Australia - General Government Expenditure on Education
Since 2014, Australia General Government Expenditure on Education jumped by 0.3points year on year. In 2019, the country was number 9 among other countries in General Government Expenditure on Education with 5.82 Percent of GDP. Australia is overtaken by United States, which was number 8 at 5.94 Percent of GDP and is followed by Latvia with 5.77 Percent of GDP. Costa Rica topped the ranking with 7.99 Percent of GDP in 2019, an increase of 0.6points compared to 2018. Iceland, Israel and Sweden respectively ranked number 2, 3 and 4 in this ranking. Chile recorded the best 5 years average growth at +4.7points per year, while Ireland witnessed the worst performance at -6.8points per year.
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Date | Percent of GDP |
---|---|
2019 | 5.82 |
2018 | 5.85 |
2017 | 5.77 |
2016 | 5.68 |
2015 | 5.80 |
How does Australia rank in General Government Expenditure on Education?
# | 27 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Costa Rica
|
7.99 % | 2019 | +0.6 % | +1.2 % | View data | |
2 |
#2
Iceland
|
7.34 % | 2019 | -0.4 % | -0.1 % | View data | |
8 |
#8
United States
|
5.94 % | 2019 | +0.1 % | -0.7 % | View data | |
9 |
#9
Australia
|
5.82 % | 2019 | -0.4 % | +0.3 % | View data | |
10 |
#10
Latvia
|
5.77 % | 2019 | -0.8 % | -0.5 % | View data |