Politics & Foreign Relations

   Economic News

   Business News

   Other News of Interest

   All stories

12th September, 2018

OECD finds education spending low

Hungary spends 3.8% of its GDP on education, including both public and private, which is below the 5% average of the OECD and the 4.7% average of the EU-23, the international organisation reports.

Luxembourg and Ireland spend only 3.5% and Russia 3.1%, but other countries devote more funds to education than Hungary.

The report states that teachers’ salaries are relatively low in Hungary and that their workload is high.

Among OECD countries, having a degree has the largest income advantage in Hungary.

In addition, the wage disparity between men and women with university degrees is greatest in Hungary, as women with degrees are paid on average 67% as much as their male counterparts.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

Contact Free Trial Subscription