alt Hacker NewsPrimary Education (K–5): The U.S. spends 21% of its GDP per capita per student. This is exactly in line with the OECD average, which is also 21%.
Secondary Education (6–12): The U.S. spends 23% of its GDP per capita per student. This sits just slightly below the OECD average of 24%.
Replies
rayiner • today at 2:28 AM
If you want to adjust for cost levels in different countries, you’d use a PPP adjustment: https://www.visualcapitalist.com/ranked-education-spending-p...
The U.S. is at $20k, well over the OECD average of $15k. O my Austria, Norway, and Luxembourg are higher.
We spend only 5% of our GDP on food, which is much lower than other OECD countries. Does it mean we are starving?