Public Spending On Education

North America Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Costa Rica	6.75	2020	1	6.81
2	Canada	5.26	2011	2	5.36
3	Honduras	4.91	2019	3	4.94
4	Mexico	4.25	2018	4	4.52
5 ↑	Ecuador	4.13	2020	6	4.23
6 ↓	Nicaragua	3.56	2018	5	4.36
7	El Salvador	3.39	2019	7	3.73
8	Guatemala	3.3	2020	8	3.2
9	Panama	3.13	2019	9	2.88
10	Bermuda	1.5	2015	10	1.54

Definition of Public Spending On Education

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.