In 2024, South Korea leads in central government expenditure on education among the evaluated countries, dedicating 21.66% of total expenditures, showing a stable growth rate with a year-on-year increase of 1.01%. Israel and Netherlands, following at 18.79% and 17.64% respectively, also display positive trends except Netherlands, which has seen a minor decline. Slovenia and Ireland report significant gains. Conversely, countries like Poland and Finland, despite their solid rankings, face decreasing expenditures. Germany, despite a low expenditure share, indicates a notable uptick. Spain remains the lowest with only 0.73% dedicated to education.
Future trends to watch include a focus on sustainable growth in educational investment, adapting to technological advancements, addressing disparities in educational funding among countries, and the impact of economic fluctuations on government budgets for education. Monitoring regional commitments to education and potential policy shifts towards increased educational spending will be crucial for understanding global trends.
Top countries in Central Government Expenditures on Education by Country
| # | 10 Countries | Percent of Central Government Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 21.66 | 2023 | +1.07% | +1.01% | View data |
| 2 | 2 Israel | 18.79 | 2023 | +0.54% | +0.72% | View data |
| 3 | 3 Netherlands | 17.64 | 2023 | +0.28% | -0.034% | View data |
| 4 | 4 France | 16.81 | 2023 | +0.06% | -0.059% | View data |
| 5 | 5 Slovenia | 16.45 | 2023 | +0.3% | +0.61% | View data |
| 6 | 6 Ireland | 15.35 | 2023 | +1.05% | +1.4% | View data |
| 7 | 7 Poland | 14.86 | 2023 | -0.93% | -0.95% | View data |
| 8 | 8 Hungary | 14.54 | 2023 | +1.11% | +0.31% | View data |
| 9 | 9 Romania | 14.15 | 2023 | +4.43% | +4.44% | View data |
| 10 | 10 Luxembourg | 13.68 | 2023 | +0.073% | +0.19% | View data |
