Australia - Tertiary Education Expenditure from Public Sources
Since 2014, Australia Tertiary Education Expenditure from Public Sources increased 1.4points year on year. In 2019, the country was number 28 among other countries in Tertiary Education Expenditure from Public Sources with 0.77 Percent of GDP. Australia is overtaken by Colombia, which was ranked number 27 with 0.8 Percent of GDP and is followed by Portugal with 0.74 Percent of GDP. Norway ranked the highest with 1.69 Percent of GDP in 2019, an increase of 0.7points compared to 2018. Finland, Costa Rica and Austria respectively ranked number 2, 3 and 4 in this ranking. Slovakia witnessed the best average annual growth at +9.8points per year, while United Kingdom recorded the worst performance at -21.2points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 0.77 |
| 2018 | 0.77 |
| 2017 | 0.76 |
| 2016 | 0.76 |
| 2015 | 0.77 |
How does Australia rank in Tertiary Education Expenditure from Public Sources?
| # | 40 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Norway
|
1.69 % | 2019 | +0.7 % | +1.0 % | View data | |
| 2 |
#2
Finland
|
1.64 % | 2019 | +0.0 % | -0.8 % | View data | |
| 27 |
#27
Colombia
|
0.80 % | 2016 | +0.9 % | +1.1 % | View data | |
| 28 |
#28
Australia
|
0.77 % | 2019 | +0.5 % | +1.4 % | View data | |
| 29 |
#29
Portugal
|
0.74 % | 2019 | -0.4 % | -0.9 % | View data | |