According to OCED’s ‘2008 Education at a Glance,’ public education cost rate was 7.2% of Korea’s GDP, higher than OECD average 5.8%.
Out of public education cost, government contribution was 4.3%, lower than OECD average (5.0%), and civil load was 2.9%, higher than average (0.8%).
Number of students per class and student number per teacher are still higher than OECD average.
Teacher’s genuine class hours per year were somewhat lower, but class days were more over all elementary, middle, and regular high schools in Korea than OECD average.
With regard to wage, elementary schools and middle schools are higher than OECD average, but high schools are a bit lower.
Wages of teachers for 15 years and more and teachers of the highest pay step over elementary, middle, and high schools were all higher than OECD average.
In response to this, Ministry of Education and Science Technology explained that “simple comparison does not make sense in that each country has different payment system, and whole duration to the highest pay step takes 37 years in Korea, longer than OECD average (24 years).”
KFTA gave out a statement that “Public education spending rate, public education cost per student, number of students per teacher and the like are still lower than OECD countries” and “It confirms that education condition improvement through education investment, basics to raise education power, is much needed.”
KFTA particularly indicated that “comparison of teacher’s wage among OECD countries is lack of objectivity” in that “current Korea’s public sector employees’ wage level is about 89.7% of the workers’ wage in business with more than 100 employees.”