Adjusted savings: education expenditure in Europe & Central Asia
Europe & Central Asia: Adjusted savings: education expenditure was 4.7% in 2021. ▲ Rising
Adjusted savings: education expenditure in Europe & Central Asia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in Europe & Central Asia stood at 4.7%.
That represents a change of up 0.2% on the previous year and down 0.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Europe & Central Asia peaked at 4.9% in 1997 and was at its lowest, 3.7%, in 1971.
That places Europe & Central Asia 9th out of 47 groups with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in Europe & Central Asia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.8% | — |
| 1971 | 3.7% | -1.7% |
| 1972 | 3.8% | +1.7% |
| 1973 | 3.8% | +0.2% |
| 1974 | 4.0% | +5.1% |
| 1975 | 4.2% | +7.0% |
| 1976 | 4.2% | +0.3% |
| 1977 | 4.2% | -0.4% |
| 1978 | 4.2% | +0.5% |
| 1979 | 4.2% | -1.6% |
| 1980 | 4.2% | +1.2% |
| 1981 | 4.4% | +3.5% |
| 1982 | 4.4% | +0.2% |
| 1983 | 4.4% | +0.3% |
| 1984 | 4.4% | -0.9% |
| 1985 | 4.3% | -0.4% |
| 1986 | 4.3% | -1.1% |
| 1987 | 4.3% | +0.6% |
| 1988 | 4.2% | -1.8% |
| 1989 | 4.1% | -4.1% |
| 1990 | 4.0% | -0.7% |
| 1991 | 4.1% | +1.4% |
| 1992 | 4.4% | +6.3% |
| 1993 | 4.7% | +7.3% |
| 1994 | 4.8% | +2.4% |
| 1995 | 4.7% | -1.8% |
| 1996 | 4.7% | +1.0% |
| 1997 | 4.9% | +2.6% |
| 1998 | 4.4% | -9.4% |
| 1999 | 4.3% | -1.5% |
| 2000 | 4.3% | -1.3% |
| 2001 | 4.4% | +2.3% |
| 2002 | 4.5% | +1.9% |
| 2003 | 4.6% | +1.9% |
| 2004 | 4.5% | -1.1% |
| 2005 | 4.5% | -0.1% |
| 2006 | 4.5% | -0.7% |
| 2007 | 4.4% | -0.7% |
| 2008 | 4.5% | +1.9% |
| 2009 | 4.8% | +5.9% |
| 2010 | 4.8% | +0.1% |
| 2011 | 4.7% | -2.5% |
| 2012 | 4.7% | +1.4% |
| 2013 | 4.7% | -1.0% |
| 2014 | 4.7% | +0.4% |
| 2015 | 4.7% | -0.4% |
| 2016 | 4.7% | -0.5% |
| 2017 | 4.7% | +0.1% |
| 2018 | 4.6% | -0.8% |
| 2019 | 4.6% | +0.1% |
| 2020 | 4.7% | +0.1% |
| 2021 | 4.7% | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.0% | 3.7% | 4.2% | 10 |
| 1980s | 4.3% | 4.1% | 4.4% | 10 |
| 1990s | 4.5% | 4.0% | 4.9% | 10 |
| 2000s | 4.5% | 4.3% | 4.8% | 10 |
| 2010s | 4.7% | 4.6% | 4.8% | 10 |
| 2020s | 4.7% | 4.7% | 4.7% | 2 |
Countries ranked near Europe & Central Asia
- 6 Botswana 9.5% compare
- 7 United States Virgin Islands 9.4% compare
- 8 Namibia 8.9% compare
- 9 Puerto Rico 8.6% compare
- 10 Guam 8.3% compare
- 11 Djibouti 7.8% compare
- 12 New Zealand 7.4% compare
More economy & growth data for Europe & Central Asia
- General government final consumption expenditure (current US$), per 0.2059 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 18,580 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5369 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 10.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 5,268 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1522 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.58 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 7,127 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Europe & Central Asia?
- Adjusted savings: education expenditure in Europe & Central Asia was 4.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Europe & Central Asia?
- The highest recorded value was 4.9% in 1997.
- What is the lowest adjusted savings: education expenditure recorded in Europe & Central Asia?
- The lowest recorded value was 3.7% in 1971.
- How does Europe & Central Asia rank for adjusted savings: education expenditure?
- Europe & Central Asia ranks 9th out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Europe & Central Asia?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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.