Adjusted savings: education expenditure in Hong Kong
Hong Kong: Adjusted savings: education expenditure was 11.19 billion current US$ in 2021. ◆ Volatile
Latest (2021)
11.19 billion current US$
Change on year
up 8.4%
World rank
44th
of 195 countries
All-time high
11.19 billion current US$
in 2021
All-time low
79.48 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Hong Kong, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Hong Kong is 11.19 billion current US$, measured in 2021. That is the highest value across all 52 years on record.
The figure is up 8.4% on the previous year and up 56.6% over ten years.
Over the whole period, adjusted savings: education expenditure in Hong Kong peaked at 11.19 billion current US$ in 2021 and was at its lowest, 79.48 million current US$, in 1970.
That places Hong Kong 44th out of 195 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Hong Kong, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 79.48 million current US$ | — |
| 1971 | 91.21 million current US$ | +14.8% |
| 1972 | 110.43 million current US$ | +21.1% |
| 1973 | 156.57 million current US$ | +41.8% |
| 1974 | 199.10 million current US$ | +27.2% |
| 1975 | 217.63 million current US$ | +9.3% |
| 1976 | 286.91 million current US$ | +31.8% |
| 1977 | 326.67 million current US$ | +13.9% |
| 1978 | 382.40 million current US$ | +17.1% |
| 1979 | 461.18 million current US$ | +20.6% |
| 1980 | 549.33 million current US$ | +19.1% |
| 1981 | 616.77 million current US$ | +12.3% |
| 1982 | 491.99 million current US$ | -20.2% |
| 1983 | 684.79 million current US$ | +39.2% |
| 1984 | 779.95 million current US$ | +13.9% |
| 1985 | 804.41 million current US$ | +3.1% |
| 1986 | 930.96 million current US$ | +15.7% |
| 1987 | 1.15 billion current US$ | +23.1% |
| 1988 | 1.35 billion current US$ | +18.2% |
| 1989 | 1.50 billion current US$ | +10.8% |
| 1990 | 1.67 billion current US$ | +11.3% |
| 1991 | 2.37 billion current US$ | +41.8% |
| 1992 | 2.47 billion current US$ | +4.2% |
| 1993 | 3.21 billion current US$ | +30.0% |
| 1994 | 3.61 billion current US$ | +12.5% |
| 1995 | 4.04 billion current US$ | +12.1% |
| 1996 | 4.16 billion current US$ | +2.9% |
| 1997 | 4.91 billion current US$ | +18.1% |
| 1998 | 5.30 billion current US$ | +7.8% |
| 1999 | 5.32 billion current US$ | +0.5% |
| 2000 | 5.57 billion current US$ | +4.6% |
| 2001 | 5.70 billion current US$ | +2.4% |
| 2002 | 5.92 billion current US$ | +3.8% |
| 2003 | 5.94 billion current US$ | +0.4% |
| 2004 | 6.35 billion current US$ | +6.9% |
| 2005 | 6.22 billion current US$ | -2.1% |
| 2006 | 6.10 billion current US$ | -1.9% |
| 2007 | 6.29 billion current US$ | +3.0% |
| 2008 | 6.21 billion current US$ | -1.2% |
| 2009 | 6.25 billion current US$ | +0.6% |
| 2010 | 7.01 billion current US$ | +12.1% |
| 2011 | 7.15 billion current US$ | +2.0% |
| 2012 | 7.54 billion current US$ | +5.5% |
| 2013 | 7.95 billion current US$ | +5.4% |
| 2014 | 8.42 billion current US$ | +5.9% |
| 2015 | 8.92 billion current US$ | +5.9% |
| 2016 | 9.31 billion current US$ | +4.4% |
| 2017 | 10.08 billion current US$ | +8.3% |
| 2018 | 10.72 billion current US$ | +6.4% |
| 2019 | 10.79 billion current US$ | +0.7% |
| 2020 | 10.33 billion current US$ | -4.3% |
| 2021 | 11.19 billion current US$ | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 231.16 million current US$ | 79.48 million current US$ | 461.18 million current US$ | 10 |
| 1980s | 886.01 million current US$ | 491.99 million current US$ | 1.50 billion current US$ | 10 |
| 1990s | 3.71 billion current US$ | 1.67 billion current US$ | 5.32 billion current US$ | 10 |
| 2000s | 6.06 billion current US$ | 5.57 billion current US$ | 6.35 billion current US$ | 10 |
| 2010s | 8.79 billion current US$ | 7.01 billion current US$ | 10.79 billion current US$ | 10 |
| 2020s | 10.76 billion current US$ | 10.33 billion current US$ | 11.19 billion current US$ | 2 |
Countries ranked near Hong Kong
- 41 Iran, Islamic Republic of 12.01 billion current US$ compare
- 42 Czechia 11.58 billion current US$ compare
- 43 Portugal 11.50 billion current US$ compare
- 45 United Arab Emirates 10.02 billion current US$ compare
- 46 Ukraine 9.79 billion current US$ compare
- 47 Singapore 9.64 billion current US$ compare
More economy & growth data for Hong Kong
- Services, value added (current US$), annual growth rate 7.27 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.9145 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 49,636 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.92 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 7.14 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 387,350 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.21 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.7355 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 41,910 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 383,758 constant LCU per person (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Hong Kong?
- Adjusted savings: education expenditure in Hong Kong was 11.19 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Hong Kong?
- The highest recorded value was 11.19 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Hong Kong?
- The lowest recorded value was 79.48 million current US$ in 1970.
- How does Hong Kong rank for adjusted savings: education expenditure?
- Hong Kong ranks 44th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Hong Kong?
- Over the last ten years it is up 56.6%. The long-run trend across the full record is volatile.
- Where does this Hong Kong 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.