Adjusted savings: education expenditure in Somalia

Somalia: Adjusted savings: education expenditure was 75.19 million current US$ in 2021. ◆ Volatile

Latest (2021)
75.19 million current US$
Change on year
up 10.8%
World rank
172nd
of 195 countries
All-time high
75.19 million current US$
in 2021
All-time low
3.39 million current US$
in 1970
Years of data
30
1970–2021

Adjusted savings: education expenditure in Somalia, 1970–2021

020.0M40.0M60.0M80.0M1970199520211970: 3.4M current US$1971: 3.4M current US$1972: 4.2M current US$1973: 5.0M current US$1974: 4.7M current US$1975: 7.0M current US$1976: 8.0M current US$1977: 4.9M current US$1978: 5.6M current US$1979: 5.9M current US$1980: 6.0M current US$1981: 6.9M current US$1982: 7.6M current US$1983: 7.2M current US$1984: 7.4M current US$1985: 8.2M current US$1986: 8.7M current US$1987: 9.5M current US$1988: 9.7M current US$1989: 10.1M current US$1990: 8.3M current US$2013: 45.0M current US$2014: 49.5M current US$2015: 52.6M current US$2016: 54.5M current US$2017: 55.3M current US$2018: 57.7M current US$2019: 63.9M current US$2020: 67.8M current US$2021: 75.2M current US$

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

Analysis

The most recent figure for adjusted savings: education expenditure in Somalia is 75.19 million current US$, measured in 2021. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 10.8% on the previous year and up 66.9% over ten years.

Over the whole period, adjusted savings: education expenditure in Somalia peaked at 75.19 million current US$ in 2021 and was at its lowest, 3.39 million current US$, in 1970.

Somalia ranks 172nd of 195 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.21 million current US$ 3.39 million current US$ 8.01 million current US$ 10
1980s 8.11 million current US$ 5.97 million current US$ 10.06 million current US$ 10
1990s 8.28 million current US$ 8.28 million current US$ 8.28 million current US$ 1
2010s 54.08 million current US$ 45.05 million current US$ 63.92 million current US$ 7
2020s 71.52 million current US$ 67.84 million current US$ 75.19 million current US$ 2

Countries ranked near Somalia

  1. 169 Cape Verde 98.98 million current US$ compare
  2. 170 Equatorial Guinea 91.48 million current US$ compare
  3. 171 Suriname 89.28 million current US$ compare
  4. 173 Seychelles 63.15 million current US$ compare
  5. 174 East Timor 60.19 million current US$ compare
  6. 175 Saint Lucia 53.73 million current US$ compare

See the full ranking of 195 places →

More economy & growth data for Somalia

All data for Somalia →

Frequently asked questions

What is adjusted savings: education expenditure in Somalia?
Adjusted savings: education expenditure in Somalia was 75.19 million current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Somalia?
The highest recorded value was 75.19 million current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in Somalia?
The lowest recorded value was 3.39 million current US$ in 1970.
How does Somalia rank for adjusted savings: education expenditure?
Somalia ranks 172nd out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Somalia?
Over the last ten years it is up 66.9%. The long-run trend across the full record is volatile.
Where does this Somalia 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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CSV · JSON — 30 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.