World Bank: Cuba is the country with highest investments in education in the world

The World Bank recognized Cuba as the country with highest investments in the education field in the world for the period 2009-2013. The island invests 12.9% of its GDP in this essential sector. No other country in the world, including more developed countries, meets Cuba´s investment parameters. Indeed, Cuba´s social policy is also a model for many developing countries.

Timor-Leste and Denmark are second and third in the list, with an 11.3% and 8.7% of their GDP, respectively.

In America, Canada allocates 5.5% of its GDP to education while the U.S. figure is 5.4%.

In Europe, France´s GDP allocated to education is 5.9%, Germany 5.1%, UK 6.2%, and Spain 5%.

In Latin America, Bolivia allotted 7.6%, Brazil 5.8%, whereas Mexico and Argentina 5.2% and 5.8%, respectively.

The World Bank already published that Cuba had the best education system in Latin America and the Caribbean in 2014. Furthermore, the institution compared the island with world-wide prestige countries such as Finland, Singapore, China, Korean Republic, Switzerland, Netherlands, and Canada.

Cuba boasts the lowest illiteracy rate in Latin America —only 0.2%— and the highest enrolment rate in America —99.7%—, with free education. UNESCO describes Cuba as outstanding in all courses and highlights that Cuban students double in knowledge and competence other Latin American students.

Cubasi Translation Staff