In 2024, Sweden led the expenditure on education from primary to tertiary levels at 5.32% of GDP, followed by Israel and Brazil. While Sweden and Israel showed an uptrend with year-on-year variations of 0.15% and 0.65%, respectively, Ireland saw the most significant decline at -7.22%. New Zealand and Italy also demonstrated negative growth, reflecting broader educational expenditure cuts. Japan, with a small proportion (2.71%), showed a continuous decrease, demonstrating potential concerns about public funding in education.
Looking ahead, economies may need to balance growth with sustainability. Countries with declining trends might prioritize addressing funding inefficiencies while high-growth nations like Israel continue expanding their investments. Monitoring macroeconomic changes and policy reforms will provide insights into potential shifts in global educational funding.
Top countries in Primary to Tertiary Education Expenditure from Public Sources by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 5.32 | 2023 | +0.29% | +0.15% | View data |
| 2 | 2 Israel | 5.24 | 2023 | +0.68% | +0.65% | View data |
| 3 | 3 Brazil | 5.05 | 2023 | +0.17% | +0.39% | View data |
| 4 | 4 New Zealand | 4.5 | 2023 | -0.62% | -0.61% | View data |
| 5 | 5 France | 4.45 | 2023 | -0.19% | -0.19% | View data |
| 6 | 6 Austria | 4.32 | 2023 | -0.47% | -0.28% | View data |
| 7 | 7 Estonia | 3.84 | 2023 | -0.76% | -1.24% | View data |
| 8 | 8 Colombia | 3.62 | 2023 | -1.04% | -0.94% | View data |
| 9 | 9 Czech Republic | 3.56 | 2023 | +0.66% | -0.2% | View data |
| 10 | 10 Poland | 3.52 | 2023 | -1.15% | -1.23% | View data |
