Thailand's education spending above 6% of GDP
Education expenses in Thailand during 2008-2013 stayed above 6 per cent of the country's gross domestic product, totalling Bt805 billion in 2013 or 6.42 per cent, according to a research.
Chaiyuth Punyasavatsut, chief of Thailand's national education account project, said that of total, government spending in 2013 accounted for Bt640 billion or 80.25 per cent. Basic education consumed Bt510 billion or 71 per cent of total.
He also added that expenses on basic education increased 7.4 per cent year on year during the period, against the fact that the number of students dropped from 13.1 million in 2008 to 12.4 million in 2013.
The information was revealed at the regional workshop on National Education Account, which was participated by representatives from Vietnam, Laos and Nepal. The workshop was supported by Unesco Institute for Statistics (UIS).
