🇩🇪 Germany's 2023 Education Investments Climb
Boost in Allocations for Education and Research in Germany Throughout the Year 2023 - Enhancement of Germany's budget for education and research by the year 2023
Hey there! Let's dive into Germany's investment trends in education and research for 2023. Buckle up!
Last year, education and research expenditures reached 9.5% of Germany's total GDP. Guess what? That's the exact same percentage as in the previous year, according to the Federal Statistical Office in Wiesbaden. Public and private sector spending is included in this figure.
Moving on to the education sector, total investments reached an impressive 283 billion euros - representing a whopping 6% increase from 2022. The lion's share of this sum, approximately 228 billion
In the 2023 investment plan for education and research in Germany, there's a significant focus on various community policies, including the allocation of funds for vocational training, amounting to around 228 billion euros. For those interested, the government has also announced plans to invest in financial resources for expanding and improving vocational training programs.
