The National Center for Education Statistics publishes a biennial series of compendia describing key education outcomes and contexts of education in the Group of Eight (G-8) countries—Canada, France, Germany, Italy, Japan, the Russian Federation, the United Kingdom, and the United States. The 2011 report is organized into six topical areas: population and school enrollment, academic performance, contexts for learning, expenditures for education, and educational attainment, and income.
In 2007, the total expenditures per student and the portion of these expenditures devoted to core education services were higher in the United States than in all other G-8 countries. In 2008, upper secondary graduation rates were lowest in Canada (76%) and the United States (77%) among G-8 countries with data (data not reported for France and the Russian Federation) and highest in Germany (97%) and Japan (95%).
You can download and read the full report from the Research area of the ISM Web site.