Finland | Government expenditure on education, total (% of GDP)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The percentage of government expenditure on education to GDP is useful to compare education expenditure between countries and/or over time in relation to the size of their economy; A high percentage to GDP suggests a high priority for education and a capacity of raising revenues for public spending. Note that government expenditure appears lower in some countries where the private sector and/or households have a large share in total funding for education. Limitations and exceptions: Data may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). Statistical concept and methodology: Government expenditure on education, total (% of GDP) is calculated by dividing total government expenditure for all levels of education by the GDP, and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. GDP data come from the World Bank. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Republic of Finland
Records
63
Source
Finland | Government expenditure on education, total (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 5.41348982
1971 5.33137989
1972 5.00819016
1973 5.09337997
1974 4.48230982
1975 5.03323984
1976 5.22833014
1977
1978
1979 4.79690981
1980 4.82574987
1981 4.8333602
1982 4.7792902
1983 4.85560989
1984 4.69891977
1985 5.04542017
1986 5.10039997
1987 5.20081997
1988 5.06695986
1989 5.0726099
1990 5.33890009
1991 6.33748007
1992 6.52050018
1993 7.48716021
1994 6.85706997
1995 6.80990982
1996 6.85898018
1997
1998
1999 5.86992979
2000 5.70930004
2001 5.84025002
2002 6.0167799
2003 6.16743994
2004 6.1575799
2005 6.02507019
2006 5.92838001
2007 5.67125988
2008 5.83010006
2009 6.45955992
2010 6.50444984
2011 6.44504976
2012 7.14803982
2013 7.12404013
2014 7.10236979
2015 7.03208017
2016 6.85153008
2017 6.36311007
2018 6.27557993
2019 6.41695023
2020 6.63494015
2021 5.69380856
2022

Finland | Government expenditure on education, total (% of GDP)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The percentage of government expenditure on education to GDP is useful to compare education expenditure between countries and/or over time in relation to the size of their economy; A high percentage to GDP suggests a high priority for education and a capacity of raising revenues for public spending. Note that government expenditure appears lower in some countries where the private sector and/or households have a large share in total funding for education. Limitations and exceptions: Data may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). Statistical concept and methodology: Government expenditure on education, total (% of GDP) is calculated by dividing total government expenditure for all levels of education by the GDP, and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. GDP data come from the World Bank. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Republic of Finland
Records
63
Source