Current education expenditure, total (% of total expenditure in public institutions)

This indicator quantifies the proportion of a public institution's total budget dedicated to current educational expenditures, reflecting both instructional and non-instructional costs at a designated educational level. By representing current expenditures as a share of overall financial outlay, it emphasizes ongoing financial commitments necessary for sustaining educational services, excluding student financial aid and transfers. Key components include personnel compensation, teaching materials, and administrative services, all of which are critical for effective educational delivery. This measure serves as a vital benchmark for assessing the financial prioritization of education within public budgets, providing insight into the sustainability and quality of educational services offered to students throughout the fiscal year. Source: