Adjusted savings: education expenditure in Australia
Australia: Adjusted savings: education expenditure was 76.93 billion current US$ in 2021. β Volatile
Adjusted savings: education expenditure in Australia, 1970β2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Australia is 76.93 billion current US$, measured in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 18.4% on the previous year and up 18.2% over ten years.
Over the whole period, adjusted savings: education expenditure in Australia peaked at 76.93 billion current US$ in 2021 and was at its lowest, 2.04 billion current US$, in 1970.
That places Australia 12th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.26 billion current US$ | 2.04 billion current US$ | 6.66 billion current US$ | 10 |
| 1980s | 9.45 billion current US$ | 7.42 billion current US$ | 13.13 billion current US$ | 10 |
| 1990s | 16.77 billion current US$ | 13.23 billion current US$ | 20.49 billion current US$ | 10 |
| 2000s | 30.22 billion current US$ | 17.86 billion current US$ | 46.58 billion current US$ | 10 |
| 2010s | 66.93 billion current US$ | 56.09 billion current US$ | 76.16 billion current US$ | 10 |
| 2020s | 70.96 billion current US$ | 64.99 billion current US$ | 76.93 billion current US$ | 2 |
Countries ranked near Australia
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)
- Taxes less subsidies on products (current LCU), annual growth rate 5.45 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0989 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 6,441 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.05 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1.49 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.6693 (2025)
- Gdp worldbank constant usd, annual growth rate 1.35 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Australia?
- Adjusted savings: education expenditure in Australia was 76.93 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Australia?
- The highest recorded value was 76.93 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Australia?
- The lowest recorded value was 2.04 billion current US$ in 1970.
- How does Australia rank for adjusted savings: education expenditure?
- Australia ranks 12th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Australia?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.