Public Expenditure on Education of TGE Formula


Equation for calculate public expenditure on education of tge is,

%PXEt = [PXEt ÷ TPXt] x 100

where,
PXEt = Total Public expenditure on Education in financial year t,
TPXt = Total government expenditure in financial year t,
%PXEt = Public expenditure on education as a percentage of total government expenditure in financial year t