Adjusted savings: education expenditure in Mexico
Mexico: Adjusted savings: education expenditure was 53.04 billion current US$ in 2021. ◆ Volatile
Latest (2021)
53.04 billion current US$
Change on year
up 17.5%
World rank
15th
of 195 countries
All-time high
66.18 billion current US$
in 2014
All-time low
1.05 billion current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Mexico, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Mexico stood at 53.04 billion current US$.
Compared with earlier readings it is up 17.5% on the previous year and down 9.4% over ten years.
Over the whole period, adjusted savings: education expenditure in Mexico peaked at 66.18 billion current US$ in 2014 and was at its lowest, 1.05 billion current US$, in 1970.
Mexico ranks 15th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Mexico, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.05 billion current US$ | — |
| 1971 | 1.16 billion current US$ | +10.3% |
| 1972 | 1.33 billion current US$ | +15.3% |
| 1973 | 1.63 billion current US$ | +22.6% |
| 1974 | 2.12 billion current US$ | +30.0% |
| 1975 | 2.59 billion current US$ | +21.7% |
| 1976 | 2.61 billion current US$ | +0.8% |
| 1977 | 2.39 billion current US$ | -8.3% |
| 1978 | 2.99 billion current US$ | +25.1% |
| 1979 | 3.92 billion current US$ | +31.0% |
| 1980 | 5.76 billion current US$ | +47.1% |
| 1981 | 8.63 billion current US$ | +49.8% |
| 1982 | 6.38 billion current US$ | -26.1% |
| 1983 | 3.82 billion current US$ | -40.1% |
| 1984 | 4.53 billion current US$ | +18.5% |
| 1985 | 4.84 billion current US$ | +6.9% |
| 1986 | 3.30 billion current US$ | -31.8% |
| 1987 | 3.52 billion current US$ | +6.5% |
| 1988 | 4.01 billion current US$ | +14.0% |
| 1989 | 4.69 billion current US$ | +16.9% |
| 1990 | 5.56 billion current US$ | +18.5% |
| 1991 | 7.31 billion current US$ | +31.5% |
| 1992 | 10.25 billion current US$ | +40.3% |
| 1993 | 13.21 billion current US$ | +28.8% |
| 1994 | 18.03 billion current US$ | +36.5% |
| 1995 | 12.83 billion current US$ | -28.9% |
| 1996 | 19.21 billion current US$ | +49.8% |
| 1997 | 24.22 billion current US$ | +26.1% |
| 1998 | 17.44 billion current US$ | -28.0% |
| 1999 | 20.91 billion current US$ | +19.9% |
| 2000 | 28.47 billion current US$ | +36.2% |
| 2001 | 32.16 billion current US$ | +13.0% |
| 2002 | 34.83 billion current US$ | +8.3% |
| 2003 | 36.68 billion current US$ | +5.3% |
| 2004 | 36.37 billion current US$ | -0.8% |
| 2005 | 41.67 billion current US$ | +14.6% |
| 2006 | 45.04 billion current US$ | +8.1% |
| 2007 | 48.54 billion current US$ | +7.8% |
| 2008 | 52.31 billion current US$ | +7.8% |
| 2009 | 45.04 billion current US$ | -13.9% |
| 2010 | 52.37 billion current US$ | +16.3% |
| 2011 | 58.55 billion current US$ | +11.8% |
| 2012 | 59.08 billion current US$ | +0.9% |
| 2013 | 57.22 billion current US$ | -3.2% |
| 2014 | 66.18 billion current US$ | +15.7% |
| 2015 | 59.41 billion current US$ | -10.2% |
| 2016 | 51.17 billion current US$ | -13.9% |
| 2017 | 51.10 billion current US$ | -0.1% |
| 2018 | 50.90 billion current US$ | -0.4% |
| 2019 | 52.72 billion current US$ | +3.6% |
| 2020 | 45.14 billion current US$ | -14.4% |
| 2021 | 53.04 billion current US$ | +17.5% |
Mexico compared with similar countries
- Mexico's 53.04 billion current US$ is above the median for upper middle income countries, which is 1.29 billion current US$, 41.0× the median. (55 countries reporting)
- Mexico's 53.04 billion current US$ is above the median for Latin America & Caribbean, which is 967.45 million current US$, 54.8× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.18 billion current US$ | 1.05 billion current US$ | 3.92 billion current US$ | 10 |
| 1980s | 4.95 billion current US$ | 3.30 billion current US$ | 8.63 billion current US$ | 10 |
| 1990s | 14.90 billion current US$ | 5.56 billion current US$ | 24.22 billion current US$ | 10 |
| 2000s | 40.11 billion current US$ | 28.47 billion current US$ | 52.31 billion current US$ | 10 |
| 2010s | 55.87 billion current US$ | 50.90 billion current US$ | 66.18 billion current US$ | 10 |
| 2020s | 49.09 billion current US$ | 45.14 billion current US$ | 53.04 billion current US$ | 2 |
Countries ranked near Mexico
- 12 Australia 76.93 billion current US$ compare
- 13 South Korea 70.32 billion current US$ compare
- 14 Spain 57.43 billion current US$ compare
- 16 Saudi Arabia 51.54 billion current US$ compare
- 17 Netherlands 46.54 billion current US$ compare
- 18 Sweden 46.29 billion current US$ compare
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.29 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 85.55 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 43.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0235 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 326.53 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.41 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Mexico?
- Adjusted savings: education expenditure in Mexico was 53.04 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Mexico?
- The highest recorded value was 66.18 billion current US$ in 2014.
- What is the lowest adjusted savings: education expenditure recorded in Mexico?
- The lowest recorded value was 1.05 billion current US$ in 1970.
- How does Mexico rank for adjusted savings: education expenditure?
- Mexico ranks 15th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Mexico?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is volatile.
- Where does this Mexico 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.