Adjusted savings: education expenditure in Cuba
Cuba: Adjusted savings: education expenditure was 13.0% in 2021. ▲ Rising
Adjusted savings: education expenditure in Cuba, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in Cuba stood at 13.0%.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, adjusted savings: education expenditure in Cuba peaked at 14.0% in 2008 and was at its lowest, 4.9%, in 1996.
Cuba ranks 2nd of 200 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in Cuba, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 6.4% | — |
| 1971 | 6.4% | +0.0% |
| 1972 | 6.4% | +0.0% |
| 1973 | 6.4% | +0.0% |
| 1974 | 6.4% | +0.0% |
| 1975 | 6.4% | +0.0% |
| 1976 | 6.4% | +0.0% |
| 1977 | 6.4% | +0.0% |
| 1978 | 6.6% | +2.4% |
| 1979 | 6.5% | -1.5% |
| 1980 | 7.6% | +16.9% |
| 1981 | 7.4% | -2.6% |
| 1982 | 7.6% | +2.7% |
| 1983 | 6.7% | -11.8% |
| 1984 | 6.8% | +1.5% |
| 1985 | 6.9% | +1.5% |
| 1986 | 7.4% | +7.2% |
| 1987 | 7.1% | -4.1% |
| 1988 | 6.5% | -8.5% |
| 1989 | 6.4% | -1.5% |
| 1990 | 6.1% | -4.7% |
| 1991 | 6.9% | +13.1% |
| 1992 | 7.2% | +4.3% |
| 1993 | 6.9% | -4.2% |
| 1994 | 5.7% | -17.4% |
| 1995 | 5.1% | -10.5% |
| 1996 | 4.9% | -3.9% |
| 1997 | 6.1% | +24.4% |
| 1998 | 7.1% | +16.4% |
| 1999 | 7.2% | +1.3% |
| 2000 | 7.3% | +1.3% |
| 2001 | 7.5% | +3.2% |
| 2002 | 8.1% | +8.4% |
| 2003 | 8.6% | +5.2% |
| 2004 | 9.0% | +5.0% |
| 2005 | 9.2% | +2.2% |
| 2006 | 8.1% | -11.8% |
| 2007 | 11.7% | +44.3% |
| 2008 | 14.0% | +19.7% |
| 2009 | 13.3% | -5.3% |
| 2010 | 13.0% | -2.0% |
| 2011 | 13.0% | +0.0% |
| 2012 | 13.0% | +0.0% |
| 2013 | 13.0% | +0.0% |
| 2014 | 13.0% | +0.0% |
| 2015 | 13.0% | +0.0% |
| 2016 | 13.0% | +0.0% |
| 2017 | 13.0% | +0.0% |
| 2018 | 13.0% | +0.0% |
| 2019 | 13.0% | +0.0% |
| 2020 | 13.0% | +0.0% |
| 2021 | 13.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.5% | 6.4% | 6.6% | 10 |
| 1980s | 7.0% | 6.4% | 7.6% | 10 |
| 1990s | 6.3% | 4.9% | 7.2% | 10 |
| 2000s | 9.7% | 7.3% | 14.0% | 10 |
| 2010s | 13.0% | 13.0% | 13.0% | 10 |
| 2020s | 13.0% | 13.0% | 13.0% | 2 |
Countries ranked near Cuba
- 1 Micronesia, Federated States of 23.6% compare
- 3 Marshall Islands 12.7% compare
- 4 American Samoa 11.8% compare
- 5 Solomon Islands 9.9% compare
More economy & growth data for Cuba
- Gross capital formation (constant 2015 US$), annual growth rate 3.31 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0801 constant 2015 US$ per US$ of GDP (2020)
- Gross capital formation (constant 2015 US$), per capita 775.66 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -26.47 % change on previous year (2020)
- Imports of goods and services (current US$), per unit of GDP 0.0751 current US$ per US$ of GDP (2020)
- Imports of goods and services (current US$), per capita 721.79 current US$ per person (2020)
- Imports of goods and services (current LCU), annual growth rate 43.89 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.0751 current LCU per US$ of GDP (2020)
- Imports of goods and services (current LCU), per capita 81,399 current LCU per person (2024)
- Imports of goods and services (constant 2015 US$), annual growth rate -1.34 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Cuba?
- Adjusted savings: education expenditure in Cuba was 13.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Cuba?
- The highest recorded value was 14.0% in 2008.
- What is the lowest adjusted savings: education expenditure recorded in Cuba?
- The lowest recorded value was 4.9% in 1996.
- How does Cuba rank for adjusted savings: education expenditure?
- Cuba ranks 2nd out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Cuba?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.