Norway vs Venezuela, Bolivarian Republic of: Adjusted savings: education expenditure

Norway
33.95 billion current US$
in 2021
Venezuela, Bolivarian Republic of
31.19 billion current US$
in 2014
Norway rank
22nd
Venezuela, Bolivarian Republic of rank
24th

Adjusted savings: education expenditure over time

  • Norway
  • Venezuela, Bolivarian Republic of
010.0B20.0B30.0B197019952021

How they compare

Norway currently reports 33.95 billion current US$ against 31.19 billion current US$ in Venezuela, Bolivarian Republic of, a difference of 2.76 billion current US$.

That makes Norway's figure about 1.1 times Venezuela, Bolivarian Republic of's.

The two have swapped places 2 times across 45 shared years of data; in 1970 it was Norway ahead.

Norway ranks 22nd and Venezuela, Bolivarian Republic of ranks 24th of 195 countries.

Norway has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Norway Venezuela, Bolivarian Republic of Difference Ahead
1970s 1.50 billion current US$ 1.04 billion current US$ 464.73 million current US$ Norway
1980s 3.80 billion current US$ 2.38 billion current US$ 1.42 billion current US$ Norway
1990s 9.16 billion current US$ 2.90 billion current US$ 6.26 billion current US$ Norway
2000s 18.28 billion current US$ 7.68 billion current US$ 10.60 billion current US$ Norway
2010s 32.03 billion current US$ 24.91 billion current US$ 7.13 billion current US$ Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher adjusted savings: education expenditure, Norway or Venezuela, Bolivarian Republic of?
Norway, at 33.95 billion current US$ against 31.19 billion current US$ in Venezuela, Bolivarian Republic of as of 2021.
What is the difference in adjusted savings: education expenditure between Norway and Venezuela, Bolivarian Republic of?
2.76 billion current US$, with Norway ahead.
How many years of comparable data are there for Norway and Venezuela, Bolivarian Republic of?
45 years are reported by both, from 1970 to 2014.
How do Norway and Venezuela, Bolivarian Republic of rank globally for adjusted savings: education expenditure?
Norway ranks 22nd and Venezuela, Bolivarian Republic of ranks 24th of 195 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Venezuela, Bolivarian Republic of: Adjusted savings: education expenditure. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 31 August 2026, from https://economy.statizoid.com/compare/adjusted-savings-education-expenditure-current-us/norway/venezuela-rb/

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About this data

Indicator
Adjusted savings: education expenditure (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 8,370 data points, 1970–2021
Last refreshed

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.