Republic of Korea vs Saudi Arabia: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Republic of Korea
- Saudi Arabia
How they compare
Republic of Korea currently reports 70.32 billion current US$ against 51.54 billion current US$ in Saudi Arabia, a difference of 18.78 billion current US$.
That makes Republic of Korea's figure about 1.4 times Saudi Arabia's.
The two have swapped places 8 times across 51 shared years of data; in 1970 it was Republic of Korea ahead.
Republic of Korea ranks 13th and Saudi Arabia ranks 16th of 195 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 4 and Saudi Arabia in 2.
Head to head by decade
| Decade | Republic of Korea | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 653.74 million current US$ | 1.27 billion current US$ | 614.38 million current US$ | Saudi Arabia |
| 1980s | 3.77 billion current US$ | 5.06 billion current US$ | 1.29 billion current US$ | Saudi Arabia |
| 1990s | 13.73 billion current US$ | 8.04 billion current US$ | 5.69 billion current US$ | Republic of Korea |
| 2000s | 29.69 billion current US$ | 22.60 billion current US$ | 7.09 billion current US$ | Republic of Korea |
| 2010s | 60.29 billion current US$ | 51.48 billion current US$ | 8.81 billion current US$ | Republic of Korea |
| 2020s | 63.70 billion current US$ | 51.54 billion current US$ | 12.16 billion current US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: education expenditure, Republic of Korea or Saudi Arabia?
- Republic of Korea, at 70.32 billion current US$ against 51.54 billion current US$ in Saudi Arabia as of 2021.
- What is the difference in adjusted savings: education expenditure between Republic of Korea and Saudi Arabia?
- 18.78 billion current US$, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Saudi Arabia?
- 51 years are reported by both, from 1970 to 2020.
- How do Republic of Korea and Saudi Arabia rank globally for adjusted savings: education expenditure?
- Republic of Korea ranks 13th and Saudi Arabia ranks 16th of 195 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.