The global expenditure on tertiary education varies significantly, with Jamaica, Oman, and Bolivia leading in 2024. Noteworthy increases are observed in Bolivia and Moldova. Declines in tertiary education spending include Serbia and Belgium. Over the last two years, the highest increases in expenditure were seen in Guatemala and Cyprus, while declines in El Salvador and Albania indicate budgetary contractions. Historically, countries like Jordan have shown robust growth, likely due to strategic investments.
Future trends to watch include technological integration in education and the role of private investment in shaping funding priorities. Countries may also reassess expenditure frameworks to adapt to economic fluctuations and evolving educational needs.
Top countries in Current Tertiary Education Expenditure by Country
| # | 10 Countries | Percent of Expenditure in Tertiary Public Educational Institutions | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Jamaica | 99.93 | 2021 | +0.21% | +0.85% | View data |
| 2 | 2 Oman | 99.81 | 2021 | +41.1% | +22.2% | View data |
| 3 | 3 Bolivia | 99.61 | 2023 | +0.93% | +1.58% | View data |
| 4 | 4 Barbados | 98.96 | 2022 | +0.64% | View data | |
| 5 | 5 South Africa | 98.77 | 2023 | -1.23% | +0.72% | View data |
| 6 | 6 Mexico | 98.49 | 2023 | +0.23% | +0.38% | View data |
| 7 | 7 Iceland | 98.37 | 2023 | +0.37% | +0.29% | View data |
| 8 | 8 Kyrgyzstan | 97.99 | 2021 | -1.4% | -0.32% | View data |
| 9 | 9 Ireland | 97.71 | 2023 | +0.24% | -0.11% | View data |
| 10 | 10 Argentina | 97.59 | 2023 | +0.0042% | -0.3% | View data |
