South Korea Education Spending 2009-2024

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 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.
  • South Korea education spending for 2017 was 14.30%, a 0% increase from 2016.
  • South Korea education spending for 2016 was 14.30%, a 0.35% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Education Spending (% of GDP)
Chile 21.23%
Hong Kong 20.31%
Singapore 19.47%
Saudi Arabia 19.07%
Greenland 17.43%
Iceland 17.42%
Macao 16.60%
Sweden 15.90%
Israel 15.74%
Norway 15.67%
Palau 15.66%
Switzerland 15.56%
Faroe Islands 15.41%
Uruguay 15.15%
San Marino 15.06%
Cayman Islands 14.96%
Puerto Rico 14.63%
Malta 14.00%
Denmark 13.91%
South Korea 13.83%
Cyprus 13.68%
Ireland 13.61%
United Kingdom 13.55%
New Zealand 13.48%
Estonia 13.45%
United States 13.38%
Australia 12.85%
Kuwait 12.83%
UAE 12.68%
Argentina 12.53%
Netherlands 12.51%
Bermuda 12.44%
Oman 12.42%
St. Kitts and Nevis 12.28%
Belgium 12.23%
British Virgin Islands 12.20%
Finland 12.04%
Poland 11.99%
Latvia 11.76%
Lithuania 11.75%
Canada 11.74%
Germany 11.37%
Slovenia 11.33%
Bahamas 11.26%
Seychelles 11.13%
Czech Republic 11.06%
Portugal 10.91%
Andorra 10.90%
Barbados 10.78%
Austria 10.73%
Trinidad and Tobago 10.62%
Slovak Republic 10.55%
Panama 10.09%
Spain 10.05%
France 9.67%
Turks and Caicos Islands 9.62%
Hungary 9.27%
Luxembourg 8.68%
Qatar 8.64%
Antigua and Barbuda 8.55%
Croatia 8.51%
Bahrain 8.49%
Italy 8.45%
Japan 8.18%
Gibraltar 7.84%
Greece 7.50%
Monaco 5.03%
South Korea Education Spending - Historical Data
Year Education Spending (% of GDP) Annual Change
2019 13.83% -0.48%
2018 14.31% 0.01%
2017 14.30% 0.00%
2016 14.30% -0.35%
2015 14.65% -0.17%
2010 14.82% 0.41%
2009 14.41% 0.41%