In 2023, Norway led global primary education expenditure, spending $16,070 per student. Iceland and Sweden followed, spending $15,670 and $13,830, respectively. Belgium, Australia, Italy, Portugal, France, Poland, Estonia, Ireland, Colombia, and Mexico showed varied spending patterns, with Colombia and Mexico spending the least per student.
Year-over-year analysis from 2022-2023 revealed modest expenditure growth in most countries, with Poland (1.85%) and Colombia (2.55%) exhibiting notable increases. Conversely, Ireland experienced a decline (-1.06%). On average, these countries saw varying annual growth rates over the last five years.
Future trends suggest increased technology integration in education will drive expenditures. Economic conditions and policy changes may further influence spending patterns, signaling potential fluctuations in global primary education investments.
Top countries in Primary Education Expenditure by Country
| # | 10 Countries | US Dollars Per Student | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 16,070 | 2023 | +1.34% | +0.85% | View data |
| 2 | 2 Iceland | 15,670 | 2023 | +2.09% | +1.69% | View data |
| 3 | 3 Sweden | 13,830 | 2023 | +1.47% | +1.38% | View data |
| 4 | 4 Belgium | 11,960 | 2023 | +1.02% | +0.83% | View data |
| 5 | 5 Australia | 11,560 | 2023 | +1.61% | +1.48% | View data |
| 6 | 6 Italy | 10,260 | 2023 | +1.2% | +0.63% | View data |
| 7 | 7 Portugal | 9,580 | 2023 | +1.67% | +1.69% | View data |
| 8 | 8 France | 9,450 | 2023 | +1.77% | +1.61% | View data |
| 9 | 9 Poland | 9,380 | 2023 | +2.23% | +1.85% | View data |
| 10 | 10 Estonia | 8,880 | 2023 | +1.79% | +1.2% | View data |
