Public spending on education

Public spending on education includes direct expenditure on educational institutions as well as educational-related public subsidies given to households and administered by educational institutions. This indicator is shown as a percentage of GDP, divided by primary, primary to post-secondary non-tertiary and tertiary levels. Public entities include ministries other than ministries of education, local and regional governments, and other public agencies. Public spending includes expenditure on schools, universities and other public and private institutions delivering or supporting educational services. This indicator shows the priority given by governments to education relative to other areas of investment, such as health care, social security, defence and security. Education expenditure covers expenditure on schools, universities and other public and private institutions delivering or supporting educational services.

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Keywords: education, spending, public expenditure, public