Europe & Central Asia vs New Zealand: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Europe & Central Asia
- New Zealand
How they compare
New Zealand currently reports 7.4% against 4.7% in Europe & Central Asia, a difference of 2.7%.
That makes New Zealand's figure about 1.6 times Europe & Central Asia's.
The two have swapped places 5 times across 52 shared years of data; in 1970 it was Europe & Central Asia ahead.
Europe & Central Asia ranks 9th and New Zealand ranks 12th of 47 groups.
Across the 6 decades both report, Europe & Central Asia averaged higher in 1 and New Zealand in 5.
Head to head by decade
| Decade | Europe & Central Asia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.0% | 4.0% | 0.0% | New Zealand |
| 1980s | 4.3% | 4.0% | 0.3% | Europe & Central Asia |
| 1990s | 4.5% | 6.4% | 1.9% | New Zealand |
| 2000s | 4.5% | 6.5% | 2.0% | New Zealand |
| 2010s | 4.7% | 7.3% | 2.6% | New Zealand |
| 2020s | 4.7% | 7.4% | 2.7% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: education expenditure, Europe & Central Asia or New Zealand?
- New Zealand, at 7.4% against 4.7% in Europe & Central Asia as of 2021.
- What is the difference in adjusted savings: education expenditure between Europe & Central Asia and New Zealand?
- 2.7%, with New Zealand ahead.
- How many years of comparable data are there for Europe & Central Asia and New Zealand?
- 52 years are reported by both, from 1970 to 2021.
- How do Europe & Central Asia and New Zealand rank globally for adjusted savings: education expenditure?
- Europe & Central Asia ranks 9th and New Zealand ranks 12th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.