Adjusted savings: education expenditure in Hong Kong, China
Hong Kong, China: Adjusted savings: education expenditure was 2.8% in 2021. ▲ Rising
Adjusted savings: education expenditure in Hong Kong, China, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: education expenditure in Hong Kong, China is 2.8%, measured in 2021.
That represents a change of up 1.1% over ten years.
Over the whole period, adjusted savings: education expenditure in Hong Kong, China peaked at 3.7% in 2004 and was at its lowest, 1.6%, in 1982.
Hong Kong, China ranks 151st of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in Hong Kong, China, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.1% | — |
| 1971 | 2.0% | -2.5% |
| 1972 | 1.9% | -4.9% |
| 1973 | 2.0% | +0.8% |
| 1974 | 2.1% | +8.7% |
| 1975 | 2.2% | +2.2% |
| 1976 | 2.2% | +2.9% |
| 1977 | 2.1% | -6.7% |
| 1978 | 2.1% | +0.4% |
| 1979 | 2.1% | -1.8% |
| 1980 | 1.9% | -6.5% |
| 1981 | 2.0% | +4.7% |
| 1982 | 1.6% | -23.2% |
| 1983 | 2.3% | +50.8% |
| 1984 | 2.4% | +1.6% |
| 1985 | 2.3% | -3.0% |
| 1986 | 2.3% | +0.7% |
| 1987 | 2.3% | +0.0% |
| 1988 | 2.3% | +0.0% |
| 1989 | 2.2% | -3.8% |
| 1990 | 2.2% | -0.0% |
| 1991 | 2.8% | +23.2% |
| 1992 | 2.5% | -11.0% |
| 1993 | 2.7% | +8.1% |
| 1994 | 2.7% | +0.0% |
| 1995 | 2.8% | +4.5% |
| 1996 | 2.6% | -5.2% |
| 1997 | 2.8% | +5.5% |
| 1998 | 3.1% | +11.0% |
| 1999 | 3.1% | +2.3% |
| 2000 | 3.2% | +2.3% |
| 2001 | 3.3% | +2.2% |
| 2002 | 3.5% | +7.5% |
| 2003 | 3.6% | +1.5% |
| 2004 | 3.7% | +2.4% |
| 2005 | 3.4% | -7.3% |
| 2006 | 3.1% | -9.6% |
| 2007 | 2.9% | -6.5% |
| 2008 | 2.7% | -7.1% |
| 2009 | 2.8% | +6.0% |
| 2010 | 3.0% | +5.8% |
| 2011 | 2.8% | -6.7% |
| 2012 | 2.8% | +1.1% |
| 2013 | 2.8% | +0.0% |
| 2014 | 2.8% | +0.0% |
| 2015 | 2.8% | +0.0% |
| 2016 | 2.8% | +0.0% |
| 2017 | 2.8% | +0.0% |
| 2018 | 2.8% | +0.0% |
| 2019 | 2.8% | +0.0% |
| 2020 | 2.8% | +0.0% |
| 2021 | 2.8% | +0.0% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 2.8% is below the median for high income countries, which is 4.4%, 64% of the median. (74 countries reporting)
- Hong Kong, China's 2.8% is below the median for East Asia & Pacific, which is 3.9%, 73% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure in Hong Kong, China 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 |
|---|---|---|---|
| 1983 | +50.8% | 1.6% | 2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 1.9% | 2.2% | 10 |
| 1980s | 2.2% | 1.6% | 2.4% | 10 |
| 1990s | 2.7% | 2.2% | 3.1% | 10 |
| 2000s | 3.2% | 2.7% | 3.7% | 10 |
| 2010s | 2.8% | 2.8% | 3.0% | 10 |
| 2020s | 2.8% | 2.8% | 2.8% | 2 |
Countries ranked near Hong Kong, China
More economy & growth data for Hong Kong, China
- Foreign direct investment, net outflows (BoP, current US$), gaps 80.54 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1972 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10,704 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 125.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.14 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3081 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16,722 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 0.3594 % change on previous year (2023)
- Total reserves (includes gold, current US$), per unit of GDP 1.12 includes gold, current US$ per US$ of GDP (2023)
- Total reserves (includes gold, current US$), per capita 56,469 includes gold, current US$ per person (2023)
Frequently asked questions
- What is adjusted savings: education expenditure in Hong Kong, China?
- Adjusted savings: education expenditure in Hong Kong, China was 2.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Hong Kong, China?
- The highest recorded value was 3.7% in 2004.
- What is the lowest adjusted savings: education expenditure recorded in Hong Kong, China?
- The lowest recorded value was 1.6% in 1982.
- How does Hong Kong, China rank for adjusted savings: education expenditure?
- Hong Kong, China ranks 151st out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Hong Kong, China?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China 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.
Download this data
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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.