Adjusted savings: education expenditure in High income
High income: Adjusted savings: education expenditure was 4.4% in 2021. ▼ Falling
Adjusted savings: education expenditure in High income, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in High income stood at 4.4%.
Compared with earlier readings it is up 0.6% on the previous year and down 4.2% over ten years.
Over the whole period, adjusted savings: education expenditure in High income peaked at 5.5% in 1970 and was at its lowest, 4.1%, in 1999.
That places High income 14th out of 47 groups with data for 2021, putting it 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 High income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 5.5% | — |
| 1971 | 5.2% | -5.6% |
| 1972 | 5.1% | -1.5% |
| 1973 | 5.0% | -3.6% |
| 1974 | 4.9% | -0.9% |
| 1975 | 5.2% | +5.8% |
| 1976 | 5.3% | +1.3% |
| 1977 | 5.1% | -2.5% |
| 1978 | 5.0% | -2.3% |
| 1979 | 4.9% | -3.0% |
| 1980 | 4.8% | -0.5% |
| 1981 | 5.0% | +3.5% |
| 1982 | 5.0% | +0.3% |
| 1983 | 5.1% | +1.6% |
| 1984 | 5.3% | +4.4% |
| 1985 | 5.2% | -2.9% |
| 1986 | 4.3% | -16.9% |
| 1987 | 5.1% | +17.8% |
| 1988 | 4.3% | -15.5% |
| 1989 | 4.2% | -1.9% |
| 1990 | 4.2% | +0.4% |
| 1991 | 4.3% | +1.2% |
| 1992 | 4.6% | +7.1% |
| 1993 | 4.6% | -0.1% |
| 1994 | 4.7% | +3.5% |
| 1995 | 4.5% | -5.2% |
| 1996 | 4.5% | +0.3% |
| 1997 | 4.5% | +1.3% |
| 1998 | 4.1% | -9.1% |
| 1999 | 4.1% | -0.7% |
| 2000 | 4.2% | +1.6% |
| 2001 | 4.3% | +3.4% |
| 2002 | 4.4% | +1.4% |
| 2003 | 4.5% | +2.5% |
| 2004 | 4.4% | -2.4% |
| 2005 | 4.3% | -1.9% |
| 2006 | 4.4% | +1.9% |
| 2007 | 4.3% | -0.8% |
| 2008 | 4.4% | +1.5% |
| 2009 | 4.5% | +2.8% |
| 2010 | 4.6% | +1.5% |
| 2011 | 4.6% | +0.1% |
| 2012 | 4.5% | -2.9% |
| 2013 | 4.8% | +8.2% |
| 2014 | 4.8% | -0.5% |
| 2015 | 4.4% | -7.7% |
| 2016 | 4.4% | -1.8% |
| 2017 | 4.4% | +1.6% |
| 2018 | 4.4% | -1.6% |
| 2019 | 4.4% | +0.5% |
| 2020 | 4.4% | -0.0% |
| 2021 | 4.4% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1% | 4.9% | 5.5% | 10 |
| 1980s | 4.8% | 4.2% | 5.3% | 10 |
| 1990s | 4.4% | 4.1% | 4.7% | 10 |
| 2000s | 4.4% | 4.2% | 4.5% | 10 |
| 2010s | 4.5% | 4.4% | 4.8% | 10 |
| 2020s | 4.4% | 4.4% | 4.4% | 2 |
Countries ranked near High income
- 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
- 16 Sweden 7.1% compare
- 17 Eswatini 7.1% compare
More economy & growth data for High income
- Final consumption expenditure (current US$), per unit of GDP 0.7606 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), annual growth rate 4.57 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 24,947 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.49 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.13 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 42,653 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 42,382 current US$ per person (2021)
- GDP (current US$), annual growth rate 6.5 % change on previous year (2025)
- GDP (current US$), per capita 53,997 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.91 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in High income?
- Adjusted savings: education expenditure in High income was 4.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in High income?
- The highest recorded value was 5.5% in 1970.
- What is the lowest adjusted savings: education expenditure recorded in High income?
- The lowest recorded value was 4.1% in 1999.
- How does High income rank for adjusted savings: education expenditure?
- High income ranks 14th out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in High income?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is falling.
- Where does this High income 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.