In 2023, Estonia, Slovakia, and Israel lead in local government expenditure on education, with figures standing at 40.64%, 40.11%, and 38.99%, respectively. Notable year-on-year increases were observed in Austria (1.02%) and Greece (1.69%). Conversely, Hungary and Luxembourg saw significant declines of 5.91% and 3.64%. Over the past five years, trends indicate variable changes, with some countries maintaining steady growth while others experience fluctuations in spending prioritization.
Future trends to monitor include potential realignment of budgetary priorities in response to political and economic shifts, the impact of technology integration in education, and the increased importance of sustainable educational investments globally.
Top countries in Local Government Expenditures on Education by Country
| # | 10 Countries | Percent of Local Government Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 40.64 | 2023 | +0.42% | +0.4% | View data |
| 2 | 2 Slovakia | 40.11 | 2023 | +0.15% | +0.51% | View data |
| 3 | 3 Israel | 38.99 | 2023 | +0.88% | +0.77% | View data |
| 4 | 4 Latvia | 37.42 | 2023 | +0.32% | +0.69% | View data |
| 5 | 5 Slovenia | 37.01 | 2023 | -0.027% | +0.087% | View data |
| 6 | 6 Lithuania | 35.85 | 2023 | -0.31% | -0.44% | View data |
| 7 | 7 Iceland | 32.89 | 2023 | -0.93% | -0.89% | View data |
| 8 | 8 Netherlands | 31.02 | 2023 | +0.19% | +0.2% | View data |
| 9 | 9 Switzerland | 29.82 | 2023 | +0.64% | +0.81% | View data |
| 10 | 10 Colombia | 27.98 | 2023 | -1.03% | -0.44% | View data |
