What is Nicaragua's education spending as % of GDP in 2023?

Nicaragua's education spending as % of GDP is 2.87% of GDP as of 2023.

Which country has the highest education spending as % of GDP?

Kiribati has the highest education spending as % of GDP at 16.39% of GDP as of 2023.

Somalia has the lowest education spending as % of GDP at 0% of GDP as of 2023.

The global average for education spending as % of GDP is 3.96% of GDP as of 2023.

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2025

Nicaragua has the 37th lowest education spending as % of GDP among 123 countries with data in 2023.

What is Nicaragua's education spending as % of GDP in 2023?: Nicaragua's education spending as % of GDP is 2.87% of GDP as of 2023.
How does Nicaragua rank globally for education spending as % of GDP?: Nicaragua has the 37th lowest education spending as % of GDP among 123 countries with data in 2023.
Which country has the highest education spending as % of GDP?: Kiribati has the highest education spending as % of GDP at 16.39% of GDP as of 2023.
Which country has the lowest education spending as % of GDP?: Somalia has the lowest education spending as % of GDP at 0% of GDP as of 2023.
What is the global average for education spending as % of GDP?: The global average for education spending as % of GDP is 3.96% of GDP as of 2023.

Year	Education Expenditure Percent GDP	Education Expenditure Percent Govt
2024	—	11.01
2023	2.87	17.69
2022	3.8	18.52
2021	4.09	18.52
2020	4.58	22.69
2019	4.6	23.94
2018	4.47	22.76
2017	4.36	22.43
2016	4.08	21.33
2015	4.08	22.28