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Australia — Education spending

Government Education Spending (% of GDP) for Australia, 1978–2022.

Latest value · 2022
5.06%
Government Education Spending (% of GDP) · % of GDP · -15.7% since 1978

Education spending for Australia was 5.06% in 2022, according to the latest World Bank data. The series covers 18 years, from 1978 to 2022. The highest recorded value was 6.00% in 1978. The lowest was 4.67% in 1990 (about 1.1× the low point). Across that span the compound annual growth rate works out to -0.39% per year.

Australia ranks 55 of 172 economies on this measure (1 = highest), putting it in the top 32%. The median for East Asia & Pacific is 4.25%, so Australia sits above it. It peaked in 1978 and has fallen 16% since.

Key figures

Latest (2022)
5.06%
First (1978)
6.00%
Change
-15.7%
Highest
6.00%
in 1978
Lowest
4.67%
in 1990
Average
5.25%
Annual growth (CAGR)
-0.39%
Years of data
18

Recent years

Year% of GDP
20225.06%
20215.34%
20205.39%
19945.24%
19935.51%
19924.68%
19914.78%
19904.67%
19894.74%
19884.91%
19875.06%
19865.27%
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.