In 2023, France leads in global central government expenditures on education with 16.51 million USD PPP, followed by the United States at 13.03 million USD PPP. Among the top spenders, South Korea, Italy, and Japan trail closely. The fastest year-on-year increases are observed in Luxembourg (3.31%), Israel (3.22%), Switzerland (3.15%), and Sweden (2.96%). Romania shows notable growth at 7.53%. Germany, Poland, and Ireland also reflect significant increments. While Spain, Greece, and Japan depict modest growth.
Future trends to watch include a potential shift as emerging economies increase focus on educational investment. Continued growth in countries like Israel and Luxembourg may influence larger global expenditure patterns. A slowdown in other regions might affect global education funding distribution.
Top countries in Central Government Expenditures on Education Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16.51 | 2023 | +1.83% | +2.28% | View data |
| 2 | 2 United States | 13.03 | 2023 | +0.39% | +0.14% | View data |
| 3 | 3 South Korea | 11.59 | 2023 | +2.61% | +2.34% | View data |
| 4 | 4 Italy | 11.3 | 2023 | +1.28% | +1.28% | View data |
| 5 | 5 Japan | 6.53 | 2023 | +0.2% | +0.2% | View data |
| 6 | 6 Netherlands | 6.11 | 2023 | +1.82% | +1.93% | View data |
| 7 | 7 Poland | 6.02 | 2023 | +1.72% | +2.69% | View data |
| 8 | 8 Israel | 3.27 | 2023 | +2.72% | +3.22% | View data |
| 9 | 9 Germany | 2.95 | 2023 | +3.23% | +2.88% | View data |
| 10 | 10 Romania | 2.74 | 2023 | +5.41% | +7.53% | View data |