Adjusted savings: education expenditure (% of GNI) - Country Ranking - Europe

Definition: Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.

Source: UNESCO; data are extrapolated to the most recent year available

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Iceland 7.47 2019
2 Denmark 7.28 2019
3 Sweden 7.13 2019
4 Norway 6.59 2019
5 Belgium 6.03 2019
6 Finland 5.80 2019
7 Cyprus 5.50 2019
8 United Kingdom 5.38 2019
9 Austria 5.05 2019
10 Luxembourg 5.04 2019
11 Portugal 4.95 2019
12 France 4.92 2019
13 Ukraine 4.88 2019
14 Malta 4.82 2019
15 Belarus 4.70 2019
16 Estonia 4.63 2019
17 Moldova 4.59 2019
18 Netherlands 4.58 2019
19 Switzerland 4.55 2019
20 Slovenia 4.54 2019
21 Germany 4.47 2019
22 Poland 4.45 2019
23 Hungary 4.38 2019
24 Ireland 4.19 2019
25 Bulgaria 4.01 2019
26 Spain 3.99 2019
27 Italy 3.94 2019
28 Latvia 3.91 2019
29 Croatia 3.81 2019
30 Turkey 3.80 2019
31 Slovak Republic 3.79 2019
32 Lithuania 3.74 2019
33 Czech Republic 3.73 2019
34 Serbia 3.66 2019
35 San Marino 3.55 2019
36 Albania 3.30 2019
37 North Macedonia 3.27 2019
38 Greece 3.10 2019
39 Liechtenstein 3.06 2019
40 Romania 2.81 2019
41 Andorra 2.44 2019
42 Monaco 1.03 2019

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

Limitations and Exceptions: Public education expenditures are considered an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries.

Aggregation method: Weighted average

Periodicity: Annual