Adjusted savings: education expenditure in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Adjusted savings: education expenditure was 31.19 billion current US$ in 2014. ◆ Volatile
Adjusted savings: education expenditure in Venezuela, Bolivarian Republic of, 1970–2014
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2014, adjusted savings: education expenditure in Venezuela, Bolivarian Republic of stood at 31.19 billion current US$. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 32.8% on the previous year and up 686.8% over ten years.
Over the whole period, adjusted savings: education expenditure in Venezuela, Bolivarian Republic of peaked at 31.19 billion current US$ in 2014 and was at its lowest, 407.75 million current US$, in 1970.
Venezuela, Bolivarian Republic of ranks 24th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Venezuela, Bolivarian Republic of, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 407.75 million current US$ | — |
| 1971 | 453.20 million current US$ | +11.1% |
| 1972 | 553.85 million current US$ | +22.2% |
| 1973 | 686.60 million current US$ | +24.0% |
| 1974 | 891.24 million current US$ | +29.8% |
| 1975 | 1.21 billion current US$ | +36.1% |
| 1976 | 1.26 billion current US$ | +3.9% |
| 1977 | 1.42 billion current US$ | +12.3% |
| 1978 | 1.57 billion current US$ | +10.8% |
| 1979 | 1.93 billion current US$ | +22.8% |
| 1980 | 2.14 billion current US$ | +11.2% |
| 1981 | 2.88 billion current US$ | +34.4% |
| 1982 | 2.78 billion current US$ | -3.3% |
| 1983 | 3.21 billion current US$ | +15.3% |
| 1984 | 2.49 billion current US$ | -22.3% |
| 1985 | 2.45 billion current US$ | -1.7% |
| 1986 | 2.12 billion current US$ | -13.6% |
| 1987 | 2.00 billion current US$ | -5.7% |
| 1988 | 2.22 billion current US$ | +11.3% |
| 1989 | 1.48 billion current US$ | -33.3% |
| 1990 | 1.24 billion current US$ | -16.1% |
| 1991 | 1.88 billion current US$ | +51.2% |
| 1992 | 2.70 billion current US$ | +43.5% |
| 1993 | 2.39 billion current US$ | -11.3% |
| 1994 | 2.83 billion current US$ | +18.2% |
| 1995 | 3.40 billion current US$ | +20.1% |
| 1996 | 3.00 billion current US$ | -11.8% |
| 1997 | 3.63 billion current US$ | +21.2% |
| 1998 | 3.87 billion current US$ | +6.5% |
| 1999 | 4.09 billion current US$ | +5.7% |
| 2000 | 4.76 billion current US$ | +16.6% |
| 2001 | 4.83 billion current US$ | +1.4% |
| 2002 | 3.49 billion current US$ | -27.6% |
| 2003 | 3.06 billion current US$ | -12.4% |
| 2004 | 3.96 billion current US$ | +29.6% |
| 2005 | 5.04 billion current US$ | +27.2% |
| 2006 | 6.20 billion current US$ | +23.0% |
| 2007 | 8.12 billion current US$ | +31.0% |
| 2008 | 15.88 billion current US$ | +95.4% |
| 2009 | 21.39 billion current US$ | +34.7% |
| 2010 | 25.40 billion current US$ | +18.7% |
| 2011 | 20.18 billion current US$ | -20.6% |
| 2012 | 24.28 billion current US$ | +20.3% |
| 2013 | 23.50 billion current US$ | -3.2% |
| 2014 | 31.19 billion current US$ | +32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.04 billion current US$ | 407.75 million current US$ | 1.93 billion current US$ | 10 |
| 1980s | 2.38 billion current US$ | 1.48 billion current US$ | 3.21 billion current US$ | 10 |
| 1990s | 2.90 billion current US$ | 1.24 billion current US$ | 4.09 billion current US$ | 10 |
| 2000s | 7.68 billion current US$ | 3.06 billion current US$ | 21.39 billion current US$ | 10 |
| 2010s | 24.91 billion current US$ | 20.18 billion current US$ | 31.19 billion current US$ | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Gross domestic savings (current US$), annual growth rate -26.74 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1072 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 374.71 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 194.46 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 17.74 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 62,000 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 0.9747 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Venezuela, Bolivarian Republic of?
- Adjusted savings: education expenditure in Venezuela, Bolivarian Republic of was 31.19 billion current US$ in 2014, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 31.19 billion current US$ in 2014.
- What is the lowest adjusted savings: education expenditure recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 407.75 million current US$ in 1970.
- How does Venezuela, Bolivarian Republic of rank for adjusted savings: education expenditure?
- Venezuela, Bolivarian Republic of ranks 24th out of 195 countries with data for 2014.
- Is adjusted savings: education expenditure rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 686.8%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of 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
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.