Adjusted savings: education expenditure in Romania

Romania: Adjusted savings: education expenditure was 9.51 billion current US$ in 2021. ◆ Volatile

Latest (2021)
9.51 billion current US$
Change on year
up 12.9%
World rank
48th
of 195 countries
All-time high
9.51 billion current US$
in 2021
All-time low
760.32 million current US$
in 1993
Years of data
33
1989–2021

Adjusted savings: education expenditure in Romania, 1989–2021

02.0B4.0B6.0B8.0B10.0B1989200520211989: 1.1B current US$1990: 1.0B current US$1991: 925.4M current US$1992: 801.0M current US$1993: 760.3M current US$1994: 1.0B current US$1995: 1.3B current US$1996: 1.2B current US$1997: 1.3B current US$1998: 1.3B current US$1999: 1.1B current US$2000: 1.0B current US$2001: 1.2B current US$2002: 1.5B current US$2003: 1.8B current US$2004: 2.3B current US$2005: 3.2B current US$2006: 4.3B current US$2007: 5.7B current US$2008: 6.9B current US$2009: 6.4B current US$2010: 5.3B current US$2011: 5.5B current US$2012: 5.0B current US$2013: 5.4B current US$2014: 5.9B current US$2015: 5.2B current US$2016: 5.2B current US$2017: 6.2B current US$2018: 7.7B current US$2019: 8.4B current US$2020: 8.4B current US$2021: 9.5B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: education expenditure in Romania is 9.51 billion current US$, measured in 2021. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 12.9% on the previous year and up 74.1% over ten years.

Over the whole period, adjusted savings: education expenditure in Romania peaked at 9.51 billion current US$ in 2021 and was at its lowest, 760.32 million current US$, in 1993.

That places Romania 48th out of 195 countries with data for 2021, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.07 billion current US$ 1.07 billion current US$ 1.07 billion current US$ 1
1990s 1.07 billion current US$ 760.32 million current US$ 1.33 billion current US$ 10
2000s 3.45 billion current US$ 1.04 billion current US$ 6.94 billion current US$ 10
2010s 5.98 billion current US$ 4.95 billion current US$ 8.43 billion current US$ 10
2020s 8.97 billion current US$ 8.43 billion current US$ 9.51 billion current US$ 2

Countries ranked near Romania

  1. 45 United Arab Emirates 10.02 billion current US$ compare
  2. 46 Ukraine 9.79 billion current US$ compare
  3. 47 Singapore 9.64 billion current US$ compare
  4. 49 Iraq 9.47 billion current US$ compare
  5. 50 Philippines 7.51 billion current US$ compare
  6. 51 Morocco 7.33 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Romania

All data for Romania →

Frequently asked questions

What is adjusted savings: education expenditure in Romania?
Adjusted savings: education expenditure in Romania was 9.51 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Romania?
The highest recorded value was 9.51 billion current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in Romania?
The lowest recorded value was 760.32 million current US$ in 1993.
How does Romania rank for adjusted savings: education expenditure?
Romania ranks 48th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Romania?
Over the last ten years it is up 74.1%. The long-run trend across the full record is volatile.
Where does this Romania 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

Indicator
Adjusted savings: education expenditure (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 8,370 data points, 1970–2021
Last refreshed

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.