Top 10 countries that spend the most on education per student in 2026
Global education spending continues to highlight stark disparities—not only between advanced and emerging economies, but also within developed nations. While the OECD average stands at about $15,000 per student, a
Global education spending continues to highlight stark disparities—not only between advanced and emerging economies, but also within developed nations. While the OECD average stands at about $15,000 per student, a select group of countries is significantly outpacing this benchmark, committing substantial resources to human capital development as a long-term economic priority.
According to the latest PPP-adjusted data from the OECD’s Education database, these are the ten countries with the highest per-student spending in 2026.
1. Luxembourg — $31,439
Luxembourg leads by a wide margin, spending far more per student than any other country. Its small population, strong fiscal base and emphasis on high-quality multilingual education drive the world’s highest per-student investment. Teacher remuneration is also among the most competitive globally.
2. Norway — $22,558
Norway’s outlay reflects its welfare-driven model, which treats education as a public good. Sustained funding supports smaller class sizes, competitive teacher pay and modern infrastructure across both urban and remote communities.
3. Austria — $20,942
Austria blends robust public funding with a well-structured academic and vocational system. Its high spending sustains a dual-track model that integrates apprenticeships with formal education.
4. United States — $20,387
Despite its decentralised structure, the United States ranks among the top spenders. While funding differs by state and district, overall investment underpins advanced facilities, leading research institutions and a globally dominant higher education sector.
5. South Korea — $19,805
South Korea combines strong public investment with significant private spending. Government funding is complemented by extensive after-school programmes, reinforcing a highly competitive academic environment.
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6. Denmark — $19,229
Denmark prioritises equity and student welfare. Its education system promotes collaboration, creativity and social support, backed by sustained public investment.
7. Netherlands — $19,186
The Netherlands maintains high spending alongside strong learning outcomes. Funding supports a flexible system that allows early academic or vocational specialisation.
8. United Kingdom — $19,072
The United Kingdom records high education spending, particularly in higher education and research. However, concerns remain over funding pressures in public schools and regional imbalances.
9. Belgium — $19,024
Belgium’s education system, organised along linguistic lines, remains well funded. Investment supports early childhood education and a diverse secondary school framework.
10. Canada — $18,733
Canada completes the top 10 with consistently strong per-student investment. Its decentralised model delivers solid outcomes, especially in literacy and equity, placing it among global leaders.
