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an Eldis Resource

This edition of the Global Education Digest focuses on the financing of education and provides a series of indicators to compare spending patterns across countries and levels of education.The report reviews how levels of education in certain countries compare to those of others with similar economic resources and student populations.

The digest:

• discusses the costs of education in absolute and relative terms across countries
• presents some of the constraints and opportunities to financing primary education for all
• examines trends in demographics, education participation and progression
• analyses the factors which influence current and future patterns of education spending
• addresses the mix of public and private funding for education.

Findings include:

• the U.S. spends the most on education; its public education budget is close to the combined total of governments in the Arab States, Central and Eastern Europe, Central Asia, Latin America and the Caribbean, South and West Asia and sub-Saharan Africa
• East Asia and the Pacific has the second-highest share of global public spending on education at 18% (after the North American and Western European region); yet governments in the region are investing considerably less than their share of global wealth at 28% of GDP and the school-age population (29%)
• governments in sub-Saharan Africa spend only 2.4% of the world’s public education resources; yet about 15% of the school-age population lives in these countries
• in South and West Asia 7% of the world's public education resources are spent on 28% of children and young people
• Latin America and the Caribbean accounts for 8% to 9% of global education spending, the school-age population and global wealth

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