South Korea - Household Spending on Tertiary Education
Since 2012, South Korea Household Spending on Tertiary Education increased 2.7points year on year. With 45.44 Percent of Education Spending in 2015, the country was number 7 among other countries in Household Spending on Tertiary Education. South Korea is overtaken by United States, which was number 6 with 46.3 Percent of Education Spending and is followed by New Zealand at 33.77 Percent of Education Spending. Colombia topped the ranking with 63.85 Percent of Education Spending in 2016, a growth of 17.7points compared to 2015. Chile, Japan and Australia respectively ranked number 2, 3 and 4 in this ranking. United Kingdom witnessed the best average annual growth at +37.2points per year, while Estonia recorded the worst performance at -16.9points per year.
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| Date | Percent of Education Spending |
|---|---|
| 2015 | 45.44 |
| 2014 | 41.89 |
| 2013 | 43.78 |
| 2012 | 41.96 |
How does South Korea rank in Household Spending on Tertiary Education?
| # | 33 Countries | Percent of Education Spending | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Colombia
|
63.85 % | 2016 | +17.6 % | +3.7 % | View data | |
| 2 |
#2
Chile
|
53.66 % | 2019 | -1.5 % | +0.7 % | View data | |
| 6 |
#6
United States
|
46.30 % | 2015 | +0.2 % | +0.3 % | View data | |
| 7 |
#7
South Korea
|
45.44 % | 2015 | +8.5 % | +2.7 % | View data | |
| 8 |
#8
New Zealand
|
33.77 % | 2015 | -1.4 % | +0.7 % | View data | |