Which Countries Invest The Most In Education?

According to a report from the Organisation for Economic Co-operation and Development (OECD), expenditure on education varies significantly between countries. The percentage of public expenditure set aside for the education system has been increasing in recent years and the OECD average now stands at 12.9 percent of total public expenditure.

New Zealand is at the very top of the scale - 21.6 percent of the country's total public expenditure is devoted to education. Mexico isn't far behind with 20.5 percent. The story is similar in Brazil where a significant proportion of public finances, 19.2 percent, gets spent on the education system. Elsewhere, that figure is 13.6 percent for the United States and 12.2 percent for the United Kingdom. Italy trails a long distance behind with 8.6 percent.

Description

This chart shows expenditure on education as a percentage of total public expenditure in selected countries.

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Spending on educational institutions as a percentage of GDP in OECD countries, in 2021, by level of education
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Share of GDP dedicated to education expenditures for educational institutions in a selection of countries in 2019
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Share of public expenditure on education in the Gross Domestic Product (GDP) in European Union countries in 2018, by level of education
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Average expenditure per student in primary and higher education in a selection of countries in 2019 (in equivalent U.S. dollars)
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Expenditure on education as a percentage of total government expenditure in Latin America from 2010 to 2022
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Public expenditure on education in Italy as a percentage of the total government expenditure in 2024, by stage

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