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)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
5.41348982 1970
5.33137989 1971
5.00819016 1972
5.09337997 1973
4.48230982 1974
5.03323984 1975
5.22833014 1976
1977
1978
4.79690981 1979
4.82574987 1980
4.8333602 1981
4.7792902 1982
4.85560989 1983
4.69891977 1984
5.04542017 1985
5.10039997 1986
5.20081997 1987
5.06695986 1988
5.0726099 1989
5.33890009 1990
6.33748007 1991
6.52050018 1992
7.48716021 1993
6.85706997 1994
6.80990982 1995
6.85898018 1996
1997
1998
5.86992979 1999
5.70930004 2000
5.84025002 2001
6.0167799 2002
6.16743994 2003
6.1575799 2004
6.02507019 2005
5.92838001 2006
5.67125988 2007
5.83010006 2008
6.45955992 2009
6.50444984 2010
6.44504976 2011
7.14803982 2012
7.12404013 2013
7.10236979 2014
7.03208017 2015
6.85153008 2016
6.36311007 2017
6.27557993 2018
6.41695023 2019
6.63494015 2020
5.69380856 2021
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