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
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$, in 1970.
Austria ranks 30th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Austria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 494.20 million current US$ | — |
| 1971 | 610.41 million current US$ | +23.5% |
| 1972 | 775.33 million current US$ | +27.0% |
| 1973 | 1.04 billion current US$ | +33.7% |
| 1974 | 1.27 billion current US$ | +22.8% |
| 1975 | 1.61 billion current US$ | +26.4% |
| 1976 | 1.81 billion current US$ | +12.4% |
| 1977 | 2.12 billion current US$ | +17.0% |
| 1978 | 2.67 billion current US$ | +26.2% |
| 1979 | 3.19 billion current US$ | +19.2% |
| 1980 | 3.53 billion current US$ | +10.9% |
| 1981 | 3.41 billion current US$ | -3.6% |
| 1982 | 3.49 billion current US$ | +2.6% |
| 1983 | 3.47 billion current US$ | -0.7% |
| 1984 | 3.27 billion current US$ | -5.8% |
| 1985 | 3.41 billion current US$ | +4.2% |
| 1986 | 5.04 billion current US$ | +48.1% |
| 1987 | 6.20 billion current US$ | +22.9% |
| 1988 | 6.42 billion current US$ | +3.5% |
| 1989 | 6.28 billion current US$ | -2.2% |
| 1990 | 7.69 billion current US$ | +22.5% |
| 1991 | 8.34 billion current US$ | +8.4% |
| 1992 | 9.19 billion current US$ | +10.3% |
| 1993 | 8.97 billion current US$ | -2.4% |
| 1994 | 10.18 billion current US$ | +13.4% |
| 1995 | 12.25 billion current US$ | +20.3% |
| 1996 | 11.62 billion current US$ | -5.1% |
| 1997 | 11.21 billion current US$ | -3.5% |
| 1998 | 12.32 billion current US$ | +9.9% |
| 1999 | 12.44 billion current US$ | +1.0% |
| 2000 | 10.49 billion current US$ | -15.7% |
| 2001 | 10.66 billion current US$ | +1.6% |
| 2002 | 11.40 billion current US$ | +7.0% |
| 2003 | 13.79 billion current US$ | +20.9% |
| 2004 | 15.47 billion current US$ | +12.2% |
| 2005 | 16.05 billion current US$ | +3.8% |
| 2006 | 17.09 billion current US$ | +6.4% |
| 2007 | 19.48 billion current US$ | +14.0% |
| 2008 | 22.09 billion current US$ | +13.4% |
| 2009 | 22.29 billion current US$ | +0.9% |
| 2010 | 21.36 billion current US$ | -4.2% |
| 2011 | 23.39 billion current US$ | +9.5% |
| 2012 | 21.35 billion current US$ | -8.7% |
| 2013 | 22.78 billion current US$ | +6.7% |
| 2014 | 22.91 billion current US$ | +0.6% |
| 2015 | 19.70 billion current US$ | -14.0% |
| 2016 | 20.34 billion current US$ | +3.2% |
| 2017 | 20.91 billion current US$ | +2.8% |
| 2018 | 22.08 billion current US$ | +5.6% |
| 2019 | 21.59 billion current US$ | -2.2% |
| 2020 | 21.38 billion current US$ | -1.0% |
| 2021 | 23.49 billion current US$ | +9.9% |
Austria compared with similar countries
- Austria's 23.49 billion current US$ is above the median for high income countries, which is 5.34 billion current US$, 4.4× the median. (69 countries reporting)
- Austria's 23.49 billion current US$ is above the median for Europe & Central Asia, which is 5.65 billion current US$, 4.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.56 billion current US$ | 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
More economy & growth data for Austria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.801 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.9157 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -6.07 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -658.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -11.68 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -185.54 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,269 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 50.93 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Austria?
- Adjusted savings: education expenditure in Austria was 23.49 billion current US$ 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.
Download this data
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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.