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Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. Divide total government expenditure for a given level of education (ex. primary, secondary, or all levels combined) by total general government expenditure (all sectors), and multiply by 100. A higher percentage of government expenditure on education shows a high government priority for education relative to other public investments. When interpreting this indicator however, one should keep in mind that some governments have more (or less) means and therefore larger (or smaller) overall budgets, and that countries with younger populations may spend more on education in relation to other sector such as health or social security, and vice-versa. Limitations: In some instances data on total public expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. Also, although the IMF makes best efforts to publish data on total general government expenditure following common definitions based on the Government Finance Statistics Manual, in practice this concept (and what it includes) may differ from one country to the other. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/