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Countries by Education Spending as % of GDP 2024

Countries ranked by public expenditure on education as a percentage of GDP in 2024. Small island nations and Nordic countries tend to top education spending rankings. Higher education investment is strongly correlated with long-term economi...

About: Countries by Education Spending as % of GDP 2024

Overview of the data behind this chart
Countries ranked by public expenditure on education as a percentage of GDP in 2024. Small island nations and Nordic countries tend to top education spending rankings. Higher education investment is strongly correlated with long-term economic productivity and human development outcomes.

Key Findings

Auto-computed highlights from this dataset
🏆
Micronesia leads with 10 in 2024.
📊
Average value in 2024: 7  ·  median: 7.
↔️
Gap in 2024: Micronesia is 1.7× larger than United Kingdom.

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Countries by Education Spending as % of GDP 2024

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Data Insights

Numbers, trends & sources behind this chart
Client
Data Points
8
8 categories  ·  1 year
Top Value
10
Micronesia
Education Spending (% GDP) · 2024
Metrics
1
Education Spending (% GDP)
Period
2024
Single year snapshot

Category Rankings

Ranked by 2024 value · vs. 2024
# Category 2024 2024 Change
🥇 Micronesia 10 10 +0%
🥈 Cuba 9 9 +0%
🥉 Iceland 8 8 +0%
4 Norway 7 7 +0%
5 New Zealand 7 7 +0%
6 Sweden 7 7 +0%
7 Denmark 6 6 +0%
8 United Kingdom 6 6 +0%
Statistical Summary — 2024
10
Maximum
6
Minimum
7
Average
7
Median

What This Data Shows

Auto-generated trend summaries per category
Micronesia
Recorded 10 Education Spending (% GDP) in 2024.
Cuba
Recorded 9 Education Spending (% GDP) in 2024.
Iceland
Recorded 8 Education Spending (% GDP) in 2024.
Norway
Recorded 7 Education Spending (% GDP) in 2024.
New Zealand
Recorded 7 Education Spending (% GDP) in 2024.
Sweden
Recorded 7 Education Spending (% GDP) in 2024.
Denmark
Recorded 6 Education Spending (% GDP) in 2024.
United Kingdom
Recorded 6 Education Spending (% GDP) in 2024.

Full Data Table

8 records across 1 year
8 sourced
Category Metric 2024 Source
Micronesia Education Spending (% GDP) 10
Cuba Education Spending (% GDP) 9
Iceland Education Spending (% GDP) 8
Norway Education Spending (% GDP) 7
New Zealand Education Spending (% GDP) 7
Sweden Education Spending (% GDP) 7
Denmark Education Spending (% GDP) 6
United Kingdom Education Spending (% GDP) 6

Data Sources & References

All external sources cited in this dataset

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