Adjusted savings: education expenditure in Greece

Greece: Adjusted savings: education expenditure was 6.70 billion current US$ in 2021. ▼ Falling

Latest (2021)
6.70 billion current US$
Change on year
up 13.8%
World rank
56th
of 195 countries
All-time high
10.75 billion current US$
in 2008
All-time low
5.89 billion current US$
in 2020
Years of data
16
2006–2021

Adjusted savings: education expenditure in Greece, 2006–2021

02.5B5.0B7.5B10.0B2006201320212006: 8.3B current US$2007: 9.7B current US$2008: 10.7B current US$2009: 10.1B current US$2010: 9.1B current US$2011: 8.6B current US$2012: 7.6B current US$2013: 7.5B current US$2014: 7.4B current US$2015: 6.1B current US$2016: 6.8B current US$2017: 6.1B current US$2018: 6.7B current US$2019: 6.4B current US$2020: 5.9B current US$2021: 6.7B current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 53 Algeria 7.12 billion current US$ compare
  2. 54 Pakistan 6.97 billion current US$ compare
  3. 55 Hungary 6.85 billion current US$ compare
  4. 57 Puerto Rico 6.35 billion current US$ compare
  5. 58 Bangladesh 5.90 billion current US$ compare
  6. 59 Kazakhstan 5.65 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Greece

All data for Greece →

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.

Download this data

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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.