![finance and planning](/gem-report/sites/default/files/styles/banner_mobile/public/2022-12/49647285553_4eb7ee01db_k.jpg?itok=lLZHqKn0)
Sanja Knezevic/Open Society Foundations
Monitoring SDG 4: Education finance
All GEM Report resources related to education financing
Total global education spending in 2021 as a percentage of gross domestic product (GDP) declined in all country income groups, except LIC.
Aid to education fell by 7 percent, from US$19.3 billion in 2020 to US$17.8 billion in 2021, because of the reduction in general budget support, which returned to pre-COVID levels.
There remains an annual finance gap of almost $100 billion per year for countries to reach their education targets by 2030.
Families meanwhile spend significant portions of their funds on education; more than one-third of total education spending in LIC and lower-middle-income countries (LMIC) is from households.
Thumbnail
![Financing education to drive COVID-19 recovery](/gem-report/sites/default/files/styles/paragraph_full_mobile/public/oembed_thumbnails/s4PsJl4StSeG_jq99p_LoGCGiRN-fkRLx_RK68Tbwjg.jpg?itok=1jW8MIs7)
play_arrow
GEM Report
SDG 4 Targets | GEM Report monitoring chapters | Most recent statistics | GEM Report Blogs |
---|---|---|---|
TARGET 4.B: SCHOLARSHIPS | 2023 GEM Report 2021/2 GEM Report 2020 GEM Report 2019 GEM Report 2017/8 GEM Report 2016 GEM Report | 4.B statistics | View blogs |
FINANCE | 2023 GEM Report 2021/2 GEM Report 2020 GEM Report 2019 GEM Report 2017/8 GEM Report 2016 GEM Report | Finance statistics | View blogs |