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Philippines - Education Spending 2024

Name: Philippines Education Spending 2024
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure on education as % of GDP · World Bank

3.93% +0.30% from 2023 Global rank: 10th

Philippines's education spending was 3.93% in 2024, increased +0.30% from 3.62% in 2023. This was the 10th highest globally.

Global Ranking - 2024▾

Education Spending by Country - 2024
Rank	Country	Value	YoY
1st	Lebanon	1.22%	-18.6%
2nd	Bangladesh	2.03%	-5.9%
3rd	Singapore	2.19%	2.0%
4th	Turks and Caicos Islands	2.95%	9.8%
5th	Tanzania	3.16%	-3.2%
6th	Barbados	3.56%	-5.8%
7th	Nepal	3.69%	-6.8%
8th	Hong Kong SAR, China	3.81%	0.1%
9th	St. Lucia	3.85%	40.3%
10th	Philippines	3.93%	8.3%
11th	Georgia	3.98%	7.3%
12th	Kenya	4.02%	1.5%
13th	Mauritius	4.09%	-10.5%
14th	Puerto Rico (US)	4.27%	0.0%
15th	Belize	4.62%	9.2%
16th	Rwanda	4.69%	-4.6%
17th	Dominica	5.39%	14.7%
18th	Curaçao	5.44%	2.7%
19th	Samoa	5.46%	-10.7%
20th	Jamaica	5.51%	-2.5%
21st	South Africa	6.02%	-1.7%
22nd	Eswatini	6.03%	20.5%
23rd	Kuwait	6.44%	28.0%
24th	Lesotho	6.62%	-9.2%
25th	Namibia	9.08%	-3.3%

FAQ

What was Philippines's education spending in 2024?▾

Philippines's education spending in 2024 was 3.93%. This ranked 10th globally.

How did Philippines's education spending change in 2024?▾

Philippines's education spending increased by 8.3% in 2024 compared to 2023.

Which country had the highest education spending in 2024?▾

Namibia had the highest education spending in 2024 at 9.08%.

What is the education spending of Philippines in 2024?▾

The education spending of Philippines in 2024 was 3.93%. This ranked 10th globally.

How does 2024 compare to 2023 for Philippines's education spending?▾

Philippines's education spending went from 3.62% in 2023 to 3.93% in 2024, a 8.3% increase.

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