The country was number 23 in 2023, Cyprus overtook 5.55 Percent of GDP. Israel, Bolivia and Bhutan respectively were numbers 2, 3 and 4 in this ranking.
How does Australia rank in Government Expenditure on Education?
| # | 130 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Federated States of Micronesia | 10.56 | 2023 | +0.05% | +1.72% | View data |
| 2 | 2 Israel | 8.69 | 2023 | +6.99% | +7.48% | View data |
| 3 | 3 Bolivia | 8.63 | 2023 | +0.73% | +1.48% | View data |
| 4 | 4 Bhutan | 8.24 | 2023 | +1.18% | +6.28% | View data |
| 5 | 5 Iceland | 8.02 | 2023 | +0.39% | +1.17% | View data |
| 22 | 22 Slovenia | 5.67 | 2023 | +0.01% | +2.81% | View data |
| 23 | 23 Cyprus | 5.61 | 2023 | -0.053% | +2.18% | View data |
| 24 | 24 Australia | 5.55 | 2023 | -0.0011% | +1.6% | |
| 25 | 25 Malta | 5.54 | 2023 | -0.00013% | +2.26% | View data |
| 26 | 26 New Zealand | 5.54 | 2023 | -0.000037% | +1.34% | View data |