Adjusted savings: education expenditure in New Zealand
New Zealand: Adjusted savings: education expenditure was 7.4% in 2021. ▲ Rising
Adjusted savings: education expenditure in New Zealand, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
New Zealand recorded 7.4% for adjusted savings: education expenditure in 2021. That is the highest value across all 52 years on record.
That represents a change of up 4.8% over ten years.
Over the whole period, adjusted savings: education expenditure in New Zealand peaked at 7.4% in 2012 and was at its lowest, 3.3%, in 1986.
That places New Zealand 12th out of 200 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in New Zealand, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.7% | — |
| 1971 | 3.7% | -1.0% |
| 1972 | 4.1% | +10.8% |
| 1973 | 4.0% | -2.4% |
| 1974 | 4.0% | +0.0% |
| 1975 | 4.3% | +7.5% |
| 1976 | 4.5% | +4.7% |
| 1977 | 3.8% | -15.6% |
| 1978 | 3.9% | +2.6% |
| 1979 | 4.0% | +2.6% |
| 1980 | 3.8% | -5.0% |
| 1981 | 4.0% | +5.3% |
| 1982 | 4.1% | +2.5% |
| 1983 | 4.6% | +12.0% |
| 1984 | 3.9% | -15.1% |
| 1985 | 3.5% | -10.3% |
| 1986 | 3.3% | -5.7% |
| 1987 | 3.8% | +15.2% |
| 1988 | 4.3% | +13.2% |
| 1989 | 4.6% | +7.0% |
| 1990 | 6.6% | +43.5% |
| 1991 | 5.9% | -10.6% |
| 1992 | 6.5% | +10.2% |
| 1993 | 6.4% | -1.5% |
| 1994 | 6.1% | -4.7% |
| 1995 | 5.9% | -3.3% |
| 1996 | 6.5% | +10.2% |
| 1997 | 6.2% | -4.6% |
| 1998 | 6.9% | +11.5% |
| 1999 | 6.6% | -4.4% |
| 2000 | 6.8% | +2.5% |
| 2001 | 6.9% | +2.4% |
| 2002 | 6.7% | -3.0% |
| 2003 | 6.8% | +0.3% |
| 2004 | 6.8% | +0.7% |
| 2005 | 6.6% | -2.6% |
| 2006 | 6.3% | -4.7% |
| 2007 | 6.3% | +0.5% |
| 2008 | 5.6% | -11.5% |
| 2009 | 6.4% | +14.8% |
| 2010 | 7.0% | +8.2% |
| 2011 | 7.0% | +0.9% |
| 2012 | 7.4% | +4.8% |
| 2013 | 7.4% | +0.0% |
| 2014 | 7.4% | +0.0% |
| 2015 | 7.4% | +0.0% |
| 2016 | 7.4% | +0.0% |
| 2017 | 7.4% | +0.0% |
| 2018 | 7.4% | +0.0% |
| 2019 | 7.4% | +0.0% |
| 2020 | 7.4% | +0.0% |
| 2021 | 7.4% | +0.0% |
New Zealand compared with similar countries
- New Zealand's 7.4% is above the median for high income countries, which is 4.4%, 1.7× the median. (74 countries reporting)
- New Zealand's 7.4% is above the median for East Asia & Pacific, which is 3.9%, 1.9× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure in New Zealand 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 |
|---|---|---|---|
| 1990 | +43.5% | 4.6% | 6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.0% | 3.7% | 4.5% | 10 |
| 1980s | 4.0% | 3.3% | 4.6% | 10 |
| 1990s | 6.4% | 5.9% | 6.9% | 10 |
| 2000s | 6.5% | 5.6% | 6.9% | 10 |
| 2010s | 7.3% | 7.0% | 7.4% | 10 |
| 2020s | 7.4% | 7.4% | 7.4% | 2 |
Countries ranked near New Zealand
- 9 Puerto Rico 8.6% compare
- 10 Guam 8.3% compare
- 11 Djibouti 7.8% compare
- 13 Saudi Arabia 7.2% compare
- 14 Iceland 7.2% compare
- 15 Sierra Leone 7.1% compare
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in New Zealand?
- Adjusted savings: education expenditure in New Zealand was 7.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in New Zealand?
- The highest recorded value was 7.4% in 2012.
- What is the lowest adjusted savings: education expenditure recorded in New Zealand?
- The lowest recorded value was 3.3% in 1986.
- How does New Zealand rank for adjusted savings: education expenditure?
- New Zealand ranks 12th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in New Zealand?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is rising.
- Where does this New Zealand 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.