Adjusted savings: education expenditure (current US$), per unit of GDP in Australia
Australia: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0493 current US$ per US$ of GDP in 2021. ▬ Flat
Adjusted savings: education expenditure (current US$), per unit of GDP in Australia, 1970–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2021, adjusted savings: education expenditure (current us$), per unit of gdp in Australia stood at 0.0493 current US$ per US$ of GDP.
Compared with earlier readings it is up 1.1% on the previous year and up 6.2% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Australia peaked at 0.0508 current US$ per US$ of GDP in 1994 and was at its lowest, 0.0422 current US$ per US$ of GDP, in 1991.
That places Australia 43rd out of 194 countries with data for 2021, putting it in the top quarter.
Adjusted savings: education expenditure (current US$), per unit of GDP in Australia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0492 current US$ per US$ of GDP | — |
| 1971 | 0.0492 current US$ per US$ of GDP | +0.0% |
| 1972 | 0.0495 current US$ per US$ of GDP | +0.7% |
| 1973 | 0.0498 current US$ per US$ of GDP | +0.5% |
| 1974 | 0.0496 current US$ per US$ of GDP | -0.4% |
| 1975 | 0.0498 current US$ per US$ of GDP | +0.6% |
| 1976 | 0.0497 current US$ per US$ of GDP | -0.2% |
| 1977 | 0.0494 current US$ per US$ of GDP | -0.7% |
| 1978 | 0.0503 current US$ per US$ of GDP | +1.9% |
| 1979 | 0.0493 current US$ per US$ of GDP | -2.0% |
| 1980 | 0.0494 current US$ per US$ of GDP | +0.2% |
| 1981 | 0.0498 current US$ per US$ of GDP | +0.7% |
| 1982 | 0.049 current US$ per US$ of GDP | -1.6% |
| 1983 | 0.0495 current US$ per US$ of GDP | +1.2% |
| 1984 | 0.0503 current US$ per US$ of GDP | +1.6% |
| 1985 | 0.0492 current US$ per US$ of GDP | -2.1% |
| 1986 | 0.0481 current US$ per US$ of GDP | -2.4% |
| 1987 | 0.0461 current US$ per US$ of GDP | -4.1% |
| 1988 | 0.0451 current US$ per US$ of GDP | -2.2% |
| 1989 | 0.0437 current US$ per US$ of GDP | -3.0% |
| 1990 | 0.0424 current US$ per US$ of GDP | -3.0% |
| 1991 | 0.0422 current US$ per US$ of GDP | -0.6% |
| 1992 | 0.0432 current US$ per US$ of GDP | +2.4% |
| 1993 | 0.0505 current US$ per US$ of GDP | +17.0% |
| 1994 | 0.0508 current US$ per US$ of GDP | +0.5% |
| 1995 | 0.0471 current US$ per US$ of GDP | -7.3% |
| 1996 | 0.0501 current US$ per US$ of GDP | +6.3% |
| 1997 | 0.047 current US$ per US$ of GDP | -6.2% |
| 1998 | 0.0459 current US$ per US$ of GDP | -2.3% |
| 1999 | 0.0463 current US$ per US$ of GDP | +0.8% |
| 2000 | 0.0468 current US$ per US$ of GDP | +1.1% |
| 2001 | 0.047 current US$ per US$ of GDP | +0.4% |
| 2002 | 0.0472 current US$ per US$ of GDP | +0.4% |
| 2003 | 0.0472 current US$ per US$ of GDP | +0.2% |
| 2004 | 0.0474 current US$ per US$ of GDP | +0.3% |
| 2005 | 0.0471 current US$ per US$ of GDP | -0.6% |
| 2006 | 0.0459 current US$ per US$ of GDP | -2.5% |
| 2007 | 0.0444 current US$ per US$ of GDP | -3.3% |
| 2008 | 0.044 current US$ per US$ of GDP | -0.9% |
| 2009 | 0.0462 current US$ per US$ of GDP | +4.9% |
| 2010 | 0.0487 current US$ per US$ of GDP | +5.4% |
| 2011 | 0.0464 current US$ per US$ of GDP | -4.6% |
| 2012 | 0.0488 current US$ per US$ of GDP | +5.1% |
| 2013 | 0.0481 current US$ per US$ of GDP | -1.4% |
| 2014 | 0.0471 current US$ per US$ of GDP | -2.1% |
| 2015 | 0.0489 current US$ per US$ of GDP | +3.8% |
| 2016 | 0.0487 current US$ per US$ of GDP | -0.3% |
| 2017 | 0.0486 current US$ per US$ of GDP | -0.3% |
| 2018 | 0.0484 current US$ per US$ of GDP | -0.4% |
| 2019 | 0.0482 current US$ per US$ of GDP | -0.3% |
| 2020 | 0.0487 current US$ per US$ of GDP | +1.1% |
| 2021 | 0.0493 current US$ per US$ of GDP | +1.1% |
Australia compared with similar countries
- Australia's 0.0493 current US$ per US$ of GDP is above the median for high income countries, which is 0.0408 current US$ per US$ of GDP, 1.2× the median. (68 countries reporting)
- Australia's 0.0493 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0369 current US$ per US$ of GDP, 1.3× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0496 current US$ per US$ of GDP | 0.0492 current US$ per US$ of GDP | 0.0503 current US$ per US$ of GDP | 10 |
| 1980s | 0.048 current US$ per US$ of GDP | 0.0437 current US$ per US$ of GDP | 0.0503 current US$ per US$ of GDP | 10 |
| 1990s | 0.0465 current US$ per US$ of GDP | 0.0422 current US$ per US$ of GDP | 0.0508 current US$ per US$ of GDP | 10 |
| 2000s | 0.0463 current US$ per US$ of GDP | 0.044 current US$ per US$ of GDP | 0.0474 current US$ per US$ of GDP | 10 |
| 2010s | 0.0482 current US$ per US$ of GDP | 0.0464 current US$ per US$ of GDP | 0.0489 current US$ per US$ of GDP | 10 |
| 2020s | 0.049 current US$ per US$ of GDP | 0.0487 current US$ per US$ of GDP | 0.0493 current US$ per US$ of GDP | 2 |
Countries ranked near Australia
- 40 United Kingdom 0.0497 current US$ per US$ of GDP compare
- 41 Argentina 0.0494 current US$ per US$ of GDP compare
- 42 Dominica 0.0494 current US$ per US$ of GDP compare
- 44 France 0.0493 current US$ per US$ of GDP compare
- 45 Ukraine 0.049 current US$ per US$ of GDP compare
- 46 Senegal 0.049 current US$ per US$ of GDP compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Australia?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Australia was 0.0493 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Australia?
- The highest recorded value was 0.0508 current US$ per US$ of GDP in 1994.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Australia?
- The lowest recorded value was 0.0422 current US$ per US$ of GDP in 1991.
- How does Australia rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Australia ranks 43rd out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Australia?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.