In 2023, the United States led in state government spending on education with 30.27%, followed by Belgium at 26.5%, and Switzerland at 25.71%. Notably, Germany showed a positive growth trend with a 0.27% increase. Conversely, Belgium and Austria experienced declines of 1.31% and 0.71%, respectively. Over a five-year period, the Compound Annual Growth Rate (CAGR) highlights fluctuation, with some countries experiencing more stable trends than others.
For future trends, attention should be paid to economic shifts and policy changes that could impact educational investments. Countries may recalibrate budgets in response to economic pressures or educational reform initiatives, influencing future expenditure trajectories.
Top countries in State Government Expenditures on Education by Country
| # | 6 Countries | Percent of State Government Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 30.27 | 2023 | -0.16% | -0.22% | View data |
| 2 | 2 Belgium | 26.5 | 2023 | -1.71% | -1.31% | View data |
| 3 | 3 Switzerland | 25.71 | 2023 | -0.16% | -0.031% | View data |
| 4 | 4 Spain | 23.79 | 2023 | +0.084% | -0.034% | View data |
| 5 | 5 Germany | 23.77 | 2023 | -0.25% | +0.27% | View data |
| 6 | 6 Austria | 16.1 | 2023 | -0.49% | -0.71% | View data |
