North Macedonia: Education spending, percent of GDP
* indicates monthly or quarterly data series
North Macedonia |
Public spending on education, percent of GDP |
---|---|
Latest value | 3.30 |
Year | 2002 |
Measure | percent |
Data availability | 1992 - 2002 |
Average | 4.29 |
Min - Max | 3.30 - 4.73 |
Source | UNESCO |
The latest value from 2002 is 3.3 percent, a decline from 4.3 percent in 1996. In comparison, the world average is 4.43 percent, based on data from 126 countries. Historically, the average for North Macedonia from 1992 to 2002 is 4.29 percent. The minimum value, 3.3 percent, was reached in 2002 while the maximum of 4.73 percent was recorded in 1992.
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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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