Adjusted savings: education expenditure in Guyana
Guyana: Adjusted savings: education expenditure was 2.9% in 2021. ▼ Falling
Adjusted savings: education expenditure in Guyana, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in Guyana stood at 2.9%. That is the lowest value across all 52 years on record.
Compared with earlier readings it is down 7.0% over ten years.
Over the whole period, adjusted savings: education expenditure in Guyana peaked at 8.4% in 1983 and was at its lowest, 2.9%, in 2012.
Guyana ranks 145th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Adjusted savings: education expenditure in Guyana, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.9% | — |
| 1971 | 3.7% | -5.1% |
| 1972 | 3.9% | +5.3% |
| 1973 | 5.4% | +38.6% |
| 1974 | 3.9% | -27.8% |
| 1975 | 3.9% | +0.1% |
| 1976 | 5.9% | +50.2% |
| 1977 | 6.7% | +14.4% |
| 1978 | 5.9% | -12.6% |
| 1979 | 6.9% | +17.8% |
| 1980 | 5.9% | -15.1% |
| 1981 | 7.8% | +33.1% |
| 1982 | 7.5% | -3.8% |
| 1983 | 8.4% | +12.0% |
| 1984 | 8.1% | -3.6% |
| 1985 | 8.1% | +0.0% |
| 1986 | 5.7% | -29.6% |
| 1987 | 5.7% | +0.0% |
| 1988 | 5.7% | +0.0% |
| 1989 | 5.7% | +0.0% |
| 1990 | 5.7% | +0.0% |
| 1991 | 5.7% | +0.0% |
| 1992 | 5.7% | +0.0% |
| 1993 | 5.7% | +0.0% |
| 1994 | 3.1% | -45.6% |
| 1995 | 3.1% | +0.0% |
| 1996 | 3.3% | +7.8% |
| 1997 | 3.3% | +0.0% |
| 1998 | 5.5% | +64.9% |
| 1999 | 6.1% | +9.8% |
| 2000 | 6.6% | +8.9% |
| 2001 | 7.1% | +8.2% |
| 2002 | 7.7% | +7.6% |
| 2003 | 6.5% | -15.2% |
| 2004 | 5.3% | -17.9% |
| 2005 | 7.8% | +45.2% |
| 2006 | 4.8% | -38.5% |
| 2007 | 3.5% | -27.4% |
| 2008 | 3.3% | -4.8% |
| 2009 | 3.1% | -5.0% |
| 2010 | 3.4% | +7.6% |
| 2011 | 3.1% | -7.1% |
| 2012 | 2.9% | -7.0% |
| 2013 | 2.9% | +0.0% |
| 2014 | 2.9% | +0.0% |
| 2015 | 2.9% | +0.0% |
| 2016 | 2.9% | +0.0% |
| 2017 | 2.9% | +0.0% |
| 2018 | 2.9% | +0.0% |
| 2019 | 2.9% | +0.0% |
| 2020 | 2.9% | +0.0% |
| 2021 | 2.9% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.0% | 3.7% | 6.9% | 10 |
| 1980s | 6.9% | 5.7% | 8.4% | 10 |
| 1990s | 4.7% | 3.1% | 6.1% | 10 |
| 2000s | 5.6% | 3.1% | 7.8% | 10 |
| 2010s | 3.0% | 2.9% | 3.4% | 10 |
| 2020s | 2.9% | 2.9% | 2.9% | 2 |
Countries ranked near Guyana
More economy & growth data for Guyana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 11.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 11.93 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 43.79 % change on previous year (2005)
- Gross capital formation (current US$), per unit of GDP 0.3233 current US$ per US$ of GDP (2005)
- Gross capital formation (current US$), per capita 350.52 current US$ per person (2005)
- Gross capital formation (current LCU), annual growth rate 44.92 % change on previous year (2005)
- Gross capital formation (current LCU), per unit of GDP 64.63 current LCU per US$ of GDP (2005)
- Gross capital formation (current LCU), per capita 70,060 current LCU per person (2005)
- Imports of goods and services (current US$), annual growth rate 9.25 % change on previous year (2005)
- Imports of goods and services (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2005)
Frequently asked questions
- What is adjusted savings: education expenditure in Guyana?
- Adjusted savings: education expenditure in Guyana was 2.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Guyana?
- The highest recorded value was 8.4% in 1983.
- What is the lowest adjusted savings: education expenditure recorded in Guyana?
- The lowest recorded value was 2.9% in 2012.
- How does Guyana rank for adjusted savings: education expenditure?
- Guyana ranks 145th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Guyana?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is falling.
- Where does this Guyana 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.