Brazil increases investment in education by 23% in 2024

by Andrea
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According to data released by the Brazilian Basic Education Yearbook, the amount allocated represents growth compared to 2021

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The growth is the highest recorded since 2013

The Brazilian Yearbook of Basic Education points out that in 2022 R$490 billion was allocated to the education sector. This value represents a significant increase of 23% compared to the previous year, 2021. The growth is the largest recorded since 2013, a period in which public education expenditures either fell, or increased modestly, at around 2% per year. The data, released this Wednesday (13), reflects government expenses in three spheres: Union, States and municipalities. Between 2013 and 2022, growth in education was 8% in deflated values, rising from R$452 billion to R$490 billion. Ivan Gontijo, educational policy manager at the organization “Todos Pela Educação”, highlighted that the increase was driven by Fundeb, the main mechanism for financing education in Brazil.

Published by Luisa Cardoso

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