Adjusted savings: education expenditure in Colombia
Colombia: Adjusted savings: education expenditure was 13.34 billion current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Colombia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Colombia is 13.34 billion current US$, measured in 2021.
That represents a change of up 15.5% on the previous year and up 27.6% over ten years.
Over the whole period, adjusted savings: education expenditure in Colombia peaked at 13.54 billion current US$ in 2013 and was at its lowest, 122.19 million current US$, in 1970.
That places Colombia 39th out of 195 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 244.30 million current US$ | 122.19 million current US$ | 470.04 million current US$ | 10 |
| 1980s | 934.50 million current US$ | 563.64 million current US$ | 1.09 billion current US$ | 10 |
| 1990s | 2.16 billion current US$ | 1.04 billion current US$ | 3.23 billion current US$ | 10 |
| 2000s | 5.64 billion current US$ | 3.59 billion current US$ | 8.84 billion current US$ | 10 |
| 2010s | 11.48 billion current US$ | 9.81 billion current US$ | 13.54 billion current US$ | 10 |
| 2020s | 12.45 billion current US$ | 11.55 billion current US$ | 13.34 billion current US$ | 2 |
Countries ranked near Colombia
More economy & growth data for Colombia
- External balance on goods and services as a percent of GDP -5.4% (2025)
- Inflation of consumer prices 5.1% (2025)
- GDP per capita 6,976 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.9% (2025)
- Gross domestic product (GDP) 372.67 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,976 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,053 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 65.68 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 16.20 billion current US$ (2025)
- Taxes less subsidies on products 181.46 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Colombia?
- Adjusted savings: education expenditure in Colombia was 13.34 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Colombia?
- The highest recorded value was 13.54 billion current US$ in 2013.
- What is the lowest adjusted savings: education expenditure recorded in Colombia?
- The lowest recorded value was 122.19 million current US$ in 1970.
- How does Colombia rank for adjusted savings: education expenditure?
- Colombia ranks 39th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Colombia?
- Over the last ten years it is up 27.6%. The long-run trend across the full record is volatile.
- Where does this Colombia 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.