Increased education spending in Saudi Arabia leads to significant economic growth.
The study looked at how education and money spent on education in Saudi Arabia affect the country's economic growth from 1986 to 2016. They found that more graduates don't always mean more economic growth in the long term, but spending on education does help the economy grow. For every 1% increase in education spending, the GDP per person goes up by 18% in the long run. This shows that investing in education can lead to a stronger economy in Saudi Arabia.