New Zealand - Public Spending on Tertiary Education
Since 2012, New Zealand Public Spending on Tertiary Education decreased by 0.5points year on year. At 51.59 Percent of Education Spending in 2015, the country was number 28 among other countries in Public Spending on Tertiary Education. New Zealand is overtaken by Portugal, which was ranked number 27 with 55.49 Percent of Education Spending and is followed by Canada at 45.01 Percent of Education Spending. Norway ranked the highest with 95.86 Percent of Education Spending in 2019, a fall of 0points versus 2018. Austria, Finland and Luxembourg respectively ranked number 2, 3 and 4 in this ranking. South Korea witnessed the best average annual growth at +2.8points per year, while United Kingdom was the worst growing country at -23.1points per year.
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| Date | Percent of Education Spending |
|---|---|
| 2015 | 51.59 |
| 2014 | 51.03 |
| 2013 | 51.90 |
| 2012 | 52.39 |
How does New Zealand rank in Public Spending on Tertiary Education?
| # | 36 Countries | Percent of Education Spending | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Norway
|
95.86 % | 2019 | -0.0 % | -0.1 % | View data | |
| 2 |
#2
Austria
|
93.77 % | 2015 | -0.7 % | -0.5 % | View data | |
| 27 |
#27
Portugal
|
55.49 % | 2019 | -0.7 % | -0.4 % | View data | |
| 28 |
#28
New Zealand
|
51.59 % | 2015 | +1.1 % | -0.5 % | View data | |
| 29 |
#29
Canada
|
45.01 % | 2019 | -1.9 % | -1.4 % | View data | |