South Korea: Education spending, percent of GDP

* indicates monthly or quarterly data series
 South Korea

Public spending on education, percent of GDP

 Latest value 4.46
 Reference 2018
 Measure percent
 Source UNESCO

For that indicator, we provide data for South Korea from 1970 to 2018. The average value for South Korea during that period was 3.44 percent with a minimum of 2.09 percent in 1975 and a maximum of 6.33 percent in 1982. The latest value from 2018 is 4.46 percent. For comparison, the world average in 2018 based on 158 countries is 4.56 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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Definition: 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.
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