This indicator represents the total financial commitment of governments—encompassing local, regional, and national authorities—toward education, expressed as a share of the nation's gross domestic product (GDP). It captures a comprehensive view of spending that includes not only current expenditures and capital investments but also financial transfers from international organizations or foreign governments. By analyzing this metric, one can gauge the prioritization of education in governmental policy, as well as the effectiveness of funding strategies in promoting access to quality education. A higher percentage may reflect a broader commitment to enhancing educational systems, while trends over time can indicate shifts in policy focus or economic conditions impacting educational investment.
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