In 2021, Chile was the country that spent the highest share of its gross domestic product (GDP) on higher education, reaching 2.4 percent. Of this, 1.5 percent came from private sources. The United States followed behind with its total spending reaching 2.4 percent of its GDP. On the other hand, higher education spending in Saudi Arabia only amounted to 0.3 percent of its GDP. To find out more about the expenditure on higher education per student in selected countries worldwide, please click here.
Expenditure on higher education as a share of GDP in selected countries worldwide in 2021, by source of funding
Characteristic
Public
Private
Australia
0.7%
1.2%
Austria
1.7%
0.2%
Belgium
1.3%
0.2%
Canada
1.1%
0.9%
Chile
0.9%
1.5%
Costa Rica
1.3%
0.1%
Czechia
0.9%
0.2%
Denmark
1.6%
0.2%
Estonia
1.1%
0.2%
Finland
1.4%
0.1%
France
1.1%
0.5%
Germany
1.1%
0.2%
Hungary
1.2%
0.3%
Created with Highcharts 7.2.2Share of GDP0.7%0.7%1.7%1.7%1.3%1.3%1.1%1.1%0.9%0.9%1.3%1.3%0.9%0.9%1.6%1.6%1.1%1.1%1.4%1.4%1.1%1.1%1.1%1.1%1.2%1.2%1.2%1.2%0.5%0.5%0.7%0.7%0.6%0.6%0.5%0.5%0.7%0.7%0.8%0.8%0.8%0.8%0.4%0.4%0.8%0.8%1.3%1.3%0.9%0.9%1.7%1.7%1%1%0.7%0.7%0.8%0.8%1%1%1%1%1.3%1.3%1.3%1.3%1.1%1.1%0.5%0.5%0.9%0.9%0.9%0.9%0.9%0.9%0.7%0.7%0.8%0.8%0.7%0.7%0.3%0.3%0.7%0.7%1.2%1.2%0.2%0.2%0.2%0.2%0.9%0.9%1.5%1.5%0.1%0.1%0.2%0.2%0.2%0.2%0.2%0.2%0.1%0.1%0.5%0.5%0.2%0.2%0.3%0.3%0.1%0.1%0.2%0.2%0.5%0.5%0.4%0.4%0.9%0.9%0.9%0.9%0.3%0.3%0.3%0.3%0%0%0.4%0.4%0.4%0.4%0.6%0.6%0.1%0.1%0.2%0.2%0.4%0.4%0.2%0.2%0.2%0.2%0.4%0.4%0.2%0.2%0.4%0.4%1.6%1.6%1.4%1.4%0.4%0.4%0.3%0.3%0%0%1.9%1.9%1.9%1.9%1.5%1.5%2%2%2.4%2.4%1.4%1.4%1.1%1.1%1.8%1.8%1.3%1.3%1.5%1.5%1.6%1.6%1.3%1.3%1.5%1.5%1.3%1.3%0.7%0.7%1.2%1.2%1%1%1.4%1.4%1.6%1.6%1.1%1.1%1.1%1.1%0.4%0.4%1.2%1.2%1.7%1.7%1.5%1.5%1.8%1.8%1.2%1.2%1.1%1.1%1%1%1.2%1.2%1.4%1.4%1.5%1.5%1.3%1.3%1.5%1.5%2.1%2.1%2.3%2.3%0.9%0.9%0.9%0.9%1.1%1.1%1.1%1.1%0.7%0.7%0.3%0.3%0.7%0.7%PublicPrivateAustraliaAustriaBelgiumCanadaChileCosta RicaCzechiaDenmarkEstoniaFinlandFranceGermanyHungaryIcelandIrelandIsraelItalyJapan*South KoreaLatviaLithuaniaLuxembourgMexicoNetherlandsNew ZealandNorwayPolandPortugalSlovakiaSloveniaSpainSwedenSwitzerlandTurkeyUnited KingdomUnited StatesArgentinaBrazilBulgariaCroatiaRomaniaSaudi ArabiaSouth Africa
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OECD. (September 10, 2024). Expenditure on higher education as a share of GDP in selected countries worldwide in 2021, by source of funding [Graph]. In Statista. Retrieved May 12, 2025, from https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD. "Expenditure on higher education as a share of GDP in selected countries worldwide in 2021, by source of funding." Chart. September 10, 2024. Statista. Accessed May 12, 2025. https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD. (2024). Expenditure on higher education as a share of GDP in selected countries worldwide in 2021, by source of funding. Statista. Statista Inc.. Accessed: May 12, 2025. https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD. "Expenditure on Higher Education as a Share of Gdp in Selected Countries Worldwide in 2021, by Source of Funding." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
OECD, Expenditure on higher education as a share of GDP in selected countries worldwide in 2021, by source of funding Statista, https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/ (last visited May 12, 2025)
Expenditure on higher education as a share of GDP in selected countries worldwide in 2021, by source of funding [Graph], OECD, September 10, 2024. [Online]. Available: https://www.statista.com/statistics/707557/higher-education-spending-share-gdp/
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