강동구수학 Cooperation and Development (OECD) countries, to which each country reporting data contributes equally. The average includes all current OECD countries for which a given year’s data are available, even if they were not members of OECD in that year. NOTE: Data for Luxembourg, a country with one of the highest annual expenditures per FTE student, are excluded from the figure because of anomalies in that country’s gross domestic product (GDP) per capita data (large revenues from international finance institutions in Luxembourg distort the wealth of the country’s population). Data for Greece, Latvia, and Turkey are excluded because data on expenditures were not available for either 2005 or 2014. Data adjusted to U.S. dollars using the purchasing power parity (PPP) index. Constant dollars based on national Consumer Price Indexes available on the OECD database cited in the source note below. Although rounded numbers are displayed, the figures are based on unrounded estimates. SOURCE: Organization for Economic Cooperation and Development (OECD), Education at a Glance 2017; and Online Education Database, retrieved December 1, 2017, from http://stats.oecd.org/Index.aspx. See Digest of Education Statistics 2017, table 605.10. The Condition of Education 2018 | 5 Chapter: 4/International Comparisons Section: Finances Education Expenditures by Country Compared with the elementary/secondary level, there were more OECD countries where postsecondary expenditures per FTE student were lower in 2014 than in 2005. In 2014, OECD average expenditures per FTE student at the postsecondary level were $16,400, compared with $13,900 in 2005. Of the 31 OECD countries with expenditures per FTE student data available in both years, expenditures per FTE student at the postsecondary level were higher in 2014 than in 2005 in 20 countries. Of those 20 countries, the percentage increase in expenditures per FTE student ranged from a low of 3 percent in Spain to a high of 126 percent in Estonia. Conversely, there were 11 countries, including the United States, where average expenditures per FTE student at the postsecondary level were lower in 2014 than in 2005. In the United States, expenditures per FTE student in 2014 were $29,700, less than 1 percent lower than in 2005 (when they were $29,900). However, the United States had the highest expenditures per FTE student of any OECD country in both 2005 and 2014 at the postsecondary level. Figure 3. Expenditures per full-time-equivalent (FTE) student for elementary and secondary education in selected Organization for Economic Cooperation and Development (OECD) countries, by gross domestic product (GDP) per capita: 2014 — Linear relationship between spending and country wealth for 33 OECD countries reporting data (elementary/secondary): r2 = .82; slope = 0.23; intercept = 322. NOTE: Data for Luxembourg are excluded from the figure because of anomalies in that country’s gross domestic product (GDP) per capita data (large revenues from international finance institutions in Luxembourg distort the wealth of the country’s population). Data for Greece are excluded because data on expenditures were not available in 2014. Expenditures for International Standard Classification of Education (ISCED) level 4 (postsecondary non-highereducation) are included in elementary and secondary education unless otherwise noted. Data on expenditures for Canada and Italy do not include postsecondary non-higher-education. Data on expenditures for Canada include preprimary education. Data on expenditures for Switzerland include public institutions only and include occupation-specific education corresponding to that offered at the vocational associate’s degree level in the United States. Data adjusted to U.S. dollars using the purchasing power parity (PPP) index. Constant dollars based on national Consumer Price Indexes available on the OECD database cited in the source note below. SOURCE: Organization for Economic Cooperation and Development (OECD), Education at a Glance 2017; and Online Education Database, retrieved December 1, 2017, from
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