Adjusted savings: education expenditure in Cyprus
Cyprus: Adjusted savings: education expenditure was 1.39 billion current US$ in 2021. ◆ Volatile
Latest (2021)
1.39 billion current US$
Change on year
up 11.9%
World rank
95th
of 195 countries
All-time high
1.69 billion current US$
in 2011
All-time low
19.66 million current US$
in 1976
Years of data
46
1976–2021
Adjusted savings: education expenditure in Cyprus, 1976–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Cyprus recorded 1.39 billion current US$ for adjusted savings: education expenditure in 2021.
Compared with earlier readings it is up 11.9% on the previous year and down 17.2% over ten years.
Over the whole period, adjusted savings: education expenditure in Cyprus peaked at 1.69 billion current US$ in 2011 and was at its lowest, 19.66 million current US$, in 1976.
That places Cyprus 95th out of 195 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Cyprus, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 19.66 million current US$ | — |
| 1977 | 21.56 million current US$ | +9.7% |
| 1978 | 28.27 million current US$ | +31.1% |
| 1979 | 38.97 million current US$ | +37.9% |
| 1980 | 69.58 million current US$ | +78.6% |
| 1981 | 73.63 million current US$ | +5.8% |
| 1982 | 76.10 million current US$ | +3.4% |
| 1983 | 77.77 million current US$ | +2.2% |
| 1984 | 77.55 million current US$ | -0.3% |
| 1985 | 82.80 million current US$ | +6.8% |
| 1986 | 100.84 million current US$ | +21.8% |
| 1987 | 121.04 million current US$ | +20.0% |
| 1988 | 135.56 million current US$ | +12.0% |
| 1989 | 145.03 million current US$ | +7.0% |
| 1990 | 172.27 million current US$ | +18.8% |
| 1991 | 189.34 million current US$ | +9.9% |
| 1992 | 240.32 million current US$ | +26.9% |
| 1993 | 242.40 million current US$ | +0.9% |
| 1994 | 272.81 million current US$ | +12.5% |
| 1995 | 358.39 million current US$ | +31.4% |
| 1996 | 441.77 million current US$ | +23.3% |
| 1997 | 418.44 million current US$ | -5.3% |
| 1998 | 490.88 million current US$ | +17.3% |
| 1999 | 434.40 million current US$ | -11.5% |
| 2000 | 457.37 million current US$ | +5.3% |
| 2001 | 485.69 million current US$ | +6.2% |
| 2002 | 567.55 million current US$ | +16.9% |
| 2003 | 854.01 million current US$ | +50.5% |
| 2004 | 970.95 million current US$ | +13.7% |
| 2005 | 1.03 billion current US$ | +6.4% |
| 2006 | 1.15 billion current US$ | +11.3% |
| 2007 | 1.38 billion current US$ | +19.7% |
| 2008 | 1.65 billion current US$ | +20.3% |
| 2009 | 1.65 billion current US$ | -0.5% |
| 2010 | 1.58 billion current US$ | -3.9% |
| 2011 | 1.69 billion current US$ | +6.5% |
| 2012 | 1.53 billion current US$ | -9.4% |
| 2013 | 1.50 billion current US$ | -1.8% |
| 2014 | 1.45 billion current US$ | -2.9% |
| 2015 | 1.21 billion current US$ | -17.0% |
| 2016 | 1.21 billion current US$ | +0.6% |
| 2017 | 1.21 billion current US$ | -0.3% |
| 2018 | 1.33 billion current US$ | +10.0% |
| 2019 | 1.32 billion current US$ | -1.2% |
| 2020 | 1.25 billion current US$ | -5.3% |
| 2021 | 1.39 billion current US$ | +11.9% |
Cyprus compared with similar countries
- Cyprus's 1.39 billion current US$ is below the median for high income countries, which is 5.34 billion current US$, 26% of the median. (69 countries reporting)
- Cyprus's 1.39 billion current US$ is below the median for Europe & Central Asia, which is 5.65 billion current US$, 25% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.11 million current US$ | 19.66 million current US$ | 38.97 million current US$ | 4 |
| 1980s | 95.99 million current US$ | 69.58 million current US$ | 145.03 million current US$ | 10 |
| 1990s | 326.10 million current US$ | 172.27 million current US$ | 490.88 million current US$ | 10 |
| 2000s | 1.02 billion current US$ | 457.37 million current US$ | 1.65 billion current US$ | 10 |
| 2010s | 1.40 billion current US$ | 1.21 billion current US$ | 1.69 billion current US$ | 10 |
| 2020s | 1.32 billion current US$ | 1.25 billion current US$ | 1.39 billion current US$ | 2 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Cyprus?
- Adjusted savings: education expenditure in Cyprus was 1.39 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Cyprus?
- The highest recorded value was 1.69 billion current US$ in 2011.
- What is the lowest adjusted savings: education expenditure recorded in Cyprus?
- The lowest recorded value was 19.66 million current US$ in 1976.
- How does Cyprus rank for adjusted savings: education expenditure?
- Cyprus ranks 95th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Cyprus?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Cyprus 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.