This chart shows public expenditure in a given financial year on education as a percentage of GDP.
Public expenditure on education as a percentage of GDP gives an indication of how a country prioritises education in relation to its overall allocation of resources. Public expenditure on education includes spending on schools, universities and other public and private institutions involved in delivering or supporting educational services. Expenditure on educational institutions is not limited to expenditure on instructional services but also includes public expenditure on ancillary services for students and families, where these services are provided through educational institutions. At the tertiary level, spending on research and development can also be significant and is included in this indicator, to the extent that the research is performed by educational institutions.
It reflects the level of commitment of a government to devote financial resources to the development of its educational system.