How much public and private investment in educational institutions is there?

Abstract

The largest share of funding on primary to tertiary educational institutions in OECD countries comes from public sources, although private funding at the tertiary level is substantial. Within this overall OECD average, however, the share of public, private and international funding varies widely across countries. In 2019, on average across OECD countries, 83% of the funding for primary to tertiary educational institutions came directly from public sources and 16% from private sources (). However, in Finland, Iceland, Luxembourg, Norway and Sweden, private sources contribute to less than 5% of expenditure on educational institutions. In contrast, they make up around one-third of educational expenditure in Australia, Chile, Colombia, the United Kingdom and the United States. International sources provide a very small share of total expenditure on educational institutions. On average across OECD countries, they account for 1% of total expenditure, reaching 5% in Estonia ().