Adjusted savings: education expenditure in Israel

Israel: Adjusted savings: education expenditure was 26.73 billion current US$ in 2021. ◆ Volatile

Latest (2021)
26.73 billion current US$
Change on year
up 17.5%
World rank
26th
of 195 countries
All-time high
26.73 billion current US$
in 2021
All-time low
418.31 million current US$
in 1971
Years of data
52
1970–2021

Adjusted savings: education expenditure in Israel, 1970–2021

010.0B20.0B30.0B197019952021

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Israel recorded 26.73 billion current US$ for adjusted savings: education expenditure in 2021. That is the highest value across all 52 years on record.

That represents a change of up 17.5% on the previous year and up 89.0% over ten years.

Over the whole period, adjusted savings: education expenditure in Israel peaked at 26.73 billion current US$ in 2021 and was at its lowest, 418.31 million current US$, in 1971.

Israel ranks 26th of 195 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 872.70 million current US$ 418.31 million current US$ 1.60 billion current US$ 10
1980s 2.27 billion current US$ 1.91 billion current US$ 3.05 billion current US$ 10
1990s 6.03 billion current US$ 3.39 billion current US$ 7.86 billion current US$ 10
2000s 8.91 billion current US$ 7.64 billion current US$ 11.66 billion current US$ 10
2010s 16.80 billion current US$ 12.52 billion current US$ 22.23 billion current US$ 10
2020s 24.74 billion current US$ 22.75 billion current US$ 26.73 billion current US$ 2

Countries ranked near Israel

  1. 23 Turkey 33.22 billion current US$ compare
  2. 24 Venezuela 31.19 billion current US$ compare
  3. 25 Poland 29.34 billion current US$ compare
  4. 27 South Africa 26.70 billion current US$ compare
  5. 28 Denmark 25.72 billion current US$ compare
  6. 29 Argentina 24.06 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is adjusted savings: education expenditure in Israel?
Adjusted savings: education expenditure in Israel was 26.73 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Israel?
The highest recorded value was 26.73 billion current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in Israel?
The lowest recorded value was 418.31 million current US$ in 1971.
How does Israel rank for adjusted savings: education expenditure?
Israel ranks 26th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Israel?
Over the last ten years it is up 89.0%. The long-run trend across the full record is volatile.
Where does this Israel 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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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.