Adjusted savings: education expenditure in Middle income
Middle income: Adjusted savings: education expenditure was 2.7% in 2021. ▲ Rising
Adjusted savings: education expenditure in Middle income, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in Middle income stood at 2.7%.
The figure is down 0.7% on the previous year and down 18.1% over ten years.
Over the whole period, adjusted savings: education expenditure in Middle income peaked at 3.5% in 1998 and was at its lowest, 2.6%, in 1973.
Middle income ranks 36th 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 Middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.7% | — |
| 1971 | 2.6% | -3.8% |
| 1972 | 2.7% | +2.4% |
| 1973 | 2.6% | -2.7% |
| 1974 | 2.7% | +3.4% |
| 1975 | 2.7% | +0.7% |
| 1976 | 2.9% | +7.3% |
| 1977 | 2.8% | -3.4% |
| 1978 | 3.1% | +8.5% |
| 1979 | 3.1% | +1.3% |
| 1980 | 3.0% | -2.3% |
| 1981 | 3.2% | +6.6% |
| 1982 | 3.4% | +3.3% |
| 1983 | 3.1% | -8.4% |
| 1984 | 2.9% | -6.0% |
| 1985 | 2.9% | -0.5% |
| 1986 | 3.1% | +6.8% |
| 1987 | 3.1% | +2.1% |
| 1988 | 2.9% | -5.9% |
| 1989 | 3.1% | +6.5% |
| 1990 | 3.2% | +1.8% |
| 1991 | 3.1% | -1.5% |
| 1992 | 3.3% | +4.1% |
| 1993 | 3.3% | -0.3% |
| 1994 | 3.4% | +4.6% |
| 1995 | 3.3% | -3.6% |
| 1996 | 3.3% | +1.2% |
| 1997 | 3.5% | +4.4% |
| 1998 | 3.5% | +0.3% |
| 1999 | 3.3% | -4.4% |
| 2000 | 3.4% | +0.6% |
| 2001 | 3.4% | +1.0% |
| 2002 | 3.3% | -2.8% |
| 2003 | 3.3% | +0.7% |
| 2004 | 3.3% | -1.8% |
| 2005 | 3.3% | +1.9% |
| 2006 | 3.3% | -0.5% |
| 2007 | 3.3% | -0.4% |
| 2008 | 3.3% | -0.7% |
| 2009 | 3.3% | +2.3% |
| 2010 | 3.3% | +0.1% |
| 2011 | 3.3% | +0.1% |
| 2012 | 3.3% | -2.0% |
| 2013 | 3.2% | -2.2% |
| 2014 | 3.1% | -2.0% |
| 2015 | 3.0% | -3.3% |
| 2016 | 3.0% | -0.4% |
| 2017 | 3.0% | -0.3% |
| 2018 | 2.9% | -3.8% |
| 2019 | 2.9% | -1.4% |
| 2020 | 2.8% | -3.7% |
| 2021 | 2.7% | -0.7% |
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 | 3.3% | 3.1% | 3.5% | 10 |
| 2000s | 3.3% | 3.3% | 3.4% | 10 |
| 2010s | 3.1% | 2.9% | 3.3% | 10 |
| 2020s | 2.7% | 2.7% | 2.8% | 2 |
Countries ranked near Middle income
More economy & growth data for Middle income
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Frequently asked questions
- What is adjusted savings: education expenditure in Middle income?
- Adjusted savings: education expenditure in Middle income was 2.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Middle income?
- The highest recorded value was 3.5% in 1998.
- What is the lowest adjusted savings: education expenditure recorded in Middle income?
- The lowest recorded value was 2.6% in 1973.
- How does Middle income rank for adjusted savings: education expenditure?
- Middle income ranks 36th out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Middle income?
- Over the last ten years it is down 18.1%. The long-run trend across the full record is rising.
- Where does this Middle 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.