Teacher Salaries as a Percentage of GDP

From the new McKinsey report, Closing the Talent Gap: Attracting and retaining top-third graduates to careers in teaching, the chart below shows the change in U.S. teacher salaries as a percent of GDP per capita since 1970, and then benchmarked against other professions using 2008 data:

McKinsey identifies South Korea, Finland, and Singapore as the top performing nations in terms of education. This chart offers up how the U.S. (light blue) stacks up against the trio (orange) and other countries with regard to teacher salaries and GDP:

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