Elementary and Secondary Public School Expenditures as a Percentage of Gross Domestic Product
This indicator represents the relative amount of resources that state governments expend to support public education in prekindergarten through grade 12. It is calculated by dividing a state's current expenditures for elementary and secondary public schools by the state's gross domestic product (GDP). Current expenditures include instruction and instruction-related costs, student support services, administration, and operations and exclude funds for school construction and other capital outlays, debt service, and programs outside of public elementary and secondary education.
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