
Georgia: Education spending, percent of GDP
* indicates monthly or quarterly data series
Georgia |
Public spending on education, percent of GDP |
---|---|
Latest value | 3.74 |
Year | 2023 |
Measure | percent |
Data availability | 1994 - 2023 |
Average | 3.08 |
Min - Max | 1.86 - 6.92 |
Source | UNESCO |
The latest value from 2023 is 3.74 percent, a decline from 3.75 percent in 2022. In comparison, the world average is 4.40 percent, based on data from 63 countries. Historically, the average for Georgia from 1994 to 2023 is 3.08 percent. The minimum value, 1.86 percent, was reached in 2012 while the maximum of 6.92 percent was recorded in 1994.
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Definition: General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
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