Adjusted savings: education expenditure in Greece
Greece: Adjusted savings: education expenditure was 6.70 billion current US$ in 2021. ▼ Falling
Adjusted savings: education expenditure in Greece, 2006–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Greece stood at 6.70 billion current US$.
That represents a change of up 13.8% on the previous year and down 22.1% over ten years.
Over the whole period, adjusted savings: education expenditure in Greece peaked at 10.75 billion current US$ in 2008 and was at its lowest, 5.89 billion current US$, in 2020.
That places Greece 56th out of 195 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Adjusted savings: education expenditure in Greece, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 8.33 billion current US$ | — |
| 2007 | 9.66 billion current US$ | +15.9% |
| 2008 | 10.75 billion current US$ | +11.3% |
| 2009 | 10.09 billion current US$ | -6.1% |
| 2010 | 9.06 billion current US$ | -10.2% |
| 2011 | 8.59 billion current US$ | -5.2% |
| 2012 | 7.63 billion current US$ | -11.2% |
| 2013 | 7.48 billion current US$ | -2.0% |
| 2014 | 7.43 billion current US$ | -0.7% |
| 2015 | 6.14 billion current US$ | -17.4% |
| 2016 | 6.76 billion current US$ | +10.1% |
| 2017 | 6.12 billion current US$ | -9.4% |
| 2018 | 6.73 billion current US$ | +9.9% |
| 2019 | 6.37 billion current US$ | -5.3% |
| 2020 | 5.89 billion current US$ | -7.6% |
| 2021 | 6.70 billion current US$ | +13.8% |
Greece compared with similar countries
- Greece's 6.70 billion current US$ is above the median for high income countries, which is 5.34 billion current US$, 1.3× the median. (69 countries reporting)
- Greece's 6.70 billion current US$ is above the median for Europe & Central Asia, which is 5.65 billion current US$, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.71 billion current US$ | 8.33 billion current US$ | 10.75 billion current US$ | 4 |
| 2010s | 7.23 billion current US$ | 6.12 billion current US$ | 9.06 billion current US$ | 10 |
| 2020s | 6.29 billion current US$ | 5.89 billion current US$ | 6.70 billion current US$ | 2 |
Countries ranked near Greece
- 53 Algeria 7.12 billion current US$ compare
- 54 Pakistan 6.97 billion current US$ compare
- 55 Hungary 6.85 billion current US$ compare
- 57 Puerto Rico 6.35 billion current US$ compare
- 58 Bangladesh 5.90 billion current US$ compare
- 59 Kazakhstan 5.65 billion current US$ compare
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Greece?
- Adjusted savings: education expenditure in Greece was 6.70 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Greece?
- The highest recorded value was 10.75 billion current US$ in 2008.
- What is the lowest adjusted savings: education expenditure recorded in Greece?
- The lowest recorded value was 5.89 billion current US$ in 2020.
- How does Greece rank for adjusted savings: education expenditure?
- Greece ranks 56th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Greece?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is falling.
- Where does this Greece 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.