Adjusted savings: education expenditure in New Zealand
New Zealand: Adjusted savings: education expenditure was 18.10 billion current US$ in 2021. ◆ Volatile
Latest (2021)
18.10 billion current US$
Change on year
up 18.0%
World rank
32nd
of 195 countries
All-time high
18.10 billion current US$
in 2021
All-time low
239.64 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in New Zealand, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
New Zealand recorded 18.10 billion current US$ for adjusted savings: education expenditure in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 18.0% on the previous year and up 60.3% over ten years.
Over the whole period, adjusted savings: education expenditure in New Zealand peaked at 18.10 billion current US$ in 2021 and was at its lowest, 239.64 million current US$, in 1970.
New Zealand ranks 32nd of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in New Zealand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 239.64 million current US$ | — |
| 1971 | 289.08 million current US$ | +20.6% |
| 1972 | 385.78 million current US$ | +33.5% |
| 1973 | 504.19 million current US$ | +30.7% |
| 1974 | 549.97 million current US$ | +9.1% |
| 1975 | 540.73 million current US$ | -1.7% |
| 1976 | 592.97 million current US$ | +9.7% |
| 1977 | 569.68 million current US$ | -3.9% |
| 1978 | 698.97 million current US$ | +22.7% |
| 1979 | 808.05 million current US$ | +15.6% |
| 1980 | 860.70 million current US$ | +6.5% |
| 1981 | 950.39 million current US$ | +10.4% |
| 1982 | 960.08 million current US$ | +1.0% |
| 1983 | 1.07 billion current US$ | +11.4% |
| 1984 | 799.21 million current US$ | -25.3% |
| 1985 | 812.25 million current US$ | +1.6% |
| 1986 | 958.18 million current US$ | +18.0% |
| 1987 | 1.45 billion current US$ | +51.4% |
| 1988 | 1.86 billion current US$ | +27.9% |
| 1989 | 1.93 billion current US$ | +4.0% |
| 1990 | 2.88 billion current US$ | +49.2% |
| 1991 | 2.35 billion current US$ | -18.3% |
| 1992 | 2.53 billion current US$ | +7.6% |
| 1993 | 2.78 billion current US$ | +9.7% |
| 1994 | 3.15 billion current US$ | +13.2% |
| 1995 | 3.53 billion current US$ | +12.4% |
| 1996 | 4.22 billion current US$ | +19.4% |
| 1997 | 3.85 billion current US$ | -8.7% |
| 1998 | 3.71 billion current US$ | -3.7% |
| 1999 | 3.65 billion current US$ | -1.6% |
| 2000 | 3.36 billion current US$ | -7.9% |
| 2001 | 3.55 billion current US$ | +5.6% |
| 2002 | 4.26 billion current US$ | +20.0% |
| 2003 | 5.67 billion current US$ | +33.2% |
| 2004 | 6.67 billion current US$ | +17.5% |
| 2005 | 7.10 billion current US$ | +6.5% |
| 2006 | 6.57 billion current US$ | -7.6% |
| 2007 | 8.08 billion current US$ | +23.0% |
| 2008 | 6.93 billion current US$ | -14.2% |
| 2009 | 7.50 billion current US$ | +8.2% |
| 2010 | 9.70 billion current US$ | +29.5% |
| 2011 | 11.29 billion current US$ | +16.4% |
| 2012 | 12.45 billion current US$ | +10.2% |
| 2013 | 13.52 billion current US$ | +8.6% |
| 2014 | 14.24 billion current US$ | +5.4% |
| 2015 | 12.69 billion current US$ | -10.9% |
| 2016 | 13.47 billion current US$ | +6.2% |
| 2017 | 14.66 billion current US$ | +8.8% |
| 2018 | 15.06 billion current US$ | +2.7% |
| 2019 | 15.34 billion current US$ | +1.9% |
| 2020 | 15.34 billion current US$ | -0.0% |
| 2021 | 18.10 billion current US$ | +18.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 517.91 million current US$ | 239.64 million current US$ | 808.05 million current US$ | 10 |
| 1980s | 1.16 billion current US$ | 799.21 million current US$ | 1.93 billion current US$ | 10 |
| 1990s | 3.27 billion current US$ | 2.35 billion current US$ | 4.22 billion current US$ | 10 |
| 2000s | 5.97 billion current US$ | 3.36 billion current US$ | 8.08 billion current US$ | 10 |
| 2010s | 13.24 billion current US$ | 9.70 billion current US$ | 15.34 billion current US$ | 10 |
| 2020s | 16.72 billion current US$ | 15.34 billion current US$ | 18.10 billion current US$ | 2 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Services, value added (constant LCU), per capita 46,284 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 3.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.74 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9168 current US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current US$), per capita 45,199 current US$ per person (2023)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.08 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.49 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 73,604 current LCU per person (2023)
Frequently asked questions
- What is adjusted savings: education expenditure in New Zealand?
- Adjusted savings: education expenditure in New Zealand was 18.10 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in New Zealand?
- The highest recorded value was 18.10 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in New Zealand?
- The lowest recorded value was 239.64 million current US$ in 1970.
- How does New Zealand rank for adjusted savings: education expenditure?
- New Zealand ranks 32nd out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in New Zealand?
- Over the last ten years it is up 60.3%. The long-run trend across the full record is volatile.
- Where does this New Zealand 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.
Download this data
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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.