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