Denmark continues its high ranking in different kinds of global survey. The latest is in the field of education.
The yearly report entitled “Education at a Glance” revealed Denmark’s good ranking in its 2009 survey. This Scandinavian country showed a high level of education among the countries that are members of the Organisation for Economic Cooperation and Development (OECD). The same report pointed out the big investment made by the Danish government when it comes to education. Among the countries surveyed, Denmark spends the most public funding in education in the OECD based on percentages of its gross domestic product or GDP.
Public funding for the education department of the Danish government accounts for 6.7 percent of the country’s GDP. For this reason, Denmark ranks higher than Sweden, Finland and Norway but is behind Iceland which allocates 7.2 percent of its GDP to education.
Denmark also puts great value on its students. In fact, it is one country in the world that spends most of its funds on the education of its individual students. And this is not only focused on one level but in all levels. Additionally, it is estimated that 85 percent of adults especially those aged 25 to 34 in Denmark have attained and completed secondary education.
The OECD 2009 report urges countries around the world to invest in higher education to help them beat the recession. The organization also believes that with this action, people who want to pursue further studies will also be well rewarded financially. As people attain higher education, they have better chances of landing in high paying jobs and gain better health. And when a crisis presents itself once more, those who are more educated will not likely go unemployed. Today, the U.S. is the country that offers male and female graduates with the highest earnings with Italy on second place.