A new report from the European Commission highlights a positive shift in education funding across Europe, offering a boost to the EU's competitive edge.
Titled ‘Investing in Education 2025,' the report details multiple economic and social benefits and shows that public investment in education is recovering after the setbacks of the Covid-19 pandemic - though it has not yet reached the levels seen before the crisis. This uptick supports the goals of the Union of Skills strategy and suggests promising benefits for the region's economy and society.
In total, EU countries spent €806 billion on education in 2023. National education spending reached 9.6% of total public expenditure and 4.7% of Gross Domestic Product (GDP) on average, with variations between Member States.
