Slovakia spends least on education in EU.

By bne IntelliNews April 20, 2011
Slovakia spends less money on education than any other EU country, the European Commission (EC) said in its annual report on education and training. Public spending on education as a percentage of the GDP was 3.62% in 2007, ranking the country at the last position in a list that includes all EU members, candidate and associated members. Denmark was the leader with 7.83% of GDP dedicated to education while the average EU stood at 4.96%. The other most problematic area in the Slovak educational system is the low number of teachers, especially in continuing education. The country ranked second in terms of number of young aged between 20 and 24 years that have completed their secondary level education, fourth in mobility of students within the EU and showed good results in a number of graduates in science and technology. The EU commissioner for education Androulla Vassiliou urged the member states not to cut their spending on education despite the difficult economic situation because it is a good long-term investment for jobs and growth.

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