Venezuela, Bolivarian Republic of vs World: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Venezuela, Bolivarian Republic of
- World
How they compare
Venezuela, Bolivarian Republic of currently reports 6.5% against 3.8% in World, a difference of 2.7%.
That makes Venezuela, Bolivarian Republic of's figure about 1.7 times World's.
The two have swapped places 9 times across 52 shared years of data; in 1970 it was World ahead.
Venezuela, Bolivarian Republic of ranks 21st and World ranks 22nd of 200 countries.
Across the 6 decades both report, Venezuela, Bolivarian Republic of averaged higher in 2 and World in 4.
Head to head by decade
| Decade | Venezuela, Bolivarian Republic of | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.9% | 4.7% | 0.8% | World |
| 1980s | 4.1% | 4.5% | 0.5% | World |
| 1990s | 4.2% | 4.2% | 0.1% | World |
| 2000s | 4.1% | 4.2% | 0.0% | World |
| 2010s | 6.5% | 4.1% | 2.5% | Venezuela, Bolivarian Republic of |
| 2020s | 6.5% | 3.8% | 2.7% | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: education expenditure, Venezuela, Bolivarian Republic of or World?
- Venezuela, Bolivarian Republic of, at 6.5% against 3.8% in World as of 2021.
- What is the difference in adjusted savings: education expenditure between Venezuela, Bolivarian Republic of and World?
- 2.7%, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Venezuela, Bolivarian Republic of and World?
- 52 years are reported by both, from 1970 to 2021.
- How do Venezuela, Bolivarian Republic of and World rank globally for adjusted savings: education expenditure?
- Venezuela, Bolivarian Republic of ranks 21st and World ranks 22nd 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.