Education is important to most people; whether you have children or not, you realize that an educated country, with educated future generations, tends to come out on top. Having an educated workforce is vital to a country’s economic health and well-being. Obviously, some countries have the resources and ability to turn out a more consistently educated workforce than others. To know about them, just check out the featured article of Insidermonkey covering the 10 Countries That Spend the Most on Education per Student.
There are many different ways to look at how money is spent on education. For example, one can examine the percentage of a country’s GDP (Gross Domestic Product) that’s spent on education, or the total actual amount each country spends on education, or perhaps how much money each country spends per student. Also the Knowledge Economy (KE) Index, which measures a country’s potential to use knowledge for economic development, shows that a country’s wealth correlates with its KE Index. You can check our list 10 Countries That Spend the Most on Military to see whether states which invest billions of dollars in their militaries also rank high by KE Index.
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