South Korea - Tertiary Education Expenditure from Private Sources

Since 2014, South Korea Tertiary Education Expenditure from Private Sources was down by 6.5points year on year. In 2019, the country was ranked number 7 among other countries in Tertiary Education Expenditure from Private Sources at 1.06 Percent of GDP. South Korea is overtaken by Australia, which was ranked number 6 at 1.34 Percent of GDP and is followed by Japan with 0.93 Percent of GDP. United States ranked the highest with 1.73 Percent of GDP in 2019, +0.6points compared to 2018. Chile, United Kingdom and Colombia respectively ranked number 2, 3 and 4 in this ranking. Colombia recorded the best 5 years average growth at +10.8points per year, while South Korea witnessed the worst performance at -6.5points per year.

Loading...

Date Percent of GDP
2019 1.06
2018 1.11
2017 1.15
2016 1.20
2015 1.16
Download all data from 2000 to 2019

How does South Korea rank in Tertiary Education Expenditure from Private Sources?

# 36 Countries Percent of GDP Last YoY 5‑years CAGR
1 #1
United States
1.73 % 2019 +0.6 % +0.0 % View data
2 #2
Chile
1.57 % 2019 -0.2 % +1.6 % View data
6 #6
Australia
1.34 % 2019 +2.4 % +3.4 % View data
7 #7
South Korea
1.06 % 2019 -4.3 % -6.5 % View data
8 #8
Japan
0.93 % 2019 -0.3 % -0.5 % View data
Compare all 36 countries

Go Top