The Educational Spending of Top 10 Nations

The Organization for Economic Co-operation and Development (OECD) has published its annual Education at a Glance report, comparing a range of education sector metrics between its 36 member countries. In 2015, the average total expenditure on education, measured as a proportion of total government spending, was 11% for the OECD nations. The lowest was Greece, at 6%. Only five countries spent more than 15% on education: Brazil, Chile, Mexico and New Zealand were all between approximately 16% and 19%.

The United States spends more money educating its young people than any other nation.Most of the money invested in education comes from public sources, both in the U.S. and globally. However, the U.S. invested fewer tax dollars on educating its young people than most countries in 2014, paying 70 cents of each dollar spent on education, down two cents from a decade earlier. The average country in the OECD contributed 84 cents to each student’s bill.

Bar Chart for Education spending in top ten countries(from G20)

Geo map for Education spending in top ten countries in year 2014

Pie chart for Education spending in top ten countries in year 2015