Here are the top ten countries by expenditure on education, according to the latest data available from the World Bank:
- United States: The United States spends the most on education, with a total expenditure of $1.3 trillion in 2019.
- China: China is the second-highest spender on education, with a total expenditure of $700 billion in 2019.
- Japan: Japan spends around $160 billion on education, making it the third-highest spender.
- Germany: Germany spends around $160 billion on education, which is equivalent to Japan’s expenditure.
- United Kingdom: The United Kingdom spends around $130 billion on education.
- France: France spends around $110 billion on education.
- Brazil: Brazil spends around $100 billion on education.
- Russia: Russia spends around $85 billion on education.
- Italy: Italy spends around $80 billion on education.
- Canada: Canada spends around $70 billion on education.
It is worth noting that the rankings can change from year to year, as countries’ economic situations and priorities can vary.
Top Ten Countries by Expenditure on Education 2016 |
| Rank | Countries | % of GDP Spending on Education | Date of Information |
|---|---|---|---|
| 1 | Timor-Leste | 16.8 | 2009 |
| 2 | Cuba | 13.6 | 2008 |
| 3 | Lesotho | 12.4 | 2008 |
| 4 | Marshall Islands | 12 | 2004 |
| 5 | Maldives | 11.2 | 2009 |
| 6 | Saint Kitts and Nevis | 9.6 | 2005 |
| 7 | Moldova | 9.6 | 2009 |
| 8 | Botswana | 8.9 | 2009 |
| 9 | Djibouti | 8.4 | 2007 |
| 10 | Burundi | 8.3 | 2009 |