Adjusted savings: education expenditure in Estonia
Estonia: Adjusted savings: education expenditure was 1.74 billion current US$ in 2021. ▲ Rising
Adjusted savings: education expenditure in Estonia, 2000–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Estonia is 1.74 billion current US$, measured in 2021. That is the highest value across all 22 years on record.
The figure is up 17.8% on the previous year and up 65.6% over ten years.
Over the whole period, adjusted savings: education expenditure in Estonia peaked at 1.74 billion current US$ in 2021 and was at its lowest, 271.95 million current US$, in 2000.
That places Estonia 89th out of 195 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Adjusted savings: education expenditure in Estonia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 271.95 million current US$ | — |
| 2001 | 279.83 million current US$ | +2.9% |
| 2002 | 344.75 million current US$ | +23.2% |
| 2003 | 470.65 million current US$ | +36.5% |
| 2004 | 536.57 million current US$ | +14.0% |
| 2005 | 616.36 million current US$ | +14.9% |
| 2006 | 710.03 million current US$ | +15.2% |
| 2007 | 880.03 million current US$ | +23.9% |
| 2008 | 1.24 billion current US$ | +40.5% |
| 2009 | 991.71 million current US$ | -19.8% |
| 2010 | 1.00 billion current US$ | +1.2% |
| 2011 | 1.05 billion current US$ | +4.7% |
| 2012 | 959.78 million current US$ | -8.7% |
| 2013 | 1.05 billion current US$ | +9.8% |
| 2014 | 1.06 billion current US$ | +0.8% |
| 2015 | 1.08 billion current US$ | +1.6% |
| 2016 | 1.15 billion current US$ | +6.9% |
| 2017 | 1.21 billion current US$ | +5.3% |
| 2018 | 1.42 billion current US$ | +16.6% |
| 2019 | 1.45 billion current US$ | +2.5% |
| 2020 | 1.48 billion current US$ | +1.7% |
| 2021 | 1.74 billion current US$ | +17.8% |
Estonia compared with similar countries
- Estonia's 1.74 billion current US$ is below the median for high income countries, which is 5.34 billion current US$, 33% of the median. (69 countries reporting)
- Estonia's 1.74 billion current US$ is below the median for Europe & Central Asia, which is 5.65 billion current US$, 31% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 633.84 million current US$ | 271.95 million current US$ | 1.24 billion current US$ | 10 |
| 2010s | 1.14 billion current US$ | 959.78 million current US$ | 1.45 billion current US$ | 10 |
| 2020s | 1.61 billion current US$ | 1.48 billion current US$ | 1.74 billion current US$ | 2 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Foreign direct investment, net outflows (BoP, current US$), gaps -24.28 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -17.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -838.20 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 75.62 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0178 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -613.4 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 17.56 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.0519 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,785 includes gold, current US$ per person (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Estonia?
- Adjusted savings: education expenditure in Estonia was 1.74 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Estonia?
- The highest recorded value was 1.74 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Estonia?
- The lowest recorded value was 271.95 million current US$ in 2000.
- How does Estonia rank for adjusted savings: education expenditure?
- Estonia ranks 89th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Estonia?
- Over the last ten years it is up 65.6%. The long-run trend across the full record is rising.
- Where does this Estonia 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.