The country was number 6 in 2023, Latvia overtook 5.3 Percent of GDP. The United Kingdom, Iceland and Belgium respectively were numbers 2, 3 and 4 in this ranking.
How does Montenegro rank in Education Nominal Expenditure?
| # | 36 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 7.3 | 2023 | -1.35% | +1.73% | View data |
| 2 | 2 United Kingdom | 6.2 | 2023 | 0% | +1% | View data |
| 3 | 3 Iceland | 6.1 | 2023 | +1.67% | +0.33% | View data |
| 4 | 4 Belgium | 6.1 | 2023 | 0% | +0.33% | View data |
| 5 | 5 Sweden | 5.9 | 2023 | 0% | -1.3% | View data |
| 6 | 6 Latvia | 5.3 | 2023 | 0% | +1.17% | View data |
| 7 | 7 Montenegro | 5.3 | 2023 | +10.42% | +1.58% | |
| 8 | 8 Austria | 5.2 | 2023 | +1.96% | +0.39% | View data |
| 9 | 9 Portugal | 5 | 2023 | +2.04% | +1.68% | View data |