In 2020, Chile was the country that spent the highest share of its gross domestic product (GDP) on higher education, reaching 2.7 percent. Of this, 1.6 percent came from private sources. The United States followed behind with its total spending reaching 2.5 percent of its GDP. On the other hand, higher education spending in Luxembourg only amounted to 0.4 percent of its GDP. To find out more about the expenditure on higher education per student in selected countries worldwide, please click here.
Expenditure on higher education as a share of GDP in selected countries worldwide in 2020, by source of funding
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OECD. (September 12, 2023). Expenditure on higher education as a share of GDP in selected countries worldwide in 2020, by source of funding [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD. "Expenditure on higher education as a share of GDP in selected countries worldwide in 2020, by source of funding." Chart. September 12, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD. (2023). Expenditure on higher education as a share of GDP in selected countries worldwide in 2020, by source of funding. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD. "Expenditure on Higher Education as a Share of Gdp in Selected Countries Worldwide in 2020, by Source of Funding." Statista, Statista Inc., 12 Sep 2023, https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD, Expenditure on higher education as a share of GDP in selected countries worldwide in 2020, by source of funding Statista, https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/ (last visited December 19, 2024)
Expenditure on higher education as a share of GDP in selected countries worldwide in 2020, by source of funding [Graph], OECD, September 12, 2023. [Online]. Available: https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
