Finland

Finland registered the eighth largest drop in GDP among OECD countries between 2008 and 2010: a fall of 5%, a significant decrease when compared with the average decreases across the OECD (1%) and EU21 (3%) countries. Despite this, the country is maintaining its efforts to provide sufficient funds for education. In fact, Finland increased its expenditure on education in absolute terms at all levels by 6% between 2008 and 2010. In 2010, annual expenditure per student by educational institutions for all services for all levels of education was USD 10 157, above the OECD average of USD 9 308. Likewise, levels of expenditure in education relative to GDP (7%) were above the OECD average (6%) the same year, reflecting a real effort by the government to maintain provision for its educational system.