Korea vs Latvia: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Korea
- Latvia
How they compare
Korea currently reports 3.8% against 3.8% in Latvia, a difference of 0.0%.
The two have swapped places 5 times across 52 shared years of data; in 1970 it was Latvia ahead.
Korea ranks 106th and Latvia ranks 108th of 200 countries.
Across the 6 decades both report, Korea averaged higher in 2 and Latvia in 4.
Head to head by decade
| Decade | Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.4% | 3.2% | 0.7% | Latvia |
| 1980s | 3.3% | 3.2% | 0.1% | Korea |
| 1990s | 3.1% | 5.2% | 2.1% | Latvia |
| 2000s | 3.5% | 4.6% | 1.1% | Latvia |
| 2010s | 4.2% | 4.5% | 0.4% | Latvia |
| 2020s | 3.8% | 3.8% | 0.0% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: education expenditure, Korea or Latvia?
- Korea, at 3.8% against 3.8% in Latvia as of 2021.
- What is the difference in adjusted savings: education expenditure between Korea and Latvia?
- 0.0%, with Korea ahead.
- How many years of comparable data are there for Korea and Latvia?
- 52 years are reported by both, from 1970 to 2021.
- How do Korea and Latvia rank globally for adjusted savings: education expenditure?
- Korea ranks 106th and Latvia ranks 108th of 200 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.