Countries in South America Ranked by Education expenditure share of GDP (2023)
Education expenditure share of GDP: each country's latest value (2018–2023), ranked from highest to lowest. Source: The World Bank (CC BY 4.0).
Summary
Bolivia ranks #1 with 7.54% of GDP (2024). Brazil is second with 5.62% of GDP, 34.2% behind. The top five are Bolivia, Brazil, Colombia, Argentina and Chile. The median across all 11 is 4.76% of GDP; Suriname is last at 2.87% of GDP. Bolivia's figure has risen 23% since 2006 (6.43% of GDP to 7.89% of GDP in 2023).
- #1
- Bolivia · 7.54% of GDP
- Median
- 4.76% of GDP
- Coverage
- 11 countries in South America
- Data year
- 2023
- Last updated
- 2026-11-14
Full ranking
| Rank | Country | Education expenditure share of GDP (% of GDP) | Year |
|---|---|---|---|
| 1 | Bolivia | 7.54 | 2024 |
| 2 | Brazil | 5.62 | 2022 |
| 3 | Colombia | 5.26 | 2020 |
| 4 | Argentina | 5 | 2023 |
| 5 | Chile | 4.91 | 2022 |
| 6 | Uruguay | 4.76 | 2023 |
| 7 | Guyana | 4.45 | 2018 |
| 8 | Peru | 4.36 | 2024 |
| 9 | Ecuador | 3.69 | 2024 |
| 10 | Paraguay | 3.53 | 2024 |
| 11 | Suriname | 2.87 | 2023 |
About the top 10
#1 Bolivia
Bolivia ranks #1 on this list with 7.54% of GDP (2024).
- Capital
- La Paz, Sucre
- Continent
- South America
- Income group
- Lower middle income
- Population
- 12.58 million people (2025)
- GDP
- US$64.77 billion (2025)
- GDP per person
- US$5,148 (2025)
- Life expectancy
- 68.7 years (2024)
- Urban population
- 71.6% of population (2025)
Largest cities: Santa Cruz de la Sierra.
Also ranks #2 in real effective exchange rate index · #3 in bank branches per 100,000 adults · #4 in women in parliament share.
#2 Brazil
Brazil ranks #2 on this list with 5.62% of GDP (2022).
- Capital
- Brasília
- Continent
- South America
- Income group
- Upper middle income
- Population
- 212.81 million people (2025)
- GDP
- US$2.28 trillion (2025)
- GDP per person
- US$10,713 (2025)
- Life expectancy
- 76 years (2024)
- Urban population
- 88.2% of population (2025)
Largest cities: Greater Rio de Janeiro, São Paulo, Rio de Janeiro.
Also ranks #1 in new businesses registered · #2 in forest area · #3 in external debt stocks.
#3 Colombia
Colombia ranks #3 on this list with 5.26% of GDP (2020).
- Capital
- Bogotá
- Continent
- South America
- Income group
- Upper middle income
- Population
- 53.43 million people (2025)
- GDP
- US$457.41 billion (2025)
- GDP per person
- US$8,562 (2025)
- Life expectancy
- 77.9 years (2024)
- Urban population
- 78.8% of population (2025)
Largest cities: Bogotá, Medellín, Cali.
Also ranks #1 in income share of richest 10% · #1 in gini index · #4 in women in ministerial positions share.
#4 Argentina
Argentina ranks #4 on this list with 5% of GDP.
- Capital
- Buenos Aires
- Continent
- South America
- Income group
- Upper middle income
- Population
- 45.85 million people (2025)
- GDP
- US$683.1 billion (2025)
- GDP per person
- US$14,898 (2025)
- Life expectancy
- 77.5 years (2024)
- Urban population
- 92.4% of population (2025)
Largest cities: Greater Buenos Aires, Buenos Aires, Córdoba.
Also ranks #1 in inflation rate · #2 in access to clean cooking fuels · #2 in deposit interest rate.
#5 Chile
Chile ranks #5 on this list with 4.91% of GDP (2022).
- Capital
- Santiago
- Continent
- South America
- Income group
- High income
- Population
- 19.86 million people (2025)
- GDP
- US$357.37 billion (2025)
- GDP per person
- US$17,995 (2025)
- Life expectancy
- 81.4 years (2024)
- Urban population
- 89.2% of population (2025)
Largest cities: Santiago, Santo Domingo.
Also ranks #5 in mineral rents share of gdp · #7 in school enrolment (tertiary) · #10 in fish production.
#6 Uruguay
Uruguay ranks #6 on this list with 4.76% of GDP.
- Capital
- Montevideo
- Continent
- South America
- Income group
- High income
- Population
- 3.38 million people (2025)
- GDP
- US$85.35 billion (2025)
- GDP per person
- US$25,216 (2025)
- Life expectancy
- 78.3 years (2024)
- Urban population
- 95.7% of population (2025)
Largest cities: Montevideo.
Also ranks #1 in atms per 100,000 adults · #3 in agricultural land share · #5 in suicide mortality rate.
#7 Guyana
Guyana ranks #7 on this list with 4.45% of GDP (2018).
- Capital
- Georgetown
- Continent
- South America
- Income group
- High income
- Population
- 835,990 people (2025)
- GDP
- US$27.1 billion (2025)
- GDP per person
- US$32,414 (2025)
- Life expectancy
- 70.3 years (2024)
- Urban population
- 26.5% of population (2025)
Also ranks #1 in gdp growth rate · #1 in industry value added share of gdp · #1 in livestock production index.
#8 Peru
Peru ranks #8 on this list with 4.36% of GDP (2024).
- Capital
- Lima
- Continent
- South America
- Income group
- Upper middle income
- Population
- 34.58 million people (2025)
- GDP
- US$334.85 billion (2025)
- GDP per person
- US$9,684 (2025)
- Life expectancy
- 77.9 years (2024)
- Urban population
- 85.6% of population (2025)
Largest cities: Lima, Arequipa.
Also ranks #5 in fish production · #6 in firms using banks to finance investment share · #7 in atms per 100,000 adults.
#9 Ecuador
Ecuador ranks #9 on this list with 3.69% of GDP (2024).
- Capital
- Quito
- Continent
- South America
- Income group
- Upper middle income
- Population
- 18.29 million people (2025)
- GDP
- US$130.32 billion (2025)
- GDP per person
- US$7,125 (2025)
- Life expectancy
- 77.6 years (2024)
- Urban population
- 63.4% of population (2025)
Largest cities: Guayaquil, Quito.
Also ranks #5 in homicide rate · #9 in gini index · #9 in women in ministerial positions share.
#10 Paraguay
Paraguay ranks #10 on this list with 3.53% of GDP (2024).
- Capital
- Asunción
- Continent
- South America
- Income group
- Upper middle income
- Population
- 7.01 million people (2025)
- GDP
- US$49.28 billion (2025)
- GDP per person
- US$7,027 (2025)
- Life expectancy
- 74 years (2024)
- Urban population
- 70.4% of population (2025)
Also ranks #8 in official exchange rate · #11 in income share of richest 10% · #14 in gini index.
Profile facts: World Bank (CC BY 4.0) and Wikidata (CC0); weather links go to Purr Weather, another ChowChow Labs site.
Source and method
Education expenditure share of GDP: each country's latest value (2018–2023), ranked from highest to lowest.
Source: The World Bank, indicator SE.XPD.TOTL.GD.ZS. Licence: CC BY 4.0. Retrieved: 2026-11-14.
The World Bank: Government expenditure on education, total (% of GDP): Data API, UN Educational, Scientific and Cultural Organization (UNESCO) (via World Development Indicators)
Original data provider, as recorded by the World Bank: Data API, UN Educational, Scientific and Cultural Organization (UNESCO).
Values are shown as published. Provider terms: The World Bank. All licences: Sources & licences.