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. At 1.06 Percent of GDP in 2019, the country was number 7 among other countries in Tertiary Education Expenditure from Private Sources. South Korea is overtaken by Australia, which was number 6 with 1.34 Percent of GDP and is followed by Japan at 0.93 Percent of GDP. United States ranked the highest with 1.73 Percent of GDP in 2019, that is an increase of 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 was the worst growing country at -6.5points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 1.06 |
| 2018 | 1.11 |
| 2017 | 1.15 |
| 2016 | 1.20 |
| 2015 | 1.16 |
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 | |