Education Expenditures by Country

Marshall Islands has the highest education expenditures (% of total GDP) in the world at 13.6%.

Analysis

Norway, Denmark, and Sweden spend the most on education per capita, reflecting strong public commitments. Developing countries often spend less due to limited resources. High spending is linked to better student outcomes, but priorities vary between early and higher education. Private and international funding can supplement public investment. This ranking highlights the importance of sustained investment in human capital.

Global Rankings

Rank Country Education Expenditures (%) Date
1
Marshall Islands
13.6% 2020
2
Solomon Islands
12.8% 2020
3
Kiribati
12.4% 2019
4
Greenland
10.2% 2019
5
Bolivia
9.8% 2020
6
Micronesia, Federated States of
9.7% 2018
7
Namibia
9.6% 2021
8
Sierra Leone
9.1% 2021
9
Botswana
8.7% 2020
10
Lesotho
8.7% 2021
11
Belize
8.7% 2021
12
Saudi Arabia
7.8% 2020
13
Iceland
7.7% 2020
14
Cabo Verde
7.6% 2020
15
Faroe Islands
7.6% 2019
16
Tunisia
7.3% 2016
17
Sweden
7.2% 2020
18
Nauru
7.1% 2021
19
Israel
7.1% 2020
20
Algeria
7.0% 2020
21
Bhutan
7.0% 2021
22
Morocco
6.8% 2020
23
Palau
6.8% 2019
24
Costa Rica
6.7% 2020
25
Belgium
6.7% 2020
26
South Africa
6.6% 2021
27
Tonga
6.6% 2021
28
Estonia
6.6% 2020
29
Kuwait
6.6% 2020
30
Barbados
6.5% 2021
31
Honduras
6.4% 2020
32
Denmark
6.4% 2020
33
Moldova
6.4% 2020
34
Mozambique
6.3% 2020
35
Macau
6.3% 2020
36
Kyrgyzstan
6.2% 2020
37
Australia
6.1% 2020
38
Cyprus
6.1% 2020
39
United States
6.1% 2020
40
New Zealand
6.0% 2020
41
Jamaica
6.0% 2021
42
Latvia
6.0% 2020
43
Brazil
6.0% 2019
44
Tajikistan
5.9% 2020
45
Finland
5.9% 2020
46
Malta
5.9% 2020
47
Norway
5.9% 2020
48
Slovenia
5.8% 2020
49
Maldives
5.8% 2020
50
Fiji
5.7% 2020
51
Saint Vincent and the Grenadines
5.7% 2018
52
Chile
5.6% 2019
53
Burkina Faso
5.5% 2020
54
Senegal
5.5% 2020
55
Aruba
5.5% 2016
56
Dominica
5.5% 2021
57
Croatia
5.5% 2020
58
France
5.5% 2020
59
United Kingdom
5.5% 2020
60
Montserrat
5.4% 2020
61
Ukraine
5.4% 2020
62
Oman
5.4% 2019
63
Netherlands
5.3% 2020
64
Seychelles
5.2% 2020
65
Poland
5.2% 2020
66
Switzerland
5.2% 2020
67
Canada
5.2% 2020
68
Uzbekistan
5.1% 2020
69
Austria
5.1% 2020
70
Czech Republic
5.1% 2020
71
Burundi
5.0% 2020
72
Sao Tome and Principe
5.0% 2020
73
Swaziland
5.0% 2021
74
Luxembourg
5.0% 2020
75
Portugal
5.0% 2020
76
Argentina
5.0% 2020
77
Suriname
5.0% 2020
78
Mauritius
4.9% 2021
79
Colombia
4.9% 2020
80
Kenya
4.8% 2021
81
Samoa
4.8% 2020
82
Hungary
4.8% 2020
83
South Korea
4.7% 2019
84
Mongolia
4.7% 2020
85
Belarus
4.7% 2021
86
Germany
4.7% 2020
87
Iraq
4.7% 2016
88
Cook Islands
4.6% 2021
89
Dominican Republic
4.6% 2020
90
Nicaragua
4.6% 2020
91
Slovakia
4.6% 2020
92
Spain
4.6% 2020
93
Uruguay
4.6% 2020
94
Republic of the Congo
4.5% 2020
95
Ethiopia
4.5% 2019
96
Turks and Caicos Islands
4.5% 2021
97
Kazakhstan
4.5% 2020
98
Guyana
4.5% 2018
99
India
4.5% 2020
100
Mali
4.4% 2021
101
Brunei
4.4% 2016
102
Greece
4.4% 2020
103
Italy
4.3% 2020
104
Azerbaijan
4.3% 2020
105
Mexico
4.3% 2018
106
Timor-Leste
4.2% 2020
107
Nepal
4.2% 2020
108
El Salvador
4.1% 2020
109
Trinidad and Tobago
4.1% 2020
110
Vietnam
4.1% 2020
111
Togo
4.0% 2020
112
Anguilla
4.0% 2020
113
Hong Kong
4.0% 2021
114
Bulgaria
4.0% 2020
115
Lithuania
4.0% 2019
116
Peru
4.0% 2021
117
Ghana
3.9% 2018
118
Zimbabwe
3.9% 2018
119
Panama
3.9% 2020
120
Malaysia
3.9% 2020
121
United Arab Emirates
3.9% 2020
122
Niger
3.8% 2020
123
Rwanda
3.8% 2021
124
Antigua and Barbuda
3.8% 2021
125
Zambia
3.7% 2020
126
Russia
3.7% 2020
127
Philippines
3.7% 2020
128
Romania
3.7% 2020
129
Ecuador
3.7% 2021
130
Djibouti
3.6% 2018
131
Grenada
3.6% 2018
132
Puerto Rico
3.6% 2021
133
Saint Lucia
3.6% 2020
134
China
3.6% 2020
135
Serbia
3.6% 2019
136
Georgia
3.6% 2021
137
Iran
3.6% 2020
138
Indonesia
3.5% 2020
139
Cote d'Ivoire
3.4% 2020
140
Japan
3.4% 2020
141
San Marino
3.4% 2020
142
Turkey
3.4% 2020
143
Tanzania
3.3% 2021
144
Paraguay
3.3% 2020
145
Cameroon
3.2% 2020
146
Gabon
3.2% 2020
147
Thailand
3.2% 2020
148
Jordan
3.2% 2021
149
Qatar
3.2% 2020
150
Madagascar
3.1% 2020
151
Guatemala
3.1% 2021
152
Turkmenistan
3.1% 2019
153
Cambodia
3.1% 2020
154
Albania
3.1% 2020
155
Ireland
3.1% 2020
156
Benin
3.0% 2020
157
Chad
2.9% 2021
158
Malawi
2.9% 2020
159
Andorra
2.9% 2021
160
Afghanistan
2.9% 2020
161
Gambia
2.8% 2020
162
Bahamas
2.8% 2021
163
Singapore
2.8% 2021
164
Armenia
2.8% 2021
165
Democratic Republic of the Congo
2.7% 2021
166
Guinea-Bissau
2.7% 2020
167
Liberia
2.7% 2021
168
Uganda
2.7% 2021
169
British Virgin Islands
2.6% 2020
170
Egypt
2.5% 2020
171
Saint Kitts and Nevis
2.5% 2021
172
Angola
2.4% 2020
173
Pakistan
2.4% 2021
174
Vanuatu
2.3% 2020
175
Laos
2.3% 2020
176
Central African Republic
2.2% 2020
177
Guinea
2.2% 2020
178
Bahrain
2.2% 2020
179
Cayman Islands
2.1% 2019
180
Burma
2.1% 2019
181
Bangladesh
2.1% 2021
182
Mauritania
1.9% 2020
183
Bermuda
1.9% 2021
184
Sri Lanka
1.9% 2019
185
Lebanon
1.7% 2020
186
Haiti
1.4% 2020
187
Papua New Guinea
1.4% 2020
188
Venezuela
1.3% 2017
189
Monaco
1.2% 2019
190
Somalia
0.3% 2019

Why Education Spending Matters

Education expenditures reflect a country's commitment to developing its human capital. Higher spending can improve access, quality, and outcomes in education. Investment in education drives innovation, economic growth, and social mobility. Comparing expenditures helps identify gaps and best practices. Sustained funding is essential for building a skilled and adaptable workforce.

Sources

Rankings are based on the most recent data available and may vary over time as new data is released. This list uses the latest available data from The World Factbook.
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