Vietnam spends 4.9% of GDP on education: report

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First-grade students in a classroom in Bac Giang Province, northern Vietnam, January 19, 2021. Photo by VnExpress/Duong Tam

 

Vietnam spent 4.9% of its GDP on education in 2011-20, the Vietnam National Institute of Educational Sciences reported at a review conference Monday.

 

Le Anh Vinh, head of the institute, said investment in education rose every year during the period.

 

The government typically spends 17-18% of the budget on education every year on average, which is higher even than countries like the U.S. (13%), Indonesia (17.5%) and Singapore (19.9%), he said.

 

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