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September 12, 2009

Japan's education spending second lowest among OECD countries

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The percentage of GDP spent on education in Japan is 3.3% according to a new OECD report. This is the second lowest among OECD countries. Japan's spending on higher education is the lowest of all 28 countries and on elementary and junior high school education is the third lowest. The average amount spent on education among the 28 OECD countries is 4.8%. Iceland is ranked highest at 7.2% with Denmark and Sweden not far behind.

Japanese families compensate for the government's lack of spending on education. Japanese families' spending on pre-school education is the highest in the world and on higher education is the second highest. The only country where families spend more on education is Korea.

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