Latin America & the Caribbean (IDA & IBRD countries) vs Namibia: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Namibia
How they compare
Namibia currently reports 8.9% against 4.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 4.0%.
That makes Namibia's figure about 1.8 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 52 years both countries report, Namibia has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 5th and Namibia ranks 8th of 47 groups.
Namibia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.0% | 8.9% | 5.9% | Namibia |
| 1980s | 3.2% | 8.9% | 5.6% | Namibia |
| 1990s | 3.6% | 8.4% | 4.8% | Namibia |
| 2000s | 4.3% | 7.2% | 2.9% | Namibia |
| 2010s | 5.1% | 8.8% | 3.7% | Namibia |
| 2020s | 4.9% | 8.9% | 4.0% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: education expenditure, Latin America & the Caribbean (IDA & IBRD countries) or Namibia?
- Namibia, at 8.9% against 4.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2021.
- What is the difference in adjusted savings: education expenditure between Latin America & the Caribbean (IDA & IBRD countries) and Namibia?
- 4.0%, with Namibia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Namibia?
- 52 years are reported by both, from 1970 to 2021.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Namibia rank globally for adjusted savings: education expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 5th and Namibia ranks 8th 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.