Adjusted savings: education expenditure in India
India: Adjusted savings: education expenditure was 96.31 billion current US$ in 2021. ◆ Volatile
Latest (2021)
96.31 billion current US$
Change on year
up 18.8%
World rank
7th
of 195 countries
All-time high
96.31 billion current US$
in 2021
All-time low
1.47 billion current US$
in 1971
Years of data
52
1970–2021
Adjusted savings: education expenditure in India, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in India stood at 96.31 billion current US$. That is the highest value across all 52 years on record.
The figure is up 18.8% on the previous year and up 73.0% over ten years.
Over the whole period, adjusted savings: education expenditure in India peaked at 96.31 billion current US$ in 2021 and was at its lowest, 1.47 billion current US$, in 1971.
That places India 7th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in India, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.53 billion current US$ | — |
| 1971 | 1.47 billion current US$ | -3.7% |
| 1972 | 1.71 billion current US$ | +15.8% |
| 1973 | 2.04 billion current US$ | +19.7% |
| 1974 | 2.54 billion current US$ | +24.3% |
| 1975 | 2.16 billion current US$ | -15.0% |
| 1976 | 2.46 billion current US$ | +13.8% |
| 1977 | 3.03 billion current US$ | +23.2% |
| 1978 | 3.43 billion current US$ | +13.1% |
| 1979 | 3.98 billion current US$ | +16.2% |
| 1980 | 4.86 billion current US$ | +21.9% |
| 1981 | 5.03 billion current US$ | +3.6% |
| 1982 | 6.10 billion current US$ | +21.3% |
| 1983 | 6.85 billion current US$ | +12.3% |
| 1984 | 5.70 billion current US$ | -16.9% |
| 1985 | 6.71 billion current US$ | +17.8% |
| 1986 | 7.43 billion current US$ | +10.7% |
| 1987 | 8.03 billion current US$ | +8.2% |
| 1988 | 7.92 billion current US$ | -1.4% |
| 1989 | 9.66 billion current US$ | +21.9% |
| 1990 | 11.09 billion current US$ | +14.8% |
| 1991 | 9.04 billion current US$ | -18.4% |
| 1992 | 9.37 billion current US$ | +3.6% |
| 1993 | 8.81 billion current US$ | -5.9% |
| 1994 | 10.02 billion current US$ | +13.6% |
| 1995 | 11.04 billion current US$ | +10.3% |
| 1996 | 11.29 billion current US$ | +2.2% |
| 1997 | 11.96 billion current US$ | +5.9% |
| 1998 | 15.75 billion current US$ | +31.7% |
| 1999 | 19.53 billion current US$ | +24.0% |
| 2000 | 19.47 billion current US$ | -0.3% |
| 2001 | 19.05 billion current US$ | -2.1% |
| 2002 | 19.01 billion current US$ | -0.2% |
| 2003 | 20.96 billion current US$ | +10.2% |
| 2004 | 22.68 billion current US$ | +8.2% |
| 2005 | 25.49 billion current US$ | +12.4% |
| 2006 | 28.73 billion current US$ | +12.7% |
| 2007 | 37.32 billion current US$ | +29.9% |
| 2008 | 36.71 billion current US$ | -1.6% |
| 2009 | 41.08 billion current US$ | +11.9% |
| 2010 | 51.06 billion current US$ | +24.3% |
| 2011 | 55.66 billion current US$ | +9.0% |
| 2012 | 55.63 billion current US$ | -0.0% |
| 2013 | 56.47 billion current US$ | +1.5% |
| 2014 | 62.06 billion current US$ | +9.9% |
| 2015 | 64.04 billion current US$ | +3.2% |
| 2016 | 69.24 billion current US$ | +8.1% |
| 2017 | 80.78 billion current US$ | +16.7% |
| 2018 | 82.36 billion current US$ | +2.0% |
| 2019 | 86.37 billion current US$ | +4.9% |
| 2020 | 81.06 billion current US$ | -6.2% |
| 2021 | 96.31 billion current US$ | +18.8% |
India compared with similar countries
- India's 96.31 billion current US$ is above the median for lower middle income countries, which is 720.82 million current US$, 133.6× the median. (47 countries reporting)
- India's 96.31 billion current US$ is above the median for South Asia, which is 1.24 billion current US$, 77.8× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.44 billion current US$ | 1.47 billion current US$ | 3.98 billion current US$ | 10 |
| 1980s | 6.83 billion current US$ | 4.86 billion current US$ | 9.66 billion current US$ | 10 |
| 1990s | 11.79 billion current US$ | 8.81 billion current US$ | 19.53 billion current US$ | 10 |
| 2000s | 27.05 billion current US$ | 19.01 billion current US$ | 41.08 billion current US$ | 10 |
| 2010s | 66.37 billion current US$ | 51.06 billion current US$ | 86.37 billion current US$ | 10 |
| 2020s | 88.68 billion current US$ | 81.06 billion current US$ | 96.31 billion current US$ | 2 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in India?
- Adjusted savings: education expenditure in India was 96.31 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in India?
- The highest recorded value was 96.31 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in India?
- The lowest recorded value was 1.47 billion current US$ in 1971.
- How does India rank for adjusted savings: education expenditure?
- India ranks 7th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in India?
- Over the last ten years it is up 73.0%. The long-run trend across the full record is volatile.
- Where does this India 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.