Adjusted savings: education expenditure in Colombia

Colombia: Adjusted savings: education expenditure was 13.34 billion current US$ in 2021. ◆ Volatile

Latest (2021)
13.34 billion current US$
Change on year
up 15.5%
World rank
39th
of 195 countries
All-time high
13.54 billion current US$
in 2013
All-time low
122.19 million current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: education expenditure in Colombia, 1970–2021

05.0B10.0B15.0B197019952021

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

DecadeAverage LowestHighest 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

  1. 36 Vietnam 15.88 billion current US$ compare
  2. 38 Malaysia 14.10 billion current US$ compare
  3. 40 Cuba 13.25 billion current US$ compare
  4. 41 Iran 12.01 billion current US$ compare
  5. 42 Czechia 11.58 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Colombia

All data for Colombia →

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

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.