In 2023, Luxembourg led global primary to post-secondary non-tertiary education expenditure per student at $23.92K, followed by Sweden ($14.11K) and Denmark ($11.51K). Portugal and Slovenia spent $10.53K and $9.81K, respectively. Colombia, at $3.59K, reflected relatively lower expenditure. Recent trends showed expenditure increases in Sweden (1.43%), Portugal (1.01%), and Colombia (2.23%), while Denmark and Ireland experienced declines of -0.079% and -0.35%, respectively.
Future trends to watch include:
- The potential impact of inflation on education budgets.
- Technological advancements and their cost implications.
- Shifts in government education policies and funding commitments worldwide.
Top countries in Primary to Post-Secondary Non-Tertiary Education Expenditure by Country
| # | 7 Countries | US Dollars Per Student | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 23,920 | 2023 | +1.02% | +0.46% | View data |
| 2 | 2 Sweden | 14,110 | 2023 | +1.51% | +1.43% | View data |
| 3 | 3 Denmark | 11,510 | 2023 | +0.19% | -0.079% | View data |
| 4 | 4 Portugal | 10,530 | 2023 | +1.12% | +1.01% | View data |
| 5 | 5 Slovenia | 9,810 | 2023 | +0.75% | +0.48% | View data |
| 6 | 6 Ireland | 9,750 | 2023 | +0.2% | -0.35% | View data |
| 7 | 7 Colombia | 3,590 | 2023 | +2.23% | +2.23% | View data |
