In 2023, the United States accounted for the largest share of global government expenditures on education, substantially outpacing other nations. Germany, France, Japan, and the United Kingdom followed, albeit with significantly smaller shares. Over the last two years, countries like Romania, Czech Republic, and Israel demonstrated rapid year-on-year growth in their education expenditure shares, while Greece experienced a slight decline. The Compound Annual Growth Rate (CAGR) over the past five years shows consistent upward trends in most countries, emphasizing increased investment in education.
Future trends to watch include potential increases in educational budgets in emerging markets and technological advancements impacting educational infrastructure, which might shift the distribution of expenditure shares globally.
Top countries in Government Expenditures on Education Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 44.06 | 2023 | +1.39% | +1.6% | View data |
| 2 | 2 Germany | 7.16 | 2023 | +1.96% | +2.34% | View data |
| 3 | 3 France | 6.14 | 2023 | +1.63% | +2.16% | View data |
| 4 | 4 Japan | 5.83 | 2023 | +0.28% | +0.23% | View data |
| 5 | 5 United Kingdom | 5.35 | 2023 | +0.88% | +1.39% | View data |
| 6 | 6 South Korea | 3.77 | 2023 | +1.92% | +1.65% | View data |
| 7 | 7 Italy | 3.58 | 2023 | +1.01% | +1.15% | View data |
| 8 | 8 Australia | 2.73 | 2023 | +1.52% | +1.2% | View data |
| 9 | 9 Spain | 2.73 | 2023 | +1.18% | +1.72% | View data |
| 10 | 10 Poland | 2.32 | 2023 | +2.16% | +2.86% | View data |