Adjusted savings: education expenditure in Grenada
Grenada: Adjusted savings: education expenditure was 39.63 million current US$ in 2021. ◆ Volatile
Latest (2021)
39.63 million current US$
Change on year
up 8.8%
World rank
178th
of 195 countries
All-time high
41.16 million current US$
in 2019
All-time low
3.51 million current US$
in 1977
Years of data
45
1977–2021
Adjusted savings: education expenditure in Grenada, 1977–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Grenada recorded 39.63 million current US$ for adjusted savings: education expenditure in 2021.
The figure is up 8.8% on the previous year and up 41.5% over ten years.
Over the whole period, adjusted savings: education expenditure in Grenada peaked at 41.16 million current US$ in 2019 and was at its lowest, 3.51 million current US$, in 1977.
Grenada ranks 178th of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Grenada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 3.51 million current US$ | — |
| 1978 | 4.26 million current US$ | +21.2% |
| 1979 | 4.97 million current US$ | +16.7% |
| 1980 | 5.41 million current US$ | +8.9% |
| 1981 | 5.56 million current US$ | +2.7% |
| 1982 | 6.07 million current US$ | +9.3% |
| 1983 | 6.48 million current US$ | +6.8% |
| 1984 | 7.22 million current US$ | +11.3% |
| 1985 | 8.40 million current US$ | +16.4% |
| 1986 | 9.48 million current US$ | +12.9% |
| 1987 | 10.93 million current US$ | +15.3% |
| 1988 | 12.16 million current US$ | +11.2% |
| 1989 | 13.72 million current US$ | +12.9% |
| 1990 | 14.27 million current US$ | +4.0% |
| 1991 | 15.87 million current US$ | +11.2% |
| 1992 | 16.46 million current US$ | +3.7% |
| 1993 | 16.27 million current US$ | -1.1% |
| 1994 | 17.08 million current US$ | +5.0% |
| 1995 | 17.75 million current US$ | +3.9% |
| 1996 | 18.98 million current US$ | +6.9% |
| 1997 | 20.26 million current US$ | +6.8% |
| 1998 | 22.82 million current US$ | +12.6% |
| 1999 | 23.10 million current US$ | +1.2% |
| 2000 | 23.05 million current US$ | -0.2% |
| 2001 | 21.12 million current US$ | -8.4% |
| 2002 | 20.10 million current US$ | -4.8% |
| 2003 | 20.27 million current US$ | +0.8% |
| 2004 | 20.02 million current US$ | -1.2% |
| 2005 | 25.02 million current US$ | +25.0% |
| 2006 | 25.12 million current US$ | +0.4% |
| 2007 | 26.91 million current US$ | +7.1% |
| 2008 | 29.37 million current US$ | +9.2% |
| 2009 | 26.56 million current US$ | -9.6% |
| 2010 | 27.42 million current US$ | +3.2% |
| 2011 | 28.01 million current US$ | +2.2% |
| 2012 | 28.71 million current US$ | +2.5% |
| 2013 | 30.64 million current US$ | +6.7% |
| 2014 | 31.08 million current US$ | +1.4% |
| 2015 | 33.00 million current US$ | +6.2% |
| 2016 | 36.17 million current US$ | +9.6% |
| 2017 | 37.65 million current US$ | +4.1% |
| 2018 | 39.45 million current US$ | +4.8% |
| 2019 | 41.16 million current US$ | +4.3% |
| 2020 | 36.41 million current US$ | -11.5% |
| 2021 | 39.63 million current US$ | +8.8% |
Grenada compared with similar countries
- Grenada's 39.63 million current US$ is below the median for upper middle income countries, which is 1.29 billion current US$, 3% of the median. (55 countries reporting)
- Grenada's 39.63 million current US$ is below the median for Latin America & Caribbean, which is 967.45 million current US$, 4% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.24 million current US$ | 3.51 million current US$ | 4.97 million current US$ | 3 |
| 1980s | 8.54 million current US$ | 5.41 million current US$ | 13.72 million current US$ | 10 |
| 1990s | 18.29 million current US$ | 14.27 million current US$ | 23.10 million current US$ | 10 |
| 2000s | 23.76 million current US$ | 20.02 million current US$ | 29.37 million current US$ | 10 |
| 2010s | 33.33 million current US$ | 27.42 million current US$ | 41.16 million current US$ | 10 |
| 2020s | 38.02 million current US$ | 36.41 million current US$ | 39.63 million current US$ | 2 |
Countries ranked near Grenada
- 175 Saint Lucia 53.73 million current US$ compare
- 176 Gambia 52.86 million current US$ compare
- 177 Saint Vincent and the Grenadines 46.53 million current US$ compare
- 179 Marshall Islands 37.41 million current US$ compare
- 180 Samoa 35.13 million current US$ compare
- 181 Eritrea 35.11 million current US$ compare
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -3.62 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -30.86 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 170.66 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,455 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Grenada?
- Adjusted savings: education expenditure in Grenada was 39.63 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Grenada?
- The highest recorded value was 41.16 million current US$ in 2019.
- What is the lowest adjusted savings: education expenditure recorded in Grenada?
- The lowest recorded value was 3.51 million current US$ in 1977.
- How does Grenada rank for adjusted savings: education expenditure?
- Grenada ranks 178th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Grenada?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is volatile.
- Where does this Grenada 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.