This indicator measures the
financial commitment of a government towards higher education by calculating the average public expenditure dedicated to each tertiary student, expressed as a percentage of the gross domestic product (GDP) per capita. It encompasses all forms of government spending, including current, capital investments, and transfers directed at tertiary education institutions. By highlighting the level of investment relative to the country’s economic output, this measure provides insights into the prioritization of educational funding compared to overall economic capacity. A higher percentage may suggest a greater emphasis on fostering human capital and supporting students' educational journeys, while also reflecting the government’s strategies in shaping an educated workforce for future economic development.
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