Adjusted savings: education expenditure in Saudi Arabia

Saudi Arabia: Adjusted savings: education expenditure was 51.54 billion current US$ in 2020. ◆ Volatile

Latest (2020)
51.54 billion current US$
Change on year
down 11.6%
World rank
16th
of 195 countries
All-time high
59.23 billion current US$
in 2018
All-time low
113.02 million current US$
in 1970
Years of data
51
1970–2020

Adjusted savings: education expenditure in Saudi Arabia, 1970–2020

020.0B40.0B60.0B197019952020

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

Analysis

The most recent figure for adjusted savings: education expenditure in Saudi Arabia is 51.54 billion current US$, measured in 2020.

That represents a change of down 11.6% on the previous year and up 34.0% over ten years.

Over the whole period, adjusted savings: education expenditure in Saudi Arabia peaked at 59.23 billion current US$ in 2018 and was at its lowest, 113.02 million current US$, in 1970.

Saudi Arabia ranks 16th 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.27 billion current US$ 113.02 million current US$ 4.03 billion current US$ 10
1980s 5.06 billion current US$ 4.06 billion current US$ 6.26 billion current US$ 10
1990s 8.04 billion current US$ 6.52 billion current US$ 11.77 billion current US$ 10
2000s 22.60 billion current US$ 13.36 billion current US$ 38.01 billion current US$ 10
2010s 51.48 billion current US$ 38.46 billion current US$ 59.23 billion current US$ 10
2020s 51.54 billion current US$ 51.54 billion current US$ 51.54 billion current US$ 1

Countries ranked near Saudi Arabia

  1. 13 South Korea 70.32 billion current US$ compare
  2. 14 Spain 57.43 billion current US$ compare
  3. 15 Mexico 53.04 billion current US$ compare
  4. 17 Netherlands 46.54 billion current US$ compare
  5. 18 Sweden 46.29 billion current US$ compare
  6. 19 Indonesia 37.71 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is adjusted savings: education expenditure in Saudi Arabia?
Adjusted savings: education expenditure in Saudi Arabia was 51.54 billion current US$ in 2020, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Saudi Arabia?
The highest recorded value was 59.23 billion current US$ in 2018.
What is the lowest adjusted savings: education expenditure recorded in Saudi Arabia?
The lowest recorded value was 113.02 million current US$ in 1970.
How does Saudi Arabia rank for adjusted savings: education expenditure?
Saudi Arabia ranks 16th out of 195 countries with data for 2020.
Is adjusted savings: education expenditure rising or falling in Saudi Arabia?
Over the last ten years it is up 34.0%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia 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

CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.