Norway vs Venezuela, Bolivarian Republic of: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Norway
- Venezuela, Bolivarian Republic of
How they compare
Norway currently reports 6.7% against 6.5% in Venezuela, Bolivarian Republic of, a difference of 0.2%.
The two have swapped places 6 times across 52 shared years of data; in 1970 it was Norway ahead.
Norway ranks 20th and Venezuela, Bolivarian Republic of ranks 21st of 200 countries.
Across the 6 decades both report, Norway averaged higher in 5 and Venezuela, Bolivarian Republic of in 1.
Head to head by decade
| Decade | Norway | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.0% | 3.9% | 1.0% | Norway |
| 1980s | 5.1% | 4.1% | 1.0% | Norway |
| 1990s | 6.6% | 4.2% | 2.4% | Norway |
| 2000s | 6.3% | 4.1% | 2.1% | Norway |
| 2010s | 6.5% | 6.5% | 0.0% | Venezuela, Bolivarian Republic of |
| 2020s | 6.7% | 6.5% | 0.2% | 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 6.7% against 6.5% in Venezuela, Bolivarian Republic of as of 2021.
- What is the difference in adjusted savings: education expenditure between Norway and Venezuela, Bolivarian Republic of?
- 0.2%, with Norway ahead.
- How many years of comparable data are there for Norway and Venezuela, Bolivarian Republic of?
- 52 years are reported by both, from 1970 to 2021.
- How do Norway and Venezuela, Bolivarian Republic of rank globally for adjusted savings: education expenditure?
- Norway ranks 20th and Venezuela, Bolivarian Republic of ranks 21st of 200 countries.
- 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.
Individual pages
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.