Adjusted savings: education expenditure in IBRD only
IBRD only: Adjusted savings: education expenditure was 2.9% in 2021. ▲ Rising
Adjusted savings: education expenditure in IBRD only, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: education expenditure in IBRD only is 2.9%, measured in 2021.
Compared with earlier readings it is down 0.8% on the previous year and down 14.5% over ten years.
Over the whole period, adjusted savings: education expenditure in IBRD only peaked at 3.5% in 1998 and was at its lowest, 2.6%, in 1973.
IBRD only ranks 30th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in IBRD only, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.7% | — |
| 1971 | 2.6% | -4.3% |
| 1972 | 2.7% | +3.4% |
| 1973 | 2.6% | -3.8% |
| 1974 | 2.7% | +3.9% |
| 1975 | 2.7% | +0.4% |
| 1976 | 2.9% | +7.3% |
| 1977 | 2.8% | -3.2% |
| 1978 | 3.1% | +8.1% |
| 1979 | 3.1% | +1.2% |
| 1980 | 3.0% | -1.7% |
| 1981 | 3.3% | +7.9% |
| 1982 | 3.4% | +2.9% |
| 1983 | 3.1% | -8.8% |
| 1984 | 2.9% | -6.1% |
| 1985 | 2.9% | -0.8% |
| 1986 | 3.0% | +5.5% |
| 1987 | 3.1% | +1.7% |
| 1988 | 3.1% | +0.5% |
| 1989 | 3.2% | +4.2% |
| 1990 | 3.3% | +1.6% |
| 1991 | 3.2% | -2.4% |
| 1992 | 3.3% | +3.5% |
| 1993 | 3.3% | -1.0% |
| 1994 | 3.4% | +4.7% |
| 1995 | 3.3% | -3.9% |
| 1996 | 3.4% | +2.0% |
| 1997 | 3.5% | +3.7% |
| 1998 | 3.5% | +0.8% |
| 1999 | 3.4% | -4.3% |
| 2000 | 3.4% | +1.1% |
| 2001 | 3.5% | +1.4% |
| 2002 | 3.4% | -2.5% |
| 2003 | 3.4% | +0.6% |
| 2004 | 3.3% | -1.6% |
| 2005 | 3.4% | +1.7% |
| 2006 | 3.4% | -0.7% |
| 2007 | 3.3% | -1.0% |
| 2008 | 3.4% | +1.1% |
| 2009 | 3.4% | +1.9% |
| 2010 | 3.4% | +0.1% |
| 2011 | 3.4% | -0.4% |
| 2012 | 3.4% | -1.8% |
| 2013 | 3.3% | -1.9% |
| 2014 | 3.3% | -1.3% |
| 2015 | 3.1% | -3.9% |
| 2016 | 3.1% | -0.8% |
| 2017 | 3.2% | +1.3% |
| 2018 | 3.1% | -3.2% |
| 2019 | 3.0% | -0.5% |
| 2020 | 3.0% | -2.6% |
| 2021 | 2.9% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.8% | 2.6% | 3.1% | 10 |
| 1980s | 3.1% | 2.9% | 3.4% | 10 |
| 1990s | 3.4% | 3.2% | 3.5% | 10 |
| 2000s | 3.4% | 3.3% | 3.5% | 10 |
| 2010s | 3.2% | 3.0% | 3.4% | 10 |
| 2020s | 2.9% | 2.9% | 3.0% | 2 |
Countries ranked near IBRD only
More economy & growth data for IBRD only
- Agriculture, forestry, and fishing, value added 2.96 trillion constant 2015 US$ (2025)
- Gross capital formation 32.4% (2024)
- Imports of goods and services 10.56 trillion current US$ (2025)
- Imports of goods and services 24.5% (2025)
- External balance on goods and services 1.6% (2025)
- Trade 49.3% (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9067 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 13.90 trillion current US$ (2025)
- Industry (including construction), value added 3.9% (2025)
- Industry (including construction), value added 13.07 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in IBRD only?
- Adjusted savings: education expenditure in IBRD only was 2.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in IBRD only?
- The highest recorded value was 3.5% in 1998.
- What is the lowest adjusted savings: education expenditure recorded in IBRD only?
- The lowest recorded value was 2.6% in 1973.
- How does IBRD only rank for adjusted savings: education expenditure?
- IBRD only ranks 30th out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in IBRD only?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is rising.
- Where does this IBRD only 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.