EU: estimated public expenditure on education 2003-2011

* Figures are estimates. PPS = Purchasing Power Standard. This is the name given by Eurostat to the artificial currency unit in which the Purchasing Power Parities (PPP) and real final expenditures for the EU 25 are expressed.

Information from the source: "Generally, the public sector funds education either by bearing directly the current and capital expenses of educational institutions (direct expenditure for educational institutions) or by supporting students and their families with scholarships and public loans as well as by transferring public subsidies for educational activities to private firms or non-profit organisations (transfers to private households and firms); both types of transactions together are reported as total public expenditure on education."