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We recently compiled a list of 25 Countries that Spend Most on Education per Capita, and in this article, we will discuss the top country that spends the most on education per capita.
23. New Zealand. Per Capita Education Spending (2023): $2,663. New Zealand ranks 34th on our Insider Monkey Global Education Index and spends 5.54% of its GDP on education expenditure.
This means that going forward, the per capita government expenditure on education may have to be augmented from its present level of USD83.2 to US$600, a more than seven-fold increase.
“In 2022, Benue State spent 14.04% on education, translating to N1,508.52 and N2,189.91 per capita spending on health and education, respectively.
In fact, if you picked just one variable that best measured prosperity — per capita income — there was no state-level correlation with a political party in 1980.
The report further shows that Uganda’s public education spending equaled 2.7% of GDP in 2021, far below both the 4.2 per cent average for selected East African countries and the 4 per cent ...