In 2021, Chile was the country that spent the highest share of its gross domestic product (GDP) on higher education, reaching 2.4 percent. Of this, 1.5 percent came from private sources. The United States followed behind with its total spending reaching 2.4 percent of its GDP. On the other hand, higher education spending in Saudi Arabia only amounted to 0.3 percent of its GDP. To find out more about the expenditure on higher education per student in selected countries worldwide, please click here.

In 2021, Luxembourg was the OECD country that spent the highest amount on higher education per student, reaching roughly 35,000 U.S. dollars. This was even though it was the country that spent the lowest amount in terms of share of gross domestic product. The United States followed behind, with the United Kingdom in third. On the other hand, Mexico was the OECD country in which the lowest amount was spent per full-time student in higher education.

Out of the OECD countries, Luxembourg was the country that spent the most on educational institutions per full-time student in 2020. On average, 23,000 U.S dollars were spent on primary education, nearly 27,000 U.S dollars on secondary education, and around 53,000 U.S dollars on tertiary education. The United States followed behind, with Norway in third. Meanwhile, the lowest spending was in Mexico.

Global Higher Education Expenditure on R&D by Country, 2023 Discover more data with ReportLinker!

Germany increased 2.1% of Higher Education Expenditure on R&D in 2019, from a year earlier.

The average for 2021 based on 158 countries was 4.48 percent. The highest value was in Kiribati: 14.2 percent and the lowest value was in Nigeria: 0.38 percent. The indicator is available from 1970 to 2023. Below is a chart for all countries where data are available.

Global Higher Education Expenditure on R&D Financed from Abroad by Country, 2023 Discover more data with ReportLinker!

Finland FI: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data was reported at 27.913 % in 2014. This records a decrease from the previous number of 28.042 % for 2013. Finland FI: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data is updated yearly, averaging 27.913 % from Dec 1970 (Median) to 2014, with 41 observations. The data reached an all-time high of 34.030 % in 2000 and a record low of 11.083 % in 1971. Finland FI: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Finland – Table FI.World Bank: Education Statistics. Expenditure on tertiary education is expressed as a percentage of total general government expenditure on education. General government usually refers to local, regional and central governments.; ; United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics.; Median;

Indian students studying abroad in higher education courses spent over ** billion U.S. dollars in the United States in 2023. The expenditure on higher education abroad by Indians was over ** billion in Canada. English-speaking countries like the United States, Australia, Canada, the United Kingdom, and Ireland are most preferred by Indian students.

In 2020, the government expenditure per tertiary student in Hong Kong was just over ** thousand U.S. dollars. Comparatively, the government expenditure per tertiary student in Bangladesh was just under *** U.S. dollars in 2020.

Brazil BR: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data was reported at 21.454 % in 2015. This records an increase from the previous number of 19.274 % for 2014. Brazil BR: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data is updated yearly, averaging 18.958 % from Dec 1995 (Median) to 2015, with 18 observations. The data reached an all-time high of 25.468 % in 1995 and a record low of 15.910 % in 2008. Brazil BR: Government Expenditure on Tertiary Education: % of Government Expenditure on Education data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Social: Education Statistics. Expenditure on tertiary education is expressed as a percentage of total general government expenditure on education. General government usually refers to local, regional and central governments.;UNESCO Institute for Statistics (http://uis.unesco.org/). Data as of February 2020.;Median;

Japan JP: Higher Education Expenditure on R&D (HERD) data was reported at 2,198,328.000 JPY mn in 2022. This records an increase from the previous number of 2,149,630.000 JPY mn for 2021. Japan JP: Higher Education Expenditure on R&D (HERD) data is updated yearly, averaging 2,094,111.500 JPY mn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 2,252,158.000 JPY mn in 1998 and a record low of 966,083.800 JPY mn in 1981. Japan JP: Higher Education Expenditure on R&D (HERD) data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.MSTI: Gross Domestic Expenditure on Research and Development: OECD Member: Annual.

For Japan, in 2008, 2013 and 2018, the FTE coefficients for researchers in the higher education sector were revised, producing an increase in 2013 and 2018, and a decrease in 2008, in both R&D expenditure and personnel for this sector and the national total.

Beginning with the 2002/2003 survey (OECD data 2002), the coefficients supplied by the Ministry of Education, Culture, Sports, Science and Technology were applied to doctoral level students as well as teachers when calculating FTE for the HE sector, resulting in a break in series in that year.

Before 1996, Higher Education expenditure and personnel data in FTE are OECD estimates derived from official headcount-based data.

GBARD data represent the budget for S&T. Local government budgets are included in total GBARD figures from 2017 and broken down by socio-economic objective from 2022. Since 2016, the aggregation method of S&T budgets has changed. From 2011 onwards, GBARD for the “Education and Society” socio-economic objective include a more accurate measure of the budget of the National Institute for Cultural Heritage. Military procurement contracts are excluded from defence GBARD. Before 2010, GUF excludes SSH.

Global Tertiary Education Expenditure from Public Sources by Country, 2023 Discover more data with ReportLinker!

Luxembourg LU: Higher Education Expenditure on R&D (HERD) data was reported at 188.373 EUR mn in 2022. This records an increase from the previous number of 188.119 EUR mn for 2021. Luxembourg LU: Higher Education Expenditure on R&D (HERD) data is updated yearly, averaging 84.953 EUR mn from Dec 2000 (Median) to 2022, with 22 observations. The data reached an all-time high of 188.373 EUR mn in 2022 and a record low of 0.900 EUR mn in 2000. Luxembourg LU: Higher Education Expenditure on R&D (HERD) data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.MSTI: Gross Domestic Expenditure on Research and Development: OECD Member: Annual.

In Luxembourg, a better identification of R&D in software-related activities resulted in a break in series in 2012 for BERD (and GERD). From 2009, some budgetary items of the Ministry of Research and other ministries are no longer included in the government’s own R&D funds. The impact on GOVERD is a drop of less than 7 million.

In 2021, Norway and Iceland allocated around two percent of their GDP to early childhood education programs. In contrast, Chile and the United States devoted the largest shares of GDP to tertiary education among all OECD members, spending 2.4 and 2.3 percent, respectively.

The statistic shows the governmental expenditures for research in the higher education sector in 2008 by selected countries worldwide as a share of GDP. **** percent of Sweden's GDP were spent in this way. Gross domestic product (GDP) refers to the market value of all final goods and services produced within a country in a given period.

This dataset provides values for GOVERNMENT EXPENDITURE ON TERTIARY EDUCATION AS PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Time series data for the statistic Government expenditure on tertiary education as % of GDP (%) and country Costa Rica. Indicator Definition:Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. Divide total government expenditure for a given level of education (ex. primary, secondary, or all levels combined) by the GDP, and multiply by 100. A higher percentage of GDP spent on education shows a higher government priority for education, but also a higher capacity of the government to raise revenues for public spending, in relation to the size of the country's economy. When interpreting this indicator however, one should keep in mind in some countries, the private sector and/or households may fund a higher proportion of total funding for education, thus making government expenditure appear lower than in other countries. Limitations: In some instances data on total public expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/The indicator "Government expenditure on tertiary education as % of GDP (%)" stands at 1.57 as of 12/31/2019, the lowest value since 12/31/2015. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -2.77 percent compared to the value the year prior.The 1 year change in percent is -2.77.The 3 year change in percent is -3.65.The 5 year change in percent is 5.40.The 10 year change in percent is 36.75.The Serie's long term average value is 1.36. It's latest available value, on 12/31/2019, is 15.61 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2000, to it's latest available value, on 12/31/2019, is +72.31%.The Serie's change in percent from it's maximum value, on 12/31/1980, to it's latest available value, on 12/31/2019, is -27.74%.

This statistic shows the expenditure of different countries on tertiary education per student in Purchasing Power Parity (PPP) constant 2010 U.S. dollars. In the United States, 26,400 U.S. dollars was spent per tertiary school student in 2010.

This dataset provides values for GOVERNMENT EXPENDITURE ON TERTIARY EDUCATION AS PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.