Adjusted savings: education expenditure in North Macedonia
North Macedonia: Adjusted savings: education expenditure was 431.74 million current US$ in 2021. ▲ Rising
Adjusted savings: education expenditure in North Macedonia, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in North Macedonia stood at 431.74 million current US$. That is the highest value across all 32 years on record.
That represents a change of up 11.0% on the previous year and up 28.1% over ten years.
Over the whole period, adjusted savings: education expenditure in North Macedonia peaked at 431.74 million current US$ in 2021 and was at its lowest, 118.24 million current US$, in 1992.
North Macedonia ranks 134th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted savings: education expenditure in North Macedonia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 232.23 million current US$ | — |
| 1991 | 245.49 million current US$ | +5.7% |
| 1992 | 118.24 million current US$ | -51.8% |
| 1993 | 128.66 million current US$ | +8.8% |
| 1994 | 165.11 million current US$ | +28.3% |
| 1995 | 200.69 million current US$ | +21.6% |
| 1996 | 201.99 million current US$ | +0.6% |
| 1997 | 189.18 million current US$ | -6.3% |
| 1998 | 181.99 million current US$ | -3.8% |
| 1999 | 170.40 million current US$ | -6.4% |
| 2000 | 151.28 million current US$ | -11.2% |
| 2001 | 135.41 million current US$ | -10.5% |
| 2002 | 129.85 million current US$ | -4.1% |
| 2003 | 159.72 million current US$ | +23.0% |
| 2004 | 184.60 million current US$ | +15.6% |
| 2005 | 201.00 million current US$ | +8.9% |
| 2006 | 223.37 million current US$ | +11.1% |
| 2007 | 259.77 million current US$ | +16.3% |
| 2008 | 319.99 million current US$ | +23.2% |
| 2009 | 305.13 million current US$ | -4.6% |
| 2010 | 303.20 million current US$ | -0.6% |
| 2011 | 336.91 million current US$ | +11.1% |
| 2012 | 311.64 million current US$ | -7.5% |
| 2013 | 345.21 million current US$ | +10.8% |
| 2014 | 364.44 million current US$ | +5.6% |
| 2015 | 318.61 million current US$ | -12.6% |
| 2016 | 334.97 million current US$ | +5.1% |
| 2017 | 354.96 million current US$ | +6.0% |
| 2018 | 397.17 million current US$ | +11.9% |
| 2019 | 393.05 million current US$ | -1.0% |
| 2020 | 388.80 million current US$ | -1.1% |
| 2021 | 431.74 million current US$ | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 183.40 million current US$ | 118.24 million current US$ | 245.49 million current US$ | 10 |
| 2000s | 207.01 million current US$ | 129.85 million current US$ | 319.99 million current US$ | 10 |
| 2010s | 346.02 million current US$ | 303.20 million current US$ | 397.17 million current US$ | 10 |
| 2020s | 410.27 million current US$ | 388.80 million current US$ | 431.74 million current US$ | 2 |
Countries ranked near North Macedonia
- 131 Lebanon 466.87 million current US$ compare
- 132 Lao People's Democratic Republic 462.27 million current US$ compare
- 133 Cambodia 450.78 million current US$ compare
- 135 Kyrgyzstan 414.97 million current US$ compare
- 136 Bahamas 401.76 million current US$ compare
- 137 Afghanistan 386.86 million current US$ compare
More economy & growth data for North Macedonia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 14.91 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1798 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 1,886 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 10.42 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 9.83 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 103,065 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.14 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9046 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in North Macedonia?
- Adjusted savings: education expenditure in North Macedonia was 431.74 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in North Macedonia?
- The highest recorded value was 431.74 million current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in North Macedonia?
- The lowest recorded value was 118.24 million current US$ in 1992.
- How does North Macedonia rank for adjusted savings: education expenditure?
- North Macedonia ranks 134th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in North Macedonia?
- Over the last ten years it is up 28.1%. The long-run trend across the full record is rising.
- Where does this North Macedonia 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.