Statizoid

Australia vs South Korea: Adjusted savings: education expenditure

Australia
76.93 billion current US$
in 2021
South Korea
70.32 billion current US$
in 2021
Australia rank
12th
South Korea rank
13th

Adjusted savings: education expenditure over time

  • Australia
  • South Korea
020.0B40.0B60.0B80.0B197019952021

How they compare

Australia currently reports 76.93 billion current US$ against 70.32 billion current US$ in South Korea, a difference of 6.61 billion current US$.

That makes Australia's figure about 1.1 times South Korea's.

The two have swapped places 8 times across 52 shared years of data; in 1970 it was Australia ahead.

Globally, Australia ranks 12th and South Korea ranks 13th of 195 countries.

Individual pages

About this data

Indicator
Adjusted savings: education expenditure (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 8,370 data points, 1970–2021
Last refreshed

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.