Total general (local, regional and central) government expenditure in educational institutions (current and capital), expressed as a percentage of GDP. It excludes transfers to private entities such as subsidies to households and students, but includes expenditure funded by transfers from international sources to government.
Data on education expenditure is received by country governments responding to UIS's annual survey on formal education. The data used to fill the questionnaire on education expenditure may come from annual financial reports by the Ministry of Finance and/or the Ministry of Education, and/or national accounts reports by the National Statistical Office. GDP data comes from the World Bank.
Divide total expenditure in public institutions of a given level of education (ex. primary, secondary, or all levels combined) by the GDP, and multiply by 100.
To show the proportion of a country’s wealth generated during a given year that has been spent by government authorities on educational institutions. This indicator is useful to compare education expenditure between countries and/or over time in relation to the size of their economy.
By level of education.