Adjusted savings: education expenditure in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Adjusted savings: education expenditure was 158.89 billion current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in United Kingdom of Great Britain and Northern Ireland, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in United Kingdom of Great Britain and Northern Ireland stood at 158.89 billion current US$.
Compared with earlier readings it is up 17.9% on the previous year and up 15.2% over ten years.
Over the whole period, adjusted savings: education expenditure in United Kingdom of Great Britain and Northern Ireland peaked at 165.94 billion current US$ in 2014 and was at its lowest, 6.38 billion current US$, in 1970.
That places United Kingdom of Great Britain and Northern Ireland 4th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 6.38 billion current US$ | — |
| 1971 | 7.05 billion current US$ | +10.6% |
| 1972 | 8.27 billion current US$ | +17.3% |
| 1973 | 10.01 billion current US$ | +21.1% |
| 1974 | 10.59 billion current US$ | +5.8% |
| 1975 | 15.23 billion current US$ | +43.8% |
| 1976 | 14.91 billion current US$ | -2.1% |
| 1977 | 16.06 billion current US$ | +7.7% |
| 1978 | 18.96 billion current US$ | +18.1% |
| 1979 | 23.58 billion current US$ | +24.4% |
| 1980 | 30.09 billion current US$ | +27.6% |
| 1981 | 29.77 billion current US$ | -1.1% |
| 1982 | 27.19 billion current US$ | -8.6% |
| 1983 | 25.44 billion current US$ | -6.5% |
| 1984 | 23.02 billion current US$ | -9.5% |
| 1985 | 23.61 billion current US$ | +2.5% |
| 1986 | 28.51 billion current US$ | +20.8% |
| 1987 | 34.24 billion current US$ | +20.1% |
| 1988 | 41.70 billion current US$ | +21.8% |
| 1989 | 40.06 billion current US$ | -3.9% |
| 1990 | 46.97 billion current US$ | +17.3% |
| 1991 | 50.41 billion current US$ | +7.3% |
| 1992 | 55.08 billion current US$ | +9.3% |
| 1993 | 57.23 billion current US$ | +3.9% |
| 1994 | 62.51 billion current US$ | +9.2% |
| 1995 | 66.66 billion current US$ | +6.6% |
| 1996 | 68.83 billion current US$ | +3.3% |
| 1997 | 82.04 billion current US$ | +19.2% |
| 1998 | 66.27 billion current US$ | -19.2% |
| 1999 | 63.53 billion current US$ | -4.1% |
| 2000 | 63.58 billion current US$ | +0.1% |
| 2001 | 62.51 billion current US$ | -1.7% |
| 2002 | 76.90 billion current US$ | +23.0% |
| 2003 | 92.82 billion current US$ | +20.7% |
| 2004 | 105.50 billion current US$ | +13.7% |
| 2005 | 121.61 billion current US$ | +15.3% |
| 2006 | 126.59 billion current US$ | +4.1% |
| 2007 | 147.09 billion current US$ | +16.2% |
| 2008 | 139.14 billion current US$ | -5.4% |
| 2009 | 118.67 billion current US$ | -14.7% |
| 2010 | 137.08 billion current US$ | +15.5% |
| 2011 | 137.90 billion current US$ | +0.6% |
| 2012 | 141.03 billion current US$ | +2.3% |
| 2013 | 146.97 billion current US$ | +4.2% |
| 2014 | 165.94 billion current US$ | +12.9% |
| 2015 | 157.60 billion current US$ | -5.0% |
| 2016 | 141.77 billion current US$ | -10.0% |
| 2017 | 140.88 billion current US$ | -0.6% |
| 2018 | 145.30 billion current US$ | +3.1% |
| 2019 | 145.55 billion current US$ | +0.2% |
| 2020 | 134.74 billion current US$ | -7.4% |
| 2021 | 158.89 billion current US$ | +17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.10 billion current US$ | 6.38 billion current US$ | 23.58 billion current US$ | 10 |
| 1980s | 30.36 billion current US$ | 23.02 billion current US$ | 41.70 billion current US$ | 10 |
| 1990s | 61.95 billion current US$ | 46.97 billion current US$ | 82.04 billion current US$ | 10 |
| 2000s | 105.44 billion current US$ | 62.51 billion current US$ | 147.09 billion current US$ | 10 |
| 2010s | 146.00 billion current US$ | 137.08 billion current US$ | 165.94 billion current US$ | 10 |
| 2020s | 146.82 billion current US$ | 134.74 billion current US$ | 158.89 billion current US$ | 2 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 8.33 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1834 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 10,562 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.16 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.1393 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 8,022 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 10.93 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9471 current US$ per US$ of GDP (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is adjusted savings: education expenditure in United Kingdom of Great Britain and Northern Ireland?
- Adjusted savings: education expenditure in United Kingdom of Great Britain and Northern Ireland was 158.89 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 165.94 billion current US$ in 2014.
- What is the lowest adjusted savings: education expenditure recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 6.38 billion current US$ in 1970.
- How does United Kingdom of Great Britain and Northern Ireland rank for adjusted savings: education expenditure?
- United Kingdom of Great Britain and Northern Ireland ranks 4th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.