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Korea - Education Spending 1972

Name: Korea Education Spending 1972
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure on education as % of GDP · World Bank

3.22% −0.52% from 1971 Global rank: 21st

Korea's education spending was 3.22% in 1972, decreased +0.52% from 3.74% in 1971. This was the 21st highest globally.

Global Ranking - 1972▾

Education Spending by Country - 1972
Rank	Country	Value	YoY
1st	Somalia, Fed. Rep.	1.10%	-
2nd	Pakistan	1.57%	-5.2%
3rd	China	1.60%	15.6%
4th	Bhutan	1.65%	-12.0%
5th	Tanzania	1.75%	1.4%
6th	Argentina	1.94%	32.8%
7th	Bahrain	2.02%	-12.3%
8th	Spain	2.07%	9.3%
9th	Hong Kong SAR, China	2.30%	-3.1%
10th	Jordan	2.39%	-27.6%
11th	Qatar	2.69%	-10.3%
12th	Luxembourg	2.74%	-4.0%
13th	Iran, Islamic Republic of	2.77%	-0.1%
14th	Indonesia	2.79%	-
15th	Kuwait	2.82%	-14.3%
16th	Myanmar	2.87%	-
17th	Singapore	2.87%	-7.8%
18th	Thailand	3.03%	-1.2%
19th	Mauritius	3.07%	-1.3%
20th	Madagascar	3.22%	-
21st	Korea	3.22%	-13.9%
22nd	Hungary	3.36%	-2.2%
23rd	Cameroon	3.36%	9.2%
24th	France	3.39%	5.7%
25th	Syrian Arab Republic	3.58%	-
26th	Switzerland	3.66%	4.6%
27th	Botswana	3.91%	-11.0%
28th	Japan	3.93%	9.7%
29th	Panama	3.98%	18.8%
30th	Brunei Darussalam	4.04%	-19.1%
31st	Seychelles	4.25%	4.4%
32nd	Austria	4.47%	3.9%
33rd	Kenya	4.48%	13.9%
34th	Lesotho	4.53%	-2.5%
35th	Egypt, Arab Republic of	4.54%	0.2%
36th	Ireland	4.62%	2.9%
37th	Ghana	4.62%	9.4%
38th	Finland	5.01%	-6.1%
39th	United Kingdom	5.16%	2.5%
40th	Papua New Guinea	5.25%	-
41st	Malta	5.55%	-9.8%
42nd	Norway	5.90%	-
43rd	Zambia	5.95%	-2.5%
44th	Netherlands	6.31%	-0.2%
45th	Denmark	6.48%	1.4%
46th	Barbados	6.79%	10.4%
47th	Puerto Rico (US)	7.21%	-0.5%
48th	Côte d'Ivoire	7.53%	28.4%
49th	Canada	7.59%	-1.2%
50th	Micronesia, Federated States of	66.90%	-

FAQ

What was Korea's education spending in 1972?▾

Korea's education spending in 1972 was 3.22%. This ranked 21st globally.

How did Korea's education spending change in 1972?▾

Korea's education spending decreased by 13.9% in 1972 compared to 1971.

Which country had the highest education spending in 1972?▾

Micronesia, Federated States of had the highest education spending in 1972 at 66.90%.

What is the education spending of Korea in 1972?▾

The education spending of Korea in 1972 was 3.22%. This ranked 21st globally.

How does 1972 compare to 1971 for Korea's education spending?▾

Korea's education spending went from 3.74% in 1971 to 3.22% in 1972, a 13.9% decrease.

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