Spain 10th in global ranking of school spending

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FUNDING: Spain spends 23.7 per cent of its GDP on its education system CREDIT: Wikimedia Commons


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SPAIN spends 23.7 per cent of its Gross Domestic Product (GDP) on its state school system, the 10th highest level in the world according to a new ranking.

The Organisation for Economic Co-operation and Development (OECD)’s report showed Spain came ahead of Britain, the Netherlands, the US and New Zealand. The latter four’s spending on education was below the OECD average of 20 per cent.

France topped the ranking with spending equal to 31.2 per cent of GDP It was followed by Belgium, Finland, Denmark and Italy, which all spent more than 28 per cent.

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