Republic of Korea vs Spain: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Republic of Korea
- Spain
How they compare
Republic of Korea currently reports 70.32 billion current US$ against 57.43 billion current US$ in Spain, a difference of 12.89 billion current US$.
That makes Republic of Korea's figure about 1.2 times Spain's.
The two have swapped places 1 time across 52 shared years of data; in 1970 it was Spain ahead.
Republic of Korea ranks 13th and Spain ranks 14th of 195 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 2 and Spain in 4.
Head to head by decade
| Decade | Republic of Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 653.74 million current US$ | 1.89 billion current US$ | 1.24 billion current US$ | Spain |
| 1980s | 3.77 billion current US$ | 6.57 billion current US$ | 2.79 billion current US$ | Spain |
| 1990s | 13.73 billion current US$ | 23.08 billion current US$ | 9.36 billion current US$ | Spain |
| 2000s | 29.69 billion current US$ | 42.37 billion current US$ | 12.68 billion current US$ | Spain |
| 2010s | 60.29 billion current US$ | 55.49 billion current US$ | 4.80 billion current US$ | Republic of Korea |
| 2020s | 67.01 billion current US$ | 54.34 billion current US$ | 12.68 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 Spain?
- Republic of Korea, at 70.32 billion current US$ against 57.43 billion current US$ in Spain as of 2021.
- What is the difference in adjusted savings: education expenditure between Republic of Korea and Spain?
- 12.89 billion current US$, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Spain?
- 52 years are reported by both, from 1970 to 2021.
- How do Republic of Korea and Spain rank globally for adjusted savings: education expenditure?
- Republic of Korea ranks 13th and Spain ranks 14th of 195 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (current US$). 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.