Adjusted savings: education expenditure in Trinidad and Tobago
Trinidad and Tobago: Adjusted savings: education expenditure was 967.45 million current US$ in 2021. ◆ Volatile
Latest (2021)
967.45 million current US$
Change on year
up 21.8%
World rank
106th
of 195 countries
All-time high
994.49 million current US$
in 2014
All-time low
22.93 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Trinidad and Tobago, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Trinidad and Tobago recorded 967.45 million current US$ for adjusted savings: education expenditure in 2021.
Compared with earlier readings it is up 21.8% on the previous year and up 26.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Trinidad and Tobago peaked at 994.49 million current US$ in 2014 and was at its lowest, 22.93 million current US$, in 1970.
Trinidad and Tobago ranks 106th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Trinidad and Tobago, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 22.93 million current US$ | — |
| 1971 | 25.14 million current US$ | +9.7% |
| 1972 | 30.68 million current US$ | +22.0% |
| 1973 | 36.87 million current US$ | +20.2% |
| 1974 | 53.22 million current US$ | +44.4% |
| 1975 | 71.48 million current US$ | +34.3% |
| 1976 | 72.47 million current US$ | +1.4% |
| 1977 | 89.24 million current US$ | +23.1% |
| 1978 | 105.57 million current US$ | +18.3% |
| 1979 | 131.73 million current US$ | +24.8% |
| 1980 | 177.63 million current US$ | +34.8% |
| 1981 | 253.37 million current US$ | +42.6% |
| 1982 | 372.51 million current US$ | +47.0% |
| 1983 | 359.96 million current US$ | -3.4% |
| 1984 | 376.32 million current US$ | +4.5% |
| 1985 | 372.48 million current US$ | -1.0% |
| 1986 | 215.17 million current US$ | -42.2% |
| 1987 | 204.65 million current US$ | -4.9% |
| 1988 | 198.97 million current US$ | -2.8% |
| 1989 | 165.71 million current US$ | -16.7% |
| 1990 | 172.84 million current US$ | +4.3% |
| 1991 | 182.83 million current US$ | +5.8% |
| 1992 | 192.36 million current US$ | +5.2% |
| 1993 | 167.40 million current US$ | -13.0% |
| 1994 | 154.19 million current US$ | -7.9% |
| 1995 | 167.93 million current US$ | +8.9% |
| 1996 | 173.10 million current US$ | +3.1% |
| 1997 | 171.41 million current US$ | -1.0% |
| 1998 | 136.86 million current US$ | -20.2% |
| 1999 | 182.66 million current US$ | +33.5% |
| 2000 | 191.91 million current US$ | +5.1% |
| 2001 | 248.57 million current US$ | +29.5% |
| 2002 | 295.08 million current US$ | +18.7% |
| 2003 | 304.93 million current US$ | +3.3% |
| 2004 | 378.08 million current US$ | +24.0% |
| 2005 | 455.59 million current US$ | +20.5% |
| 2006 | 533.56 million current US$ | +17.1% |
| 2007 | 646.81 million current US$ | +21.2% |
| 2008 | 850.86 million current US$ | +31.5% |
| 2009 | 591.53 million current US$ | -30.5% |
| 2010 | 700.41 million current US$ | +18.4% |
| 2011 | 766.04 million current US$ | +9.4% |
| 2012 | 857.05 million current US$ | +11.9% |
| 2013 | 949.26 million current US$ | +10.8% |
| 2014 | 994.49 million current US$ | +4.8% |
| 2015 | 970.39 million current US$ | -2.4% |
| 2016 | 856.19 million current US$ | -11.8% |
| 2017 | 900.40 million current US$ | +5.2% |
| 2018 | 907.20 million current US$ | +0.8% |
| 2019 | 907.66 million current US$ | +0.1% |
| 2020 | 794.13 million current US$ | -12.5% |
| 2021 | 967.45 million current US$ | +21.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 63.93 million current US$ | 22.93 million current US$ | 131.73 million current US$ | 10 |
| 1980s | 269.68 million current US$ | 165.71 million current US$ | 376.32 million current US$ | 10 |
| 1990s | 170.16 million current US$ | 136.86 million current US$ | 192.36 million current US$ | 10 |
| 2000s | 449.69 million current US$ | 191.91 million current US$ | 850.86 million current US$ | 10 |
| 2010s | 880.91 million current US$ | 700.41 million current US$ | 994.49 million current US$ | 10 |
| 2020s | 880.79 million current US$ | 794.13 million current US$ | 967.45 million current US$ | 2 |
Countries ranked near Trinidad and Tobago
More economy & growth data for Trinidad and Tobago
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.79 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 2 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.2811 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 5,267 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 2 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 2.37 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 44,334 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 0.429 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5918 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Trinidad and Tobago?
- Adjusted savings: education expenditure in Trinidad and Tobago was 967.45 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Trinidad and Tobago?
- The highest recorded value was 994.49 million current US$ in 2014.
- What is the lowest adjusted savings: education expenditure recorded in Trinidad and Tobago?
- The lowest recorded value was 22.93 million current US$ in 1970.
- How does Trinidad and Tobago rank for adjusted savings: education expenditure?
- Trinidad and Tobago ranks 106th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 26.3%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago 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
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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.