Adjusted savings: education expenditure in Euro area
Euro area: Adjusted savings: education expenditure was 4.5% in 2021. ▲ Rising
Adjusted savings: education expenditure in Euro area, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Euro area recorded 4.5% for adjusted savings: education expenditure in 2021.
The figure is down 0.1% on the previous year and down 3.6% over ten years.
Over the whole period, adjusted savings: education expenditure in Euro area peaked at 4.8% in 2009 and was at its lowest, 3.4%, in 1971.
Euro area ranks 12th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in Euro area, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.5% | — |
| 1971 | 3.4% | -1.9% |
| 1972 | 3.5% | +1.9% |
| 1973 | 3.5% | -0.8% |
| 1974 | 3.8% | +8.4% |
| 1975 | 3.9% | +4.6% |
| 1976 | 3.9% | -0.2% |
| 1977 | 4.0% | +1.1% |
| 1978 | 4.0% | +0.1% |
| 1979 | 4.0% | -0.1% |
| 1980 | 4.0% | +0.8% |
| 1981 | 4.2% | +3.5% |
| 1982 | 4.2% | +1.3% |
| 1983 | 4.2% | +0.5% |
| 1984 | 4.2% | +0.4% |
| 1985 | 4.3% | +0.5% |
| 1986 | 4.2% | -1.2% |
| 1987 | 4.3% | +1.2% |
| 1988 | 4.2% | -1.6% |
| 1989 | 4.0% | -4.1% |
| 1990 | 3.9% | -2.9% |
| 1991 | 4.0% | +1.3% |
| 1992 | 4.2% | +7.1% |
| 1993 | 4.5% | +6.8% |
| 1994 | 4.6% | +0.5% |
| 1995 | 4.5% | -0.9% |
| 1996 | 4.5% | +0.7% |
| 1997 | 4.7% | +2.4% |
| 1998 | 4.4% | -5.9% |
| 1999 | 4.4% | -0.5% |
| 2000 | 4.3% | -1.1% |
| 2001 | 4.4% | +2.5% |
| 2002 | 4.4% | -0.7% |
| 2003 | 4.5% | +1.9% |
| 2004 | 4.4% | -1.0% |
| 2005 | 4.4% | -1.1% |
| 2006 | 4.4% | +0.5% |
| 2007 | 4.4% | -1.0% |
| 2008 | 4.5% | +3.3% |
| 2009 | 4.8% | +6.8% |
| 2010 | 4.8% | -0.9% |
| 2011 | 4.7% | -2.2% |
| 2012 | 4.7% | +1.2% |
| 2013 | 4.6% | -2.1% |
| 2014 | 4.6% | -0.4% |
| 2015 | 4.6% | -1.1% |
| 2016 | 4.5% | -0.9% |
| 2017 | 4.5% | -0.0% |
| 2018 | 4.5% | +0.3% |
| 2019 | 4.5% | -0.7% |
| 2020 | 4.5% | +0.2% |
| 2021 | 4.5% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | 3.4% | 4.0% | 10 |
| 1980s | 4.2% | 4.0% | 4.3% | 10 |
| 1990s | 4.4% | 3.9% | 4.7% | 10 |
| 2000s | 4.4% | 4.3% | 4.8% | 10 |
| 2010s | 4.6% | 4.5% | 4.8% | 10 |
| 2020s | 4.5% | 4.5% | 4.5% | 2 |
Countries ranked near Euro area
- 9 Puerto Rico 8.6% compare
- 10 Guam 8.3% compare
- 11 Djibouti 7.8% compare
- 12 New Zealand 7.4% compare
- 13 Saudi Arabia 7.2% compare
- 14 Iceland 7.2% compare
- 15 Sierra Leone 7.1% compare
More economy & growth data for Euro area
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3841 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7299 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 36,649 constant 2015 US$ per person (2025)
- Exports of goods and services (current US$), annual growth rate 7.1 % change on previous year (2025)
- Exports of goods and services (current US$), per unit of GDP 0.4857 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per capita 24,389 current US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.12 % change on previous year (2025)
- Gross fixed capital formation (current US$), per capita 10,635 current US$ per person (2025)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.1595 constant 2015 US$ per US$ of GDP (2025)
- Gross fixed capital formation (constant 2015 US$), annual growth rate 2.94 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Euro area?
- Adjusted savings: education expenditure in Euro area was 4.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Euro area?
- The highest recorded value was 4.8% in 2009.
- What is the lowest adjusted savings: education expenditure recorded in Euro area?
- The lowest recorded value was 3.4% in 1971.
- How does Euro area rank for adjusted savings: education expenditure?
- Euro area ranks 12th out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Euro area?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Euro area 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.