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Table 4 Age-specific basic subsidies and the number of supported young children

From: Childcare Policy in Korea: Current Status and Major Issues

Classification

Under 1 year

1 year

2 years

Number of supported children

Year 2006

KRW 249,000

KRW 104,000

KRW 69,000

191,000

Year 2007

KRW 292,000

KRW 134,000

KRW 86,000

200,000

  1. Note. In 2007, the unit price for childcare borne by parents is KRW 361,000 for under 1-year olds, and KRW 262,000 for 2-year olds