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World Education Statistics 2024
November 11 , 2024
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- UNESCO Institute for Statistics (UIS) released the World Educations Statistics-2024.
- The world average of public expenditure on education has witnessed decline since 2010 i.e. from 13.2% (in 2010) to 12.5% (in 2020).
- South Asian countries such as Nepal and Bhutan have allocated nearly 4-6% of their GDP to education.
- India has spent nearly 4.1-4.6% of its Gross Domestic Product (GDP) on education between 2015 and 2024.
- India’s government expenditure on education has fluctuated between13.5% and 17.2% during the period between 2015 and 2024.
- India’s education expenditure as percentage of GDP in 2022 among Central and Southern Asia is lower only to Bhutan (7.5%), Kazakhstan (7.2%), Maldives (4.7%), Tajikistan (5.7%) and Uzbekistan (5.2%).
- India’s expenditure is higher than countries like Japan and China, compared to the entire Asia region.
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