In 2023, expenditure on secondary education showed significant variation across countries, with Norway leading at $17,000 per student. Australia followed at $15,020, and the United Kingdom at $13,240. Japan and Finland allocated $11,550 and $11,220 per student, respectively, while Russia and Colombia spent comparatively less, at $6,040 and $3,600 per student.
Year-on-year, expenditure increased slightly, with Colombia (1.94%) and Australia (1.19%) showing the highest growth. Over the last five years, the compound annual growth rate (CAGR) for most countries indicates a modest yet steady investment trend in secondary education.
Future trends to watch:
- Increasing investment in digital learning tools.
- Focus on equitable access to education resources globally.
- Continued emphasis on STEM education within budgets.
Top countries in Secondary Education Expenditure by Country
| # | 7 Countries | US Dollars Per Student | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 17,000 | 2023 | +0.82% | +0.67% | View data |
| 2 | 2 Australia | 15,020 | 2023 | +1.75% | +1.19% | View data |
| 3 | 3 United Kingdom | 13,240 | 2023 | +1.24% | +0.74% | View data |
| 4 | 4 Japan | 11,550 | 2023 | +0.5% | +0.39% | View data |
| 5 | 5 Finland | 11,220 | 2023 | +0.55% | +0.29% | View data |
| 6 | 6 Russia | 6,040 | 2023 | +1.57% | +1.04% | View data |
| 7 | 7 Colombia | 3,600 | 2023 | +2.32% | +1.94% | View data |