The U.S.spends more on education, and achieves far worse results.The underling cause of this disparity may have to do with:

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The high degree of inequality in the U.S. and the difference in property tax rates are both factors that contribute to the disparity between education spending and achievement. Inequality in the U.S. means that some schools, often those in affluent neighborhoods, have better resources and teachers than others, which can lead to better educational outcomes for their students. Property tax rates also play a role because schools are often funded through property taxes, meaning that wealthier areas with higher property values can afford to spend more on education than impoverished areas with lower property values.

The USSpends More on Education, and Achieves Far Worse Results