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Korea - Education Spending 1995

Government expenditure on education as % of GDP · World Bank
2.94% −0.08% from 1994 Global rank: 22nd

Korea's education spending was 2.94% in 1995, decreased +0.08% from 3.02% in 1994. This was the 22nd highest globally.

Global Ranking - 1995▾
Education Spending by Country - 1995
RankCountryValueYoY
1st Indonesia 1.00% 0.6%
2nd Dominican Republic 1.03% 15.7%
3rd Monaco 1.06% 16.5%
4th Myanmar 1.20% -26.8%
5th Guatemala 1.60% 11.4%
6th Zambia 1.84% 2.5%
7th China 1.84% -7.2%
8th Ecuador 2.00% -70.9%
9th Tajikistan 2.07% -74.8%
10th Lebanon 2.22% 15.2%
11th Türkiye 2.25% -34.3%
12th Niger 2.33% 2.8%
13th Bulgaria 2.37% -43.1%
14th Uruguay 2.52% 11.0%
15th Gambia, The 2.55% 118.3%
16th Chile 2.56% 2.1%
17th St. Kitts and Nevis 2.58% 11.8%
18th Honduras 2.62% 4.2%
19th Philippines 2.66% 75.6%
20th Malawi 2.75% 22.6%
21st Pakistan 2.80% 8.0%
22nd Korea 2.94% -2.7%
23rd Sri Lanka 2.96% -4.9%
24th Belgium 2.99% -44.8%
25th Oman 3.00% -0.9%
26th Thailand 3.14% -7.6%
27th Azerbaijan 3.34% -44.9%
28th Costa Rica 3.35% -17.8%
29th Jamaica 3.39% -16.6%
30th Japan 3.40% -4.7%
31st Mexico 3.50% 0.6%
32nd Trinidad and Tobago 3.56% 3.7%
33rd Guyana 3.61% -3.1%
34th Luxembourg 3.66% -5.5%
35th Cyprus 3.74% -10.1%
36th Albania 3.81% 10.7%
37th Panama 3.95% 13.8%
38th Kazakhstan 4.03% -
39th Iran, Islamic Republic of 4.08% -5.4%
40th Slovak Republic 4.24% 15.8%
41st North Macedonia 4.27% -5.6%
42nd Côte d'Ivoire 4.30% -10.2%
43rd Italy 4.31% -2.6%
44th Poland 4.31% 3.1%
45th Malaysia 4.34% -7.7%
46th Germany 4.42% 2.4%
47th Spain 4.44% -1.1%
48th Czechia 4.49% -2.8%
49th Brazil 4.57% -
50th Netherlands 4.57% -1.8%
51st Egypt, Arab Republic of 4.60% 0.4%
52nd Portugal 4.61% -1.2%
53rd European Union 4.67% -0.5%
54th Lithuania 4.73% -0.6%
55th Morocco 4.73% -1.9%
56th Iceland 4.78% 0.5%
57th United Kingdom 4.84% -0.2%
58th Hungary 4.85% -16.9%
59th Ireland 4.87% -6.1%
60th Slovenia 4.90% 4.3%
61st Congo, Republic of 4.91% -23.0%
62nd Switzerland 4.91% 0.1%
63rd Burundi 5.02% 9.9%
64th Austria 5.45% 3.4%
65th Eswatini 5.65% 10.0%
66th Saudi Arabia 5.69% -10.3%
67th New Zealand 5.74% -3.1%
68th France 5.81% 2.7%
69th Estonia 5.90% 7.4%
70th Sweden 6.15% 11.6%
71st Kyrgyz Republic 6.16% 10.2%
72nd Canada 6.30% -5.3%
73rd Tunisia 6.43% 4.1%
74th Finland 6.82% -0.7%
75th Seychelles 7.24% -14.6%
76th Denmark 7.48% 0.0%
77th Norway 7.70% -1.7%
78th Lesotho 8.64% 23.0%
Source: World Bank (SE.XPD.TOTL.GD.ZS)

FAQ

What was Korea's education spending in 1995?▾

Korea's education spending in 1995 was 2.94%. This ranked 22nd globally.

How did Korea's education spending change in 1995?▾

Korea's education spending decreased by 2.7% in 1995 compared to 1994.

Which country had the highest education spending in 1995?▾

Lesotho had the highest education spending in 1995 at 8.64%.

What is the education spending of Korea in 1995?▾

The education spending of Korea in 1995 was 2.94%. This ranked 22nd globally.

How does 1995 compare to 1994 for Korea's education spending?▾

Korea's education spending went from 3.02% in 1994 to 2.94% in 1995, a 2.7% decrease.

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Related
1994 All years Full ranking 1995 Literacy Rate Tertiary Enrollment Primary Enrollment Secondary Enrollment Primary Completion Rate Peak: 2025 Lowest: 1975 Education Spending 1990s Education Spending 2000s Education Spending 2010s Education Spending 2020s Highest ever Lowest ever Average vs Saudi Arabia vs Czechia vs Slovenia vs Japan G20 Education Spending OECD Education Spending Global Ranking