Adjusted savings: education expenditure in Singapore
Singapore: Adjusted savings: education expenditure was 9.64 billion current US$ in 2021. ◆ Volatile
Latest (2021)
9.64 billion current US$
Change on year
up 16.7%
World rank
47th
of 195 countries
All-time high
9.64 billion current US$
in 2021
All-time low
57.43 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Singapore, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Singapore stood at 9.64 billion current US$. That is the highest value across all 52 years on record.
The figure is up 16.7% on the previous year and up 26.7% over ten years.
Over the whole period, adjusted savings: education expenditure in Singapore peaked at 9.64 billion current US$ in 2021 and was at its lowest, 57.43 million current US$, in 1970.
Singapore ranks 47th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Singapore, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 57.43 million current US$ | — |
| 1971 | 65.56 million current US$ | +14.1% |
| 1972 | 73.30 million current US$ | +11.8% |
| 1973 | 86.80 million current US$ | +18.4% |
| 1974 | 116.81 million current US$ | +34.6% |
| 1975 | 130.74 million current US$ | +11.9% |
| 1976 | 144.73 million current US$ | +10.7% |
| 1977 | 143.94 million current US$ | -0.5% |
| 1978 | 157.49 million current US$ | +9.4% |
| 1979 | 194.51 million current US$ | +23.5% |
| 1980 | 259.58 million current US$ | +33.5% |
| 1981 | 307.28 million current US$ | +18.4% |
| 1982 | 366.57 million current US$ | +19.3% |
| 1983 | 518.69 million current US$ | +41.5% |
| 1984 | 641.42 million current US$ | +23.7% |
| 1985 | 664.74 million current US$ | +3.6% |
| 1986 | 632.15 million current US$ | -4.9% |
| 1987 | 631.52 million current US$ | -0.1% |
| 1988 | 775.79 million current US$ | +22.8% |
| 1989 | 820.43 million current US$ | +5.8% |
| 1990 | 930.30 million current US$ | +13.4% |
| 1991 | 1.16 billion current US$ | +25.1% |
| 1992 | 1.62 billion current US$ | +38.9% |
| 1993 | 1.42 billion current US$ | -11.9% |
| 1994 | 1.70 billion current US$ | +19.2% |
| 1995 | 1.95 billion current US$ | +14.7% |
| 1996 | 2.10 billion current US$ | +8.1% |
| 1997 | 2.31 billion current US$ | +9.9% |
| 1998 | 2.16 billion current US$ | -6.6% |
| 1999 | 2.04 billion current US$ | -5.4% |
| 2000 | 2.10 billion current US$ | +2.8% |
| 2001 | 2.32 billion current US$ | +10.4% |
| 2002 | 2.36 billion current US$ | +1.6% |
| 2003 | 2.47 billion current US$ | +4.7% |
| 2004 | 2.81 billion current US$ | +13.6% |
| 2005 | 3.13 billion current US$ | +11.5% |
| 2006 | 3.75 billion current US$ | +19.9% |
| 2007 | 4.57 billion current US$ | +21.8% |
| 2008 | 4.83 billion current US$ | +5.8% |
| 2009 | 5.30 billion current US$ | +9.8% |
| 2010 | 6.97 billion current US$ | +31.6% |
| 2011 | 7.61 billion current US$ | +9.1% |
| 2012 | 8.12 billion current US$ | +6.8% |
| 2013 | 8.03 billion current US$ | -1.1% |
| 2014 | 8.39 billion current US$ | +4.4% |
| 2015 | 7.92 billion current US$ | -5.6% |
| 2016 | 8.26 billion current US$ | +4.3% |
| 2017 | 8.76 billion current US$ | +6.0% |
| 2018 | 9.14 billion current US$ | +4.4% |
| 2019 | 9.07 billion current US$ | -0.8% |
| 2020 | 8.25 billion current US$ | -9.0% |
| 2021 | 9.64 billion current US$ | +16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 117.13 million current US$ | 57.43 million current US$ | 194.51 million current US$ | 10 |
| 1980s | 561.82 million current US$ | 259.58 million current US$ | 820.43 million current US$ | 10 |
| 1990s | 1.74 billion current US$ | 930.30 million current US$ | 2.31 billion current US$ | 10 |
| 2000s | 3.36 billion current US$ | 2.10 billion current US$ | 5.30 billion current US$ | 10 |
| 2010s | 8.23 billion current US$ | 6.97 billion current US$ | 9.14 billion current US$ | 10 |
| 2020s | 8.95 billion current US$ | 8.25 billion current US$ | 9.64 billion current US$ | 2 |
Countries ranked near Singapore
- 44 Hong Kong, China 11.19 billion current US$ compare
- 45 United Arab Emirates 10.02 billion current US$ compare
- 46 Ukraine 9.79 billion current US$ compare
- 48 Romania 9.51 billion current US$ compare
- 49 Iraq 9.47 billion current US$ compare
- 50 Philippines 7.51 billion current US$ compare
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 9.16 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8274 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 81,755 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.96 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.831 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 82,118 current US$ per person (2025)
- GNI (current LCU), annual growth rate 3.67 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.09 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Singapore?
- Adjusted savings: education expenditure in Singapore was 9.64 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Singapore?
- The highest recorded value was 9.64 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Singapore?
- The lowest recorded value was 57.43 million current US$ in 1970.
- How does Singapore rank for adjusted savings: education expenditure?
- Singapore ranks 47th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Singapore?
- Over the last ten years it is up 26.7%. The long-run trend across the full record is volatile.
- Where does this Singapore 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.