Adjusted savings: education expenditure in Italy
Italy: Adjusted savings: education expenditure was 82.64 billion current US$ in 2021. ◆ Volatile
Latest (2021)
82.64 billion current US$
Change on year
up 11.7%
World rank
10th
of 195 countries
All-time high
100.48 billion current US$
in 2008
All-time low
3.77 billion current US$
in 1971
Years of data
52
1970–2021
Adjusted savings: education expenditure in Italy, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Italy recorded 82.64 billion current US$ for adjusted savings: education expenditure in 2021.
The figure is up 11.7% on the previous year and down 8.1% over ten years.
Over the whole period, adjusted savings: education expenditure in Italy peaked at 100.48 billion current US$ in 2008 and was at its lowest, 3.77 billion current US$, in 1971.
That places Italy 10th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Italy, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 3.89 billion current US$ | — |
| 1971 | 3.77 billion current US$ | -3.0% |
| 1972 | 4.25 billion current US$ | +12.7% |
| 1973 | 5.48 billion current US$ | +28.8% |
| 1974 | 7.19 billion current US$ | +31.3% |
| 1975 | 7.76 billion current US$ | +7.9% |
| 1976 | 8.10 billion current US$ | +4.4% |
| 1977 | 9.17 billion current US$ | +13.2% |
| 1978 | 11.06 billion current US$ | +20.6% |
| 1979 | 14.65 billion current US$ | +32.4% |
| 1980 | 18.49 billion current US$ | +26.2% |
| 1981 | 17.21 billion current US$ | -6.9% |
| 1982 | 17.69 billion current US$ | +2.8% |
| 1983 | 19.03 billion current US$ | +7.6% |
| 1984 | 19.68 billion current US$ | +3.4% |
| 1985 | 20.30 billion current US$ | +3.1% |
| 1986 | 28.03 billion current US$ | +38.1% |
| 1987 | 36.71 billion current US$ | +31.0% |
| 1988 | 40.01 billion current US$ | +9.0% |
| 1989 | 35.12 billion current US$ | -12.2% |
| 1990 | 35.00 billion current US$ | -0.3% |
| 1991 | 35.62 billion current US$ | +1.8% |
| 1992 | 52.00 billion current US$ | +46.0% |
| 1993 | 49.35 billion current US$ | -5.1% |
| 1994 | 48.70 billion current US$ | -1.3% |
| 1995 | 51.06 billion current US$ | +4.8% |
| 1996 | 58.49 billion current US$ | +14.6% |
| 1997 | 56.12 billion current US$ | -4.1% |
| 1998 | 52.87 billion current US$ | -5.8% |
| 1999 | 53.25 billion current US$ | +0.7% |
| 2000 | 46.38 billion current US$ | -12.9% |
| 2001 | 51.47 billion current US$ | +11.0% |
| 2002 | 53.00 billion current US$ | +3.0% |
| 2003 | 67.20 billion current US$ | +26.8% |
| 2004 | 75.21 billion current US$ | +11.9% |
| 2005 | 74.07 billion current US$ | -1.5% |
| 2006 | 83.97 billion current US$ | +13.4% |
| 2007 | 86.82 billion current US$ | +3.4% |
| 2008 | 100.48 billion current US$ | +15.7% |
| 2009 | 94.32 billion current US$ | -6.1% |
| 2010 | 87.82 billion current US$ | -6.9% |
| 2011 | 89.97 billion current US$ | +2.4% |
| 2012 | 81.18 billion current US$ | -9.8% |
| 2013 | 83.93 billion current US$ | +3.4% |
| 2014 | 83.56 billion current US$ | -0.4% |
| 2015 | 71.09 billion current US$ | -14.9% |
| 2016 | 69.08 billion current US$ | -2.8% |
| 2017 | 77.74 billion current US$ | +12.5% |
| 2018 | 86.56 billion current US$ | +11.3% |
| 2019 | 78.13 billion current US$ | -9.7% |
| 2020 | 73.98 billion current US$ | -5.3% |
| 2021 | 82.64 billion current US$ | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.53 billion current US$ | 3.77 billion current US$ | 14.65 billion current US$ | 10 |
| 1980s | 25.23 billion current US$ | 17.21 billion current US$ | 40.01 billion current US$ | 10 |
| 1990s | 49.24 billion current US$ | 35.00 billion current US$ | 58.49 billion current US$ | 10 |
| 2000s | 73.29 billion current US$ | 46.38 billion current US$ | 100.48 billion current US$ | 10 |
| 2010s | 80.91 billion current US$ | 69.08 billion current US$ | 89.97 billion current US$ | 10 |
| 2020s | 78.31 billion current US$ | 73.98 billion current US$ | 82.64 billion current US$ | 2 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 154.2 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 8.93 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1078 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 4,669 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 4.34 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0954 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 4,132 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0004 (1998)
Frequently asked questions
- What is adjusted savings: education expenditure in Italy?
- Adjusted savings: education expenditure in Italy was 82.64 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Italy?
- The highest recorded value was 100.48 billion current US$ in 2008.
- What is the lowest adjusted savings: education expenditure recorded in Italy?
- The lowest recorded value was 3.77 billion current US$ in 1971.
- How does Italy rank for adjusted savings: education expenditure?
- Italy ranks 10th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Italy?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is volatile.
- Where does this Italy 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.