Education spending, percent of GDP - Country rankings:
The average for 2014 was 4.73 percent.The highest value was in Norway: 7.68 percent and the lowest value was in Monaco: 1.02 percent. Below is a chart for all countries where data are available for: Education spending, percent of GDP.
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.