Definition: Total general (local, regional and central) government expenditure on education (current, capital, and transfers), expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to the government. Expenditure on education refers to expenditure on core educational goods and services, such as teaching staff, school buildings, or school books and teaching materials, and peripheral educational goods and services such as ancillary services, general administration and other activities.
Expenditure on education can come from public source (i.e. all government ministries and agencies financing or supporting education programmes in the country), international source, and private source (e.g. households).
Source: Data on education expenditure is received by country governments responding to UIS’s annual survey on formal education. The data used to fill the questionnaire on education expenditure may come from annual financial reports by the Ministry of Finance and/or the Ministry of Education, and/or national accounts reports by the National Statistical Office. GDP data comes from the World Bank.
Methodology: SEE LINK.