South Korea - Primary to Tertiary Education Expenditure from Private Sources
Since 2014, South Korea Primary to Tertiary Education Expenditure from Private Sources fell by 6.1points year on year. In 2019, the country was number 8 among other countries in Primary to Tertiary Education Expenditure from Private Sources at 1.46 Percent of GDP. South Korea is overtaken by New Zealand, which was ranked number 7 with 1.61 Percent of GDP and is followed by Israel at 1.15 Percent of GDP. Colombia ranked the highest with 2.35 Percent of GDP in 2016, that is +24.9points versus 2015. Chile, Australia and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Norway recorded the best 5 years average growth at +9.1points per year, while Portugal witnessed the worst performance at -10.2points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 1.46 |
| 2018 | 1.54 |
| 2017 | 1.61 |
| 2016 | 1.69 |
| 2015 | 1.67 |
How does South Korea rank in Primary to Tertiary Education Expenditure from Private Sources?
| # | 36 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Colombia
|
2.35 % | 2016 | +24.9 % | +6.1 % | View data | |
| 2 |
#2
Chile
|
2.12 % | 2019 | -0.9 % | +0.1 % | View data | |
| 7 |
#7
New Zealand
|
1.61 % | 2015 | -2.2 % | -1.7 % | View data | |
| 8 |
#8
South Korea
|
1.46 % | 2019 | -4.8 % | -6.1 % | View data | |
| 9 |
#9
Israel
|
1.15 % | 2019 | +0.3 % | -1.5 % | View data | |