Adjusted savings: education expenditure in Azerbaijan
Azerbaijan: Adjusted savings: education expenditure was 2.08 billion current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Azerbaijan, 1993–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Azerbaijan is 2.08 billion current US$, measured in 2021. That is the highest value across all 29 years on record.
The figure is up 26.1% on the previous year and up 32.5% over ten years.
Over the whole period, adjusted savings: education expenditure in Azerbaijan peaked at 2.08 billion current US$ in 2021 and was at its lowest, 49.64 million current US$, in 1994.
That places Azerbaijan 86th out of 195 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 65.47 million current US$ | — |
| 1994 | 49.64 million current US$ | -24.2% |
| 1995 | 72.41 million current US$ | +45.9% |
| 1996 | 104.52 million current US$ | +44.3% |
| 1997 | 119.54 million current US$ | +14.4% |
| 1998 | 149.98 million current US$ | +25.5% |
| 1999 | 201.22 million current US$ | +34.2% |
| 2000 | 209.20 million current US$ | +4.0% |
| 2001 | 204.72 million current US$ | -2.1% |
| 2002 | 198.78 million current US$ | -2.9% |
| 2003 | 240.96 million current US$ | +21.2% |
| 2004 | 298.90 million current US$ | +24.0% |
| 2005 | 391.95 million current US$ | +31.1% |
| 2006 | 522.73 million current US$ | +33.4% |
| 2007 | 804.27 million current US$ | +53.9% |
| 2008 | 1.16 billion current US$ | +44.4% |
| 2009 | 1.40 billion current US$ | +20.8% |
| 2010 | 1.44 billion current US$ | +2.8% |
| 2011 | 1.57 billion current US$ | +9.0% |
| 2012 | 1.42 billion current US$ | -10.0% |
| 2013 | 1.73 billion current US$ | +22.3% |
| 2014 | 1.90 billion current US$ | +9.9% |
| 2015 | 1.53 billion current US$ | -19.5% |
| 2016 | 1.08 billion current US$ | -29.7% |
| 2017 | 997.85 million current US$ | -7.4% |
| 2018 | 1.14 billion current US$ | +14.4% |
| 2019 | 1.11 billion current US$ | -2.8% |
| 2020 | 1.65 billion current US$ | +49.0% |
| 2021 | 2.08 billion current US$ | +26.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 2.08 billion current US$ is above the median for upper middle income countries, which is 1.29 billion current US$, 1.6× the median. (55 countries reporting)
- Azerbaijan's 2.08 billion current US$ is below the median for Europe & Central Asia, which is 5.65 billion current US$, 37% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 108.97 million current US$ | 49.64 million current US$ | 201.22 million current US$ | 7 |
| 2000s | 543.60 million current US$ | 198.78 million current US$ | 1.40 billion current US$ | 10 |
| 2010s | 1.39 billion current US$ | 997.85 million current US$ | 1.90 billion current US$ | 10 |
| 2020s | 1.87 billion current US$ | 1.65 billion current US$ | 2.08 billion current US$ | 2 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Azerbaijan?
- Adjusted savings: education expenditure in Azerbaijan was 2.08 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Azerbaijan?
- The highest recorded value was 2.08 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Azerbaijan?
- The lowest recorded value was 49.64 million current US$ in 1994.
- How does Azerbaijan rank for adjusted savings: education expenditure?
- Azerbaijan ranks 86th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Azerbaijan?
- Over the last ten years it is up 32.5%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan 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.