Adjusted savings: education expenditure in Spain
Spain: Adjusted savings: education expenditure was 57.43 billion current US$ in 2021. ◆ Volatile
Latest (2021)
57.43 billion current US$
Change on year
up 12.1%
World rank
14th
of 195 countries
All-time high
65.05 billion current US$
in 2008
All-time low
526.12 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Spain, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Spain recorded 57.43 billion current US$ for adjusted savings: education expenditure in 2021.
Compared with earlier readings it is up 12.1% on the previous year and down 11.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Spain peaked at 65.05 billion current US$ in 2008 and was at its lowest, 526.12 million current US$, in 1970.
That places Spain 14th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Spain, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 526.12 million current US$ | — |
| 1971 | 645.50 million current US$ | +22.7% |
| 1972 | 878.33 million current US$ | +36.1% |
| 1973 | 1.09 billion current US$ | +24.4% |
| 1974 | 1.26 billion current US$ | +15.3% |
| 1975 | 2.69 billion current US$ | +113.6% |
| 1976 | 1.99 billion current US$ | -26.0% |
| 1977 | 2.35 billion current US$ | +18.2% |
| 1978 | 3.01 billion current US$ | +27.9% |
| 1979 | 4.46 billion current US$ | +48.1% |
| 1980 | 5.43 billion current US$ | +21.7% |
| 1981 | 4.71 billion current US$ | -13.3% |
| 1982 | 4.54 billion current US$ | -3.4% |
| 1983 | 3.95 billion current US$ | -13.0% |
| 1984 | 3.98 billion current US$ | +0.7% |
| 1985 | 4.21 billion current US$ | +5.8% |
| 1986 | 5.86 billion current US$ | +39.1% |
| 1987 | 9.13 billion current US$ | +55.7% |
| 1988 | 11.13 billion current US$ | +21.9% |
| 1989 | 12.72 billion current US$ | +14.3% |
| 1990 | 17.51 billion current US$ | +37.7% |
| 1991 | 19.41 billion current US$ | +10.9% |
| 1992 | 22.44 billion current US$ | +15.6% |
| 1993 | 20.83 billion current US$ | -7.2% |
| 1994 | 22.34 billion current US$ | +7.2% |
| 1995 | 25.60 billion current US$ | +14.6% |
| 1996 | 27.24 billion current US$ | +6.4% |
| 1997 | 25.81 billion current US$ | -5.2% |
| 1998 | 25.06 billion current US$ | -2.9% |
| 1999 | 24.60 billion current US$ | -1.9% |
| 2000 | 22.87 billion current US$ | -7.0% |
| 2001 | 23.71 billion current US$ | +3.7% |
| 2002 | 26.77 billion current US$ | +12.9% |
| 2003 | 34.02 billion current US$ | +27.1% |
| 2004 | 40.46 billion current US$ | +18.9% |
| 2005 | 43.46 billion current US$ | +7.4% |
| 2006 | 47.01 billion current US$ | +8.2% |
| 2007 | 55.36 billion current US$ | +17.8% |
| 2008 | 65.05 billion current US$ | +17.5% |
| 2009 | 64.95 billion current US$ | -0.1% |
| 2010 | 61.80 billion current US$ | -4.9% |
| 2011 | 64.73 billion current US$ | +4.7% |
| 2012 | 53.88 billion current US$ | -16.8% |
| 2013 | 55.53 billion current US$ | +3.1% |
| 2014 | 55.91 billion current US$ | +0.7% |
| 2015 | 48.53 billion current US$ | -13.2% |
| 2016 | 49.77 billion current US$ | +2.6% |
| 2017 | 52.43 billion current US$ | +5.3% |
| 2018 | 56.42 billion current US$ | +7.6% |
| 2019 | 55.91 billion current US$ | -0.9% |
| 2020 | 51.24 billion current US$ | -8.4% |
| 2021 | 57.43 billion current US$ | +12.1% |
Spain compared with similar countries
- Spain's 57.43 billion current US$ is above the median for high income countries, which is 5.34 billion current US$, 10.8× the median. (69 countries reporting)
- Spain's 57.43 billion current US$ is above the median for Europe & Central Asia, which is 5.65 billion current US$, 10.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +113.6% | 1.26 billion current US$ | 2.69 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.89 billion current US$ | 526.12 million current US$ | 4.46 billion current US$ | 10 |
| 1980s | 6.57 billion current US$ | 3.95 billion current US$ | 12.72 billion current US$ | 10 |
| 1990s | 23.08 billion current US$ | 17.51 billion current US$ | 27.24 billion current US$ | 10 |
| 2000s | 42.37 billion current US$ | 22.87 billion current US$ | 65.05 billion current US$ | 10 |
| 2010s | 55.49 billion current US$ | 48.53 billion current US$ | 64.73 billion current US$ | 10 |
| 2020s | 54.34 billion current US$ | 51.24 billion current US$ | 57.43 billion current US$ | 2 |
Countries ranked near Spain
- 11 Russia 76.94 billion current US$ compare
- 12 Australia 76.93 billion current US$ compare
- 13 South Korea 70.32 billion current US$ compare
- 15 Mexico 53.04 billion current US$ compare
- 16 Saudi Arabia 51.54 billion current US$ compare
- 17 Netherlands 46.54 billion current US$ compare
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 46.38 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 939.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -34.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 569.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Spain?
- Adjusted savings: education expenditure in Spain was 57.43 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Spain?
- The highest recorded value was 65.05 billion current US$ in 2008.
- What is the lowest adjusted savings: education expenditure recorded in Spain?
- The lowest recorded value was 526.12 million current US$ in 1970.
- How does Spain rank for adjusted savings: education expenditure?
- Spain ranks 14th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Spain?
- Over the last ten years it is down 11.3%. The long-run trend across the full record is volatile.
- Where does this Spain 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.