Luxembourg - Tertiary Education Expenditure from Public Sources
Since 2012, Luxembourg Tertiary Education Expenditure from Public Sources jumped by 8points year on year. With 0.49 Percent of GDP in 2015, the country was ranked number 38 comparing other countries in Tertiary Education Expenditure from Public Sources. Luxembourg is overtaken by Hungary, which was ranked number 37 with 0.5 Percent of GDP and is followed by United Kingdom with 0.47 Percent of GDP. Norway ranked the highest with 1.69 Percent of GDP in 2019, that is a growth 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 |
|---|---|
| 2015 | 0.49 |
| 2014 | 0.47 |
| 2013 | 0.51 |
| 2012 | 0.39 |
How does Luxembourg 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 | |
| 37 |
#37
Hungary
|
0.50 % | 2019 | -4.4 % | -5.4 % | View data | |
| 38 |
#38
Luxembourg
|
0.49 % | 2015 | +4.1 % | +8.0 % | View data | |
| 39 |
#39
United Kingdom
|
0.47 % | 2015 | -1.1 % | -21.2 % | View data | |