What is the ratio of education expenditure to GDP in the United States?

It accounts for 6.32 1% of GDP.

In 20 15, the U.S. government's education expenditure was102.4 billion dollars, GDP was161979.6 billion dollars, and in 20 15, the U.S. GDP was17000 billion dollars, and the military expenditure plus more than 20 billion wars.

Extended data:

education legislation

In America, 16- 18 years old must go to school. Now many states require students to study until they are 18 years old. Some states only stipulate that you must study until you are 14 years old. Students can attend public schools, private schools or home schools. In most public and private schools, education is divided into three levels: primary school, junior high school and senior high school.

In a United Nations education index of 2 1 country, the United States scored 99.9, ranking first in the world. 76.6 million students are in grade 16. Among them, in the compulsory education stage, 5.2 million people (10.4%) attended private schools. Of the adult population in this country, 85% graduated from middle school, and 27% obtained a bachelor's degree or above. According to the statistics of the US Census Bureau in 2002, the average annual income of college graduates is $45,400, which is 10000 $ higher than the average level. In 20 15, the U.S. government expenditure on education was102.4 billion dollars, and the GDP was161979.6 billion dollars, accounting for 632 1%.

According to the data of March 20 16, the population of the United States is about 323 million. Accordingly, the per capita government expenditure on education in the United States is $20 170.28.

In 20 15, the government expenditure on education in China was 262,765,438+88 million yuan, and the gross domestic product was 6,767.08 million yuan, accounting for 3.88%.

20 15 statistics show that the population of our country is about13.75 million. Accordingly, the per capita education expenditure of China government is 19 10.68 yuan, which is equivalent to US$ 306.77 at the annual average exchange rate of 20 15.

In terms of total expenditure, 262,765,438+88 million RMB is equivalent to about 421808 million US dollars, which is 45 19% of that of the United States.

Of course, all the above comparisons are made at the nominal exchange rate. If 3.606 yuan is equivalent to 1 US dollar according to the parity purchasing power standard published by OECD in 2014, then the total education expenditure in China is equivalent to 728.56 billion US dollars, which is 7 1. 15% of that in the United States. China's per capita is $529.86, which is 16.7 1% of the American average.