The UK education system is ranked sixth best in the developed world, according to a new global league table.
Finland and South Korea top the new league table, followed by Hong Kong, Japan and Singapore.
The global study, carried out by the Economist Intelligence Unit (EIU) for education firm Pearson, used data from international tests, as well as data on school literacy and university graduation rates to draw up the index.
The UK was found to have the second best education system in Europe, ahead of countries such as Switzerland, Denmark and Germany which were ranked 9th, 12th and 15th respectively.
The research is designed to help policymakers, school leaders and academics identify the key factors which drive improved educational outcomes.
For educational attainment, based on literacy and graduation rates from schools and colleges, the UK is second only to South Korea, while Finland, Singapore, Hong Kong, South Korea and Japan were ranked highly in the cognitive ability category based on international tests in maths, reading and science.
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While investing in education "undoubtedly reaps rewards", the report - called the Learning Curve - suggested that a culture of support for education is probably more important. It also added that there was no substitute for high quality teaching. "The best performing countries attract top talent, train teachers throughout their careers and allow them freedom too" the report stated.
Denis McCauley, executive editor, business research at the Economist Intelligence Unit said: "We hope our study serves as a catalyst for further collaborative efforts by academics, practitioners and policymakers to deepen our knowledge about what contributes to better education performance and outcomes."
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Christine Blower, general secretary of the National Union of Teachers said: "This is great news for all those working in schools and colleges. The study by Pearson concludes that having a culture that is supportive of learning is vitally important to educational success."
Learning Curve top 20 countries for education
- South Korea
- Hong Kong
- New Zealand