985 3.40
1986 3.20
1987 3.10
1988 2.50
1989 2.80
1990 2.90
1991 2.90
1992 3.10
1993 3.20
1994 3.30
1995 3.20
1996 3.36
1997 3.20
1998 2.71
1999 2.80
2000 2.88
2001 2.97
2002 3.05
2003 3.35
2004 3.61
2005 3.42
2006 3.73
2007 3.70
2008 4.00
2009 3.93
2010 4.04
2011 4.15
2012 4.11
2013 4.56
2014 4.60
2015 4.64
2016 4.64
2017 4.64
2018 4.64
2019 4.64

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts