Adjusted savings: education expenditure in United States of America
United States of America: Adjusted savings: education expenditure was 1.05 trillion current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in United States of America, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in United States of America is 1.05 trillion current US$, measured in 2021. That is the highest value across all 52 years on record.
The figure is up 10.0% on the previous year and up 30.8% over ten years.
Over the whole period, adjusted savings: education expenditure in United States of America peaked at 1.05 trillion current US$ in 2021 and was at its lowest, 80.09 billion current US$, in 1970.
That places United States of America 1st out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in United States of America, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 80.09 billion current US$ | — |
| 1971 | 81.40 billion current US$ | +1.6% |
| 1972 | 88.36 billion current US$ | +8.5% |
| 1973 | 97.37 billion current US$ | +10.2% |
| 1974 | 102.52 billion current US$ | +5.3% |
| 1975 | 117.92 billion current US$ | +15.0% |
| 1976 | 130.87 billion current US$ | +11.0% |
| 1977 | 139.54 billion current US$ | +6.6% |
| 1978 | 155.09 billion current US$ | +11.1% |
| 1979 | 164.69 billion current US$ | +6.2% |
| 1980 | 179.36 billion current US$ | +8.9% |
| 1981 | 204.92 billion current US$ | +14.2% |
| 1982 | 209.03 billion current US$ | +2.0% |
| 1983 | 227.69 billion current US$ | +8.9% |
| 1984 | 254.03 billion current US$ | +11.6% |
| 1985 | 262.92 billion current US$ | +3.5% |
| 1986 | 189.69 billion current US$ | -27.8% |
| 1987 | 309.05 billion current US$ | +62.9% |
| 1988 | 226.01 billion current US$ | -26.9% |
| 1989 | 240.73 billion current US$ | +6.5% |
| 1990 | 259.70 billion current US$ | +7.9% |
| 1991 | 274.35 billion current US$ | +5.6% |
| 1992 | 349.32 billion current US$ | +27.3% |
| 1993 | 343.42 billion current US$ | -1.7% |
| 1994 | 384.03 billion current US$ | +11.8% |
| 1995 | 362.78 billion current US$ | -5.5% |
| 1996 | 385.35 billion current US$ | +6.2% |
| 1997 | 411.37 billion current US$ | +6.8% |
| 1998 | 390.13 billion current US$ | -5.2% |
| 1999 | 414.81 billion current US$ | +6.3% |
| 2000 | 468.69 billion current US$ | +13.0% |
| 2001 | 510.11 billion current US$ | +8.8% |
| 2002 | 526.39 billion current US$ | +3.2% |
| 2003 | 567.92 billion current US$ | +7.9% |
| 2004 | 576.65 billion current US$ | +1.5% |
| 2005 | 585.56 billion current US$ | +1.5% |
| 2006 | 659.49 billion current US$ | +12.6% |
| 2007 | 670.40 billion current US$ | +1.7% |
| 2008 | 693.85 billion current US$ | +3.5% |
| 2009 | 679.79 billion current US$ | -2.0% |
| 2010 | 734.48 billion current US$ | +8.0% |
| 2011 | 800.42 billion current US$ | +9.0% |
| 2012 | 750.74 billion current US$ | -6.2% |
| 2013 | 962.30 billion current US$ | +28.2% |
| 2014 | 983.32 billion current US$ | +2.2% |
| 2015 | 823.78 billion current US$ | -16.2% |
| 2016 | 830.68 billion current US$ | +0.8% |
| 2017 | 903.29 billion current US$ | +8.7% |
| 2018 | 914.08 billion current US$ | +1.2% |
| 2019 | 964.50 billion current US$ | +5.5% |
| 2020 | 951.55 billion current US$ | -1.3% |
| 2021 | 1.05 trillion current US$ | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 115.78 billion current US$ | 80.09 billion current US$ | 164.69 billion current US$ | 10 |
| 1980s | 230.34 billion current US$ | 179.36 billion current US$ | 309.05 billion current US$ | 10 |
| 1990s | 357.53 billion current US$ | 259.70 billion current US$ | 414.81 billion current US$ | 10 |
| 2000s | 593.89 billion current US$ | 468.69 billion current US$ | 693.85 billion current US$ | 10 |
| 2010s | 866.76 billion current US$ | 734.48 billion current US$ | 983.32 billion current US$ | 10 |
| 2020s | 999.08 billion current US$ | 951.55 billion current US$ | 1.05 trillion current US$ | 2 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7547 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 67,946 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.16 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.8172 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 73,574 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.79 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1847 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in United States of America?
- Adjusted savings: education expenditure in United States of America was 1.05 trillion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in United States of America?
- The highest recorded value was 1.05 trillion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in United States of America?
- The lowest recorded value was 80.09 billion current US$ in 1970.
- How does United States of America rank for adjusted savings: education expenditure?
- United States of America ranks 1st out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in United States of America?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is volatile.
- Where does this United States of America 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.