Adjusted savings: education expenditure in Luxembourg
Luxembourg: Adjusted savings: education expenditure was 2.93 billion current US$ in 2021. ◆ Volatile
Latest (2021)
2.93 billion current US$
Change on year
up 16.8%
World rank
72nd
of 195 countries
All-time high
2.93 billion current US$
in 2021
All-time low
27.48 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Luxembourg, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Luxembourg stood at 2.93 billion current US$. That is the highest value across all 52 years on record.
That represents a change of up 16.8% on the previous year and up 56.6% over ten years.
Over the whole period, adjusted savings: education expenditure in Luxembourg peaked at 2.93 billion current US$ in 2021 and was at its lowest, 27.48 million current US$, in 1970.
That places Luxembourg 72nd out of 195 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Luxembourg, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 27.48 million current US$ | — |
| 1971 | 33.36 million current US$ | +21.4% |
| 1972 | 43.82 million current US$ | +31.3% |
| 1973 | 59.64 million current US$ | +36.1% |
| 1974 | 67.41 million current US$ | +13.0% |
| 1975 | 98.32 million current US$ | +45.9% |
| 1976 | 104.81 million current US$ | +6.6% |
| 1977 | 128.11 million current US$ | +22.2% |
| 1978 | 196.36 million current US$ | +53.3% |
| 1979 | 239.16 million current US$ | +21.8% |
| 1980 | 270.84 million current US$ | +13.2% |
| 1981 | 236.30 million current US$ | -12.8% |
| 1982 | 240.45 million current US$ | +1.8% |
| 1983 | 144.43 million current US$ | -39.9% |
| 1984 | 143.38 million current US$ | -0.7% |
| 1985 | 148.99 million current US$ | +3.9% |
| 1986 | 233.95 million current US$ | +57.0% |
| 1987 | 311.30 million current US$ | +33.1% |
| 1988 | 345.65 million current US$ | +11.0% |
| 1989 | 335.06 million current US$ | -3.1% |
| 1990 | 447.47 million current US$ | +33.5% |
| 1991 | 488.02 million current US$ | +9.1% |
| 1992 | 544.56 million current US$ | +11.6% |
| 1993 | 548.29 million current US$ | +0.7% |
| 1994 | 587.11 million current US$ | +7.1% |
| 1995 | 731.18 million current US$ | +24.5% |
| 1996 | 711.34 million current US$ | -2.7% |
| 1997 | 703.97 million current US$ | -1.0% |
| 1998 | 703.31 million current US$ | -0.1% |
| 1999 | 762.78 million current US$ | +8.5% |
| 2000 | 718.99 million current US$ | -5.7% |
| 2001 | 739.12 million current US$ | +2.8% |
| 2002 | 783.87 million current US$ | +6.1% |
| 2003 | 955.56 million current US$ | +21.9% |
| 2004 | 1.27 billion current US$ | +33.4% |
| 2005 | 1.40 billion current US$ | +9.8% |
| 2006 | 1.42 billion current US$ | +1.4% |
| 2007 | 1.83 billion current US$ | +29.2% |
| 2008 | 1.95 billion current US$ | +6.3% |
| 2009 | 1.48 billion current US$ | -23.7% |
| 2010 | 1.65 billion current US$ | +11.2% |
| 2011 | 1.87 billion current US$ | +13.2% |
| 2012 | 2.03 billion current US$ | +8.6% |
| 2013 | 2.24 billion current US$ | +10.1% |
| 2014 | 2.34 billion current US$ | +4.7% |
| 2015 | 2.04 billion current US$ | -12.8% |
| 2016 | 2.00 billion current US$ | -1.8% |
| 2017 | 2.09 billion current US$ | +4.2% |
| 2018 | 2.35 billion current US$ | +12.4% |
| 2019 | 2.31 billion current US$ | -1.8% |
| 2020 | 2.51 billion current US$ | +8.7% |
| 2021 | 2.93 billion current US$ | +16.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 99.85 million current US$ | 27.48 million current US$ | 239.16 million current US$ | 10 |
| 1980s | 241.03 million current US$ | 143.38 million current US$ | 345.65 million current US$ | 10 |
| 1990s | 622.80 million current US$ | 447.47 million current US$ | 762.78 million current US$ | 10 |
| 2000s | 1.25 billion current US$ | 718.99 million current US$ | 1.95 billion current US$ | 10 |
| 2010s | 2.09 billion current US$ | 1.65 billion current US$ | 2.35 billion current US$ | 10 |
| 2020s | 2.72 billion current US$ | 2.51 billion current US$ | 2.93 billion current US$ | 2 |
Countries ranked near Luxembourg
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual -12.85 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 14.45 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0944 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 13,908 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 9.62 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0836 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 12,308 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0205 (1998)
Frequently asked questions
- What is adjusted savings: education expenditure in Luxembourg?
- Adjusted savings: education expenditure in Luxembourg was 2.93 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Luxembourg?
- The highest recorded value was 2.93 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Luxembourg?
- The lowest recorded value was 27.48 million current US$ in 1970.
- How does Luxembourg rank for adjusted savings: education expenditure?
- Luxembourg ranks 72nd out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Luxembourg?
- Over the last ten years it is up 56.6%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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.