Adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Adjusted savings: education expenditure was 4.2% in 2021. ▲ Rising
Adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries), 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries) stood at 4.2%. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 0.1% on the previous year and up 9.7% over ten years.
Over the whole period, adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries) peaked at 4.2% in 2021 and was at its lowest, 1.8%, in 1987.
That places Europe & Central Asia (IDA & IBRD countries) 17th out of 47 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.9% | — |
| 1971 | 1.9% | +0.0% |
| 1972 | 1.9% | +0.0% |
| 1973 | 1.9% | +0.0% |
| 1974 | 1.9% | +0.0% |
| 1975 | 1.9% | +0.0% |
| 1976 | 1.9% | +0.0% |
| 1977 | 1.9% | +0.0% |
| 1978 | 3.5% | +88.3% |
| 1979 | 2.6% | -25.7% |
| 1980 | 2.2% | -15.1% |
| 1981 | 2.3% | +5.2% |
| 1982 | 2.0% | -13.8% |
| 1983 | 2.6% | +29.2% |
| 1984 | 2.2% | -15.9% |
| 1985 | 2.0% | -7.9% |
| 1986 | 2.0% | -2.4% |
| 1987 | 1.8% | -9.9% |
| 1988 | 3.5% | +100.5% |
| 1989 | 3.4% | -4.0% |
| 1990 | 3.7% | +10.0% |
| 1991 | 3.8% | +1.4% |
| 1992 | 3.9% | +2.5% |
| 1993 | 3.9% | +1.2% |
| 1994 | 4.2% | +6.3% |
| 1995 | 3.7% | -10.0% |
| 1996 | 4.0% | +7.4% |
| 1997 | 4.0% | -0.8% |
| 1998 | 3.7% | -7.4% |
| 1999 | 3.5% | -5.4% |
| 2000 | 3.4% | -1.6% |
| 2001 | 3.7% | +8.9% |
| 2002 | 3.7% | -2.0% |
| 2003 | 3.6% | -0.7% |
| 2004 | 3.7% | +1.8% |
| 2005 | 3.7% | +0.4% |
| 2006 | 3.7% | -0.9% |
| 2007 | 3.7% | -0.1% |
| 2008 | 3.8% | +2.0% |
| 2009 | 3.9% | +2.5% |
| 2010 | 3.9% | +0.8% |
| 2011 | 3.9% | -0.6% |
| 2012 | 3.9% | +0.7% |
| 2013 | 3.9% | -0.2% |
| 2014 | 3.9% | +1.1% |
| 2015 | 3.8% | -2.3% |
| 2016 | 3.9% | +1.6% |
| 2017 | 4.1% | +5.5% |
| 2018 | 4.1% | -0.2% |
| 2019 | 4.2% | +3.0% |
| 2020 | 4.2% | +0.1% |
| 2021 | 4.2% | +0.1% |
Biggest year-on-year movements
Years where Adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +100.5% | 1.8% | 3.5% |
| 1978 | +88.3% | 1.9% | 3.5% |
| 1983 | +29.2% | 2.0% | 2.6% |
| 1979 | -25.7% | 3.5% | 2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 1.9% | 3.5% | 10 |
| 1980s | 2.4% | 1.8% | 3.5% | 10 |
| 1990s | 3.8% | 3.5% | 4.2% | 10 |
| 2000s | 3.7% | 3.4% | 3.9% | 10 |
| 2010s | 4.0% | 3.8% | 4.2% | 10 |
| 2020s | 4.2% | 4.2% | 4.2% | 2 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 14 Iceland 7.2% compare
- 15 Sierra Leone 7.1% compare
- 16 Sweden 7.1% compare
- 17 Eswatini 7.1% compare
- 18 Papua New Guinea 6.9% compare
- 19 Costa Rica 6.9% compare
- 20 Norway 6.7% compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- General government final consumption expenditure (constant 2015 US$) 0.1103 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 74.58 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.09 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 8,599 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.562 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.61 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 17.66 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1,688 constant 2015 US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 161.23 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1823 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries)?
- Adjusted savings: education expenditure in Europe & Central Asia (IDA & IBRD countries) was 4.2% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 4.2% in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 1.8% in 1987.
- How does Europe & Central Asia (IDA & IBRD countries) rank for adjusted savings: education expenditure?
- Europe & Central Asia (IDA & IBRD countries) ranks 17th out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.