Adjusted savings: education expenditure in European Union
European Union: Adjusted savings: education expenditure was 4.6% in 2021. ▲ Rising
Adjusted savings: education expenditure in European Union, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: education expenditure in European Union is 4.6%, measured in 2021.
That represents a change of down 3.2% over ten years.
Over the whole period, adjusted savings: education expenditure in European Union peaked at 4.9% in 2009 and was at its lowest, 3.6%, in 1971.
European Union ranks 11th 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 European Union, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.7% | — |
| 1971 | 3.6% | -2.3% |
| 1972 | 3.7% | +2.0% |
| 1973 | 3.6% | -0.9% |
| 1974 | 3.9% | +7.3% |
| 1975 | 4.1% | +4.5% |
| 1976 | 4.1% | +0.1% |
| 1977 | 4.1% | +0.3% |
| 1978 | 4.1% | +0.5% |
| 1979 | 4.1% | -0.6% |
| 1980 | 4.1% | +1.2% |
| 1981 | 4.3% | +3.7% |
| 1982 | 4.3% | +1.0% |
| 1983 | 4.3% | +0.4% |
| 1984 | 4.4% | +0.3% |
| 1985 | 4.4% | +0.3% |
| 1986 | 4.3% | -1.3% |
| 1987 | 4.4% | +1.1% |
| 1988 | 4.3% | -1.5% |
| 1989 | 4.1% | -4.6% |
| 1990 | 4.0% | -1.7% |
| 1991 | 4.1% | +0.6% |
| 1992 | 4.3% | +6.9% |
| 1993 | 4.6% | +6.4% |
| 1994 | 4.7% | +2.6% |
| 1995 | 4.7% | -1.1% |
| 1996 | 4.8% | +1.8% |
| 1997 | 4.9% | +2.1% |
| 1998 | 4.5% | -6.7% |
| 1999 | 4.5% | -0.9% |
| 2000 | 4.5% | -0.7% |
| 2001 | 4.6% | +2.2% |
| 2002 | 4.5% | -0.6% |
| 2003 | 4.6% | +1.7% |
| 2004 | 4.6% | -0.6% |
| 2005 | 4.5% | -1.2% |
| 2006 | 4.5% | -0.1% |
| 2007 | 4.5% | -1.5% |
| 2008 | 4.6% | +2.8% |
| 2009 | 4.9% | +6.8% |
| 2010 | 4.9% | -0.9% |
| 2011 | 4.8% | -2.0% |
| 2012 | 4.8% | +1.2% |
| 2013 | 4.8% | -1.2% |
| 2014 | 4.7% | -0.8% |
| 2015 | 4.7% | -0.6% |
| 2016 | 4.7% | -0.8% |
| 2017 | 4.6% | -0.5% |
| 2018 | 4.6% | -0.3% |
| 2019 | 4.6% | -0.4% |
| 2020 | 4.6% | +0.3% |
| 2021 | 4.6% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.9% | 3.6% | 4.1% | 10 |
| 1980s | 4.3% | 4.1% | 4.4% | 10 |
| 1990s | 4.5% | 4.0% | 4.9% | 10 |
| 2000s | 4.6% | 4.5% | 4.9% | 10 |
| 2010s | 4.7% | 4.6% | 4.9% | 10 |
| 2020s | 4.6% | 4.6% | 4.6% | 2 |
Countries ranked near European Union
- 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
- 13 Saudi Arabia 7.2% compare
- 14 Iceland 7.2% compare
More economy & growth data for European Union
- Exports of goods and services (current US$), per capita 23,360 current US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.67 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,514 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3932 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 164.14 BoP, current US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
- General government final consumption expenditure (current US$) 9.74 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 33,955 constant 2015 US$ per person (2025)
- Exports of goods and services (current US$), annual growth rate 7.29 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0035 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in European Union?
- Adjusted savings: education expenditure in European Union was 4.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in European Union?
- The highest recorded value was 4.9% in 2009.
- What is the lowest adjusted savings: education expenditure recorded in European Union?
- The lowest recorded value was 3.6% in 1971.
- How does European Union rank for adjusted savings: education expenditure?
- European Union ranks 11th out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in European Union?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is rising.
- Where does this European Union 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.