Government Education Expenses in European Countries and Georgia

The government, within the whole domestic product, is planning to grow the educational share to 11%. As stated by the Prime Minister, every year, 25% of the budget has to be directed towards education. According to the new legislative initiative, in 2020, the educational budget will be 2 Million Gel, in 2021 – 2 500 000 000 Gel, and In 2022 it will top the 6% of GDP and reach 3 Billion 400 Million Gel.

Forbes looked into European GDP shares in educational expenses. According to the World Bank, this indicator in Europe equals an average of 4.7%, whereas in Georgia it is 3.8%.

Government expenses on education – the GDP shares in different countries are as follows:

•          Iceland - 7.1%

•          Denmark - 6.9%

•          Sweden - 6.6% 

•          Belgium - 6.4%

•          Finland - 6.1%

•          Estonia - 5.9%

•          Switzerland - 5.6%

•          Latvia - 5.5%

•          France - 5.4%

•          Poland - 5%

•          Hungary - 4.9%

•          Austria - 4.9%

•          United Kingdom- 4.7%

•          Czech Republic - 4.5%

•          Germany - 4.2%

•          Georgia - 3.8%

•          Romania - 3.7%

ჩვენ გირჩევთ

Receive high quality dental care, save money and discover Georgia!

Is Georgia the Leading Country in Regards to the Number of Tourists Per Citizen?

Receive high quality dental care, save money and discover Georgia!

Receive high quality dental care, save money and discover Georgia!

წინა სტატია

Georgia Capital’s Profit in One Year Reached 1.3 Billion GEL
12 აპრილი, 2019

შემდეგი სტატია

Georgia Capital, bir yıl içerisinde 1.3 milyar larilik gelir elde etti
12 აპრილი, 2019
$7 მილიარდიანი პროექტი - TANAP-ის მშენებლობა დასრულდა
ახალი ამბები ქართულად | ივლ, 05, 2019
20 ცვლილება დღგ-ით დაბეგვრისას, რომლის ამოქმედებაც 2020 წელს იგეგმება
ახალი ამბები ქართულად | ივლ, 05, 2019
Forbes Georgia in English - Issue #13
Issues | ივნ, 24, 2019
Forbes Georgia in EnglishForbes WomanForbes Banker
მილიარდერების რეიტინგი - Real Time
იხილეთ ყველა