Latest Korean Statistical Information Service (KOSIS) News & Updates

South Korean Families’ Spending on Private Education Soars Over 60% in a Decade

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Seoul, Jan 4 (IANS) South Korean families’ spending on private education for their children has jumped by more than 60 percent over the past decade, government data showed on Sunday.According to the Korean Statistical Information Service (KOSIS) for the Ministry of Data and Statistics, South Korean households spent just under 29.2 trillion won (US$20.2 billion) on private education in 2024, up by 60.1 per cent from 2014.This also marked a fourth consecutive year of increase in private education …