Adjusted savings: education expenditure in Austria

Austria: Adjusted savings: education expenditure was 23.49 billion current US$ in 2021. ◆ Volatile

Latest (2021)
23.49 billion current US$
Change on year
up 9.9%
World rank
30th
of 195 countries
All-time high
23.49 billion current US$
in 2021
All-time low
494.20 million current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: education expenditure in Austria, 1970–2021

05.0B10.0B15.0B20.0B25.0B197019952021

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: education expenditure in Austria is 23.49 billion current US$, measured in 2021. That is the highest value across all 52 years on record.

Compared with earlier readings it is up 9.9% on the previous year and up 0.4% over ten years.

Over the whole period, adjusted savings: education expenditure in Austria peaked at 23.49 billion current US$ in 2021 and was at its lowest, 494.20 million current US$, in 1970.

Austria ranks 30th of 195 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.56 billion current US$ 494.20 million current US$ 3.19 billion current US$ 10
1980s 4.45 billion current US$ 3.27 billion current US$ 6.42 billion current US$ 10
1990s 10.42 billion current US$ 7.69 billion current US$ 12.44 billion current US$ 10
2000s 15.88 billion current US$ 10.49 billion current US$ 22.29 billion current US$ 10
2010s 21.64 billion current US$ 19.70 billion current US$ 23.39 billion current US$ 10
2020s 22.44 billion current US$ 21.38 billion current US$ 23.49 billion current US$ 2

Countries ranked near Austria

  1. 27 South Africa 26.70 billion current US$ compare
  2. 28 Denmark 25.72 billion current US$ compare
  3. 29 Argentina 24.06 billion current US$ compare
  4. 31 Thailand 19.04 billion current US$ compare
  5. 32 New Zealand 18.10 billion current US$ compare
  6. 33 Finland 17.32 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Austria

All data for Austria →

Frequently asked questions

What is adjusted savings: education expenditure in Austria?
Adjusted savings: education expenditure in Austria was 23.49 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Austria?
The highest recorded value was 23.49 billion current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in Austria?
The lowest recorded value was 494.20 million current US$ in 1970.
How does Austria rank for adjusted savings: education expenditure?
Austria ranks 30th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Austria?
Over the last ten years it is up 0.4%. The long-run trend across the full record is volatile.
Where does this Austria 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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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: education expenditure (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 8,370 data points, 1970–2021
Last refreshed

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.