Countries that Spend the Most on Education (2023)
Source: World Bank·25 countries·Updated 2023
Education spending reflects a nation's investment in its future. Here are the 25 countries that dedicate the highest share of GDP to education in 2023.
Kiribati leads with education spending (% of GDP) of 16.4%.
Tuvalu ranks #2 at 12.8%.
Namibia ranks #3 at 9.1%.
Algeria ranks #4 at 9.0%.
Cuba ranks #5 at 8.4%.
Top 25 Countries by Education Spending (% of GDP)
| # | Country | Education Spending (% of GDP) | Year |
|---|---|---|---|
| 1 |  Kiribati | 16.4% | 2023 |
| 2 |  Tuvalu | 12.8% | 2023 |
| 3 |  Namibia | 9.1% | 2024 |
| 4 |  Algeria | 9.0% | 2024 |
| 5 |  Cuba | 8.4% | 2022 |
| 6 |  Solomon Islands | 8.3% | 2023 |
| 7 |  Marshall Islands | 7.7% | 2022 |
| 8 |  Vanuatu | 7.6% | 2024 |
| 9 |  Mauritania | 7.6% | 2024 |
| 10 |  Bolivia | 7.5% | 2024 |
| 11 |  Sweden | 7.3% | 2022 |
| 12 |  Iceland | 7.3% | 2022 |
| 13 |  Kyrgyz Republic | 6.8% | 2023 |
| 14 |  Tunisia | 6.7% | 2023 |
| 15 |  Lesotho | 6.6% | 2024 |
| 16 |  Moldova | 6.6% | 2023 |
| 17 |  St. Vincent and the Grenadines | 6.5% | 2023 |
| 18 |  Kuwait | 6.4% | 2024 |
| 19 |  Finland | 6.4% | 2022 |
| 20 |  Denmark | 6.4% | 2022 |
| 21 |  Belgium | 6.3% | 2022 |
| 22 |  Senegal | 6.2% | 2023 |
| 23 |  Eswatini | 6.0% | 2024 |
| 24 |  South Africa | 6.0% | 2024 |
| 25 |  Morocco | 6.0% | 2023 |
Data from 181 countries is available. View full rankings →
FAQ
What is the highest education spending (% of GDP) in 2023?
Kiribati has the highest education spending (% of GDP) at 16.4% in 2023.
How many countries are included in this ranking?
This article features the top 25 countries out of 181 with available data. Full rankings available on the indicator page.
Where does this data come from?
Data is sourced from the World Bank. It is updated regularly as new releases become available.