Statistics from the government show that total spending on education, comprising operating and development expenditure, increased to RM54.59 billion in 2012.
According to a 2011 World Bank report, Malaysia’s public expenditure on basic education –defined as preschool to secondary, amounted to 3.8% of GDP.
Even the developed OECD countries had a lower average ratio of 3.4%.
Malaysia’s expenditure on education as a percentage of total government spending at 16% was also almost double that of the OECD average of 8.7%.
Our ratio is the second highest in Asia, behind Thailand’s 18%, but ahead of Hong Kong’s 12%, Korea and Singapore’s 11% and Indonesia’s 9%.