Education Investments

The contribution of education and training to GDP is often in direct proportion to the share of national resources invested in it. With few exceptions, the OECD countries invest on average between 5 and 6% of GDP on education and training. Developing countries as a whole invest slightly over 4% of GDP on education; least developed countries invest less than 3%. Education has important spin-off effects for economic activity in most countries, through construction of school buildings, research and dissemination of technological and scientific knowledge, book publishing and provision of services of all kinds.

Photo: UNESCO/Vidal