Korea, Rep. | Government expenditure on education, total (% of GDP)
General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The percentage of government expenditure on education to GDP is useful to compare education expenditure between countries and/or over time in relation to the size of their economy; A high percentage to GDP suggests a high priority for education and a capacity of raising revenues for public spending. Note that government expenditure appears lower in some countries where the private sector and/or households have a large share in total funding for education. Limitations and exceptions: Data may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). Statistical concept and methodology: Government expenditure on education, total (% of GDP) is calculated by dividing total government expenditure for all levels of education by the GDP, and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. GDP data come from the World Bank. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Government expenditure on education, total (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
3.41404009 1970
3.73918009 1971
3.22075009 1972
2.68021989 1973
1974
2.08925009 1975
2.75457001 1976
2.42641997 1977
1978
3.01883006 1979
3.45874 1980
2.8986299 1981
6.32966995 1982
4.3153801 1983
4.00532007 1984
3.98644996 1985
3.63594007 1986
3.37423992 1987
2.74737 1988
3.06262994 1989
3.03873992 1990
3.48924994 1991
3.57788992 1992
3.69698 1993
3.01831007 1994
2.93543005 1995
1996
1997
3.36813998 1998
3.36929011 1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
3.91358161 2009
3.52756691 2010
2011
2012
2013
2014
4.45423794 2015
4.33309984 2016
4.32823992 2017
4.45807981 2018
4.68465996 2019
4.80172014 2020
2021
2022
Korea, Rep. | Government expenditure on education, total (% of GDP)
General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The percentage of government expenditure on education to GDP is useful to compare education expenditure between countries and/or over time in relation to the size of their economy; A high percentage to GDP suggests a high priority for education and a capacity of raising revenues for public spending. Note that government expenditure appears lower in some countries where the private sector and/or households have a large share in total funding for education. Limitations and exceptions: Data may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). Statistical concept and methodology: Government expenditure on education, total (% of GDP) is calculated by dividing total government expenditure for all levels of education by the GDP, and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. GDP data come from the World Bank. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source