From Iceland — Iceland Spends Most on Education

Iceland Spends Most on Education

Published September 8, 2009

Iceland spends proportionately more than any other OECD country, according to a report newly released by the organization.
According to the report, Education at a Glance 2009: OECD Indicators, Iceland spent 8% of its GDP on education, while the OECD average was 6.1%. The survey covered 30 countries in all.
The report is released every year in order to determine how much each country spends on education, as well as how accessible education is to students, how well students score on standardized tests, and how well teachers are paid.

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