Countries by Education Spending as % of GDP 2024

Source: Wikipedia

Countries by Education Spending as % of GDP 2024

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Key Findings

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Micronesia leads in Education Spending (% GDP) with 9.70 in 2024.

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Average Education Spending (% GDP) in 2024: 7.40 · median: 7.15.

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Gap in 2024: Micronesia is 1.7× larger than United Kingdom.

About This Dataset

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 economic productivity and human development outcomes.

Analysis

Micronesia heads the table on 9.70, ahead of Cuba (8.60) and Iceland (7.70) in Education Spending (% GDP) in 2024. 3.90 separates the highest figure (9.70) from the lowest (5.80). First and second are separated by 1.10, so the leader sits inside the field rather than apart from it. Places 3 to 8 are close together, spanning 7.70 to 5.80.

Data Insights Below

Data Insights

Numbers, trends & sources behind this chart

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Data Points

8 categories · 1 year

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Top Value

9.70

Micronesia

Education Spending (% GDP) · 2024

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Metrics

Education Spending (% GDP)

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Period

2024

Single year snapshot

Methodology & source

Data source: Wikipedia
Coverage: 8 entities · 2024 · 8 observations
Measure: Education Spending (% GDP)
Last updated: 6 September 2026
Compiled by: The ANYSTAT team, from the source above

How the figures are calculated

Values use the measure and unit named on this page. Consult the dataset description and cited source for coverage, definitions and any unit conversions. Displayed values may be rounded for readability.
Entities are ranked highest-first on their value in 2024.

Rankings & Full Data

8 records · Education Spending (% GDP) · ranked by 2024

✓ 8 sourced

#	Category	2024
🥇	Micronesia	9.70
🥈	Cuba	8.60
🥉	Iceland	7.70
4	Norway	7.40
5	New Zealand	6.90
6	Sweden	6.70
7	Denmark	6.40
8	United Kingdom	5.80

Data Sources & References

All external sources cited in this dataset

1 https://en.wikipedia.org/wiki/List_of_countries_by_spending_on_education Visit ↗

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APA

ANYSTAT. (2026). Countries by Education Spending as % of GDP 2024 [Data set]. Data: Wikipedia. https://anystat.ai/stats/87/countries-by-education-spending-gdp-2024

MLA

"Countries by Education Spending as % of GDP 2024." ANYSTAT, 6 Sep. 2026, https://anystat.ai/stats/87/countries-by-education-spending-gdp-2024.

Link for your website

<a href="https://anystat.ai/stats/87/countries-by-education-spending-gdp-2024">Countries by Education Spending as % of GDP 2024</a> (ANYSTAT)

Countries by Education Spending as % of GDP 2024