How much do countries spend on education, and how do the price levels of education compare? Three charts from the International Comparison Program.

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Today, on International Education Day – January 24, 2023 – we delve into data published by the International Comparison Program (ICP) on the expenditure on education around the world and the relative price of education. Universal access to education – the focus of Sustainable Development Goal 4 – is one of the strongest instruments for reducing poverty and improving health, gender equality, peace, and stability. But how much do households and governments spend on education in different economies across the globe? And how much does the relative cost of education differ depending on location?  Scroll through our interactive story below to find out more. 

 

Authors

Edie Purdie

Consultant, Development Data Group (DECDG), World Bank

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