Adjusted savings: education expenditure in Least developed countries
Least developed countries: Adjusted savings: education expenditure was 2.4% in 2021. ▲ Rising
Adjusted savings: education expenditure in Least developed countries, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: education expenditure in Least developed countries is 2.4%, measured in 2021.
Compared with earlier readings it is up 0.6% on the previous year and down 13.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Least developed countries peaked at 2.8% in 2014 and was at its lowest, 2.0%, in 2000.
Least developed countries ranks 42nd of 47 groups 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 Least developed countries, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.4% | — |
| 1971 | 2.5% | +3.6% |
| 1972 | 2.5% | +1.6% |
| 1973 | 2.2% | -11.5% |
| 1974 | 2.2% | -1.9% |
| 1975 | 2.1% | -4.0% |
| 1976 | 2.3% | +9.0% |
| 1977 | 2.3% | -0.2% |
| 1978 | 2.4% | +4.0% |
| 1979 | 2.4% | +0.8% |
| 1980 | 2.4% | +1.5% |
| 1981 | 2.4% | -0.0% |
| 1982 | 2.4% | -0.3% |
| 1983 | 2.2% | -7.8% |
| 1984 | 2.1% | -4.1% |
| 1985 | 2.2% | +2.6% |
| 1986 | 2.4% | +8.0% |
| 1987 | 2.4% | -0.2% |
| 1988 | 2.3% | -3.2% |
| 1989 | 2.3% | -0.8% |
| 1990 | 2.3% | +2.9% |
| 1991 | 2.4% | +2.6% |
| 1992 | 2.5% | +2.7% |
| 1993 | 2.4% | -2.2% |
| 1994 | 2.4% | -1.0% |
| 1995 | 2.3% | -2.3% |
| 1996 | 2.1% | -8.0% |
| 1997 | 2.1% | +0.6% |
| 1998 | 2.0% | -5.4% |
| 1999 | 2.0% | -1.5% |
| 2000 | 2.0% | -1.8% |
| 2001 | 2.1% | +7.3% |
| 2002 | 2.2% | +2.4% |
| 2003 | 2.4% | +8.9% |
| 2004 | 2.4% | +1.6% |
| 2005 | 2.4% | +1.3% |
| 2006 | 2.5% | +1.6% |
| 2007 | 2.5% | +2.4% |
| 2008 | 2.6% | +2.4% |
| 2009 | 2.7% | +3.2% |
| 2010 | 2.7% | +0.2% |
| 2011 | 2.8% | +4.3% |
| 2012 | 2.8% | +0.9% |
| 2013 | 2.8% | -0.2% |
| 2014 | 2.8% | +1.7% |
| 2015 | 2.7% | -4.2% |
| 2016 | 2.6% | -5.1% |
| 2017 | 2.6% | -0.3% |
| 2018 | 2.5% | -1.7% |
| 2019 | 2.4% | -4.4% |
| 2020 | 2.4% | -1.1% |
| 2021 | 2.4% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.3% | 2.1% | 2.5% | 10 |
| 1980s | 2.3% | 2.1% | 2.4% | 10 |
| 1990s | 2.3% | 2.0% | 2.5% | 10 |
| 2000s | 2.4% | 2.0% | 2.7% | 10 |
| 2010s | 2.7% | 2.4% | 2.8% | 10 |
| 2020s | 2.4% | 2.4% | 2.4% | 2 |
Countries ranked near Least developed countries
- 39 Chile 5.5% compare
- 40 Mozambique 5.4% compare
- 41 Cyprus 5.4% compare
- 42 Kyrgyzstan 5.3% compare
- 43 Jamaica 5.2% compare
- 44 Cape Verde 5.2% compare
- 45 Morocco 5.2% compare
More economy & growth data for Least developed countries
- Industry (including construction), value added 402.31 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3767 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 260.34 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Services, value added (constant 2015 US$), per capita 513.09 constant 2015 US$ per person (2025)
- Manufacturing, value added 185.44 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.51 % change on previous year (2025)
- Industry (including construction), value added 490.85 billion current US$ (2025)
- Services, value added 44.6% (2025)
- Services, value added 622.97 billion constant 2015 US$ (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Least developed countries?
- Adjusted savings: education expenditure in Least developed countries was 2.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Least developed countries?
- The highest recorded value was 2.8% in 2014.
- What is the lowest adjusted savings: education expenditure recorded in Least developed countries?
- The lowest recorded value was 2.0% in 2000.
- How does Least developed countries rank for adjusted savings: education expenditure?
- Least developed countries ranks 42nd out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Least developed countries?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is rising.
- Where does this Least developed countries 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.