Adjusted savings: education expenditure in Papua New Guinea
Papua New Guinea: Adjusted savings: education expenditure was 6.9% in 2021. ▲ Rising
Adjusted savings: education expenditure in Papua New Guinea, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Papua New Guinea recorded 6.9% for adjusted savings: education expenditure in 2021. That is the highest value across all 52 years on record.
The figure is unchanged over ten years.
Over the whole period, adjusted savings: education expenditure in Papua New Guinea peaked at 6.9% in 1977 and was at its lowest, 4.5%, in 1972.
That places Papua New Guinea 18th 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 Papua New Guinea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 6.3% | — |
| 1971 | 6.3% | +0.0% |
| 1972 | 4.5% | -28.3% |
| 1973 | 6.3% | +39.5% |
| 1974 | 6.3% | +0.0% |
| 1975 | 6.3% | +0.0% |
| 1976 | 6.2% | -1.3% |
| 1977 | 6.9% | +11.3% |
| 1978 | 6.9% | +0.0% |
| 1979 | 6.9% | +0.0% |
| 1980 | 6.9% | +0.0% |
| 1981 | 6.9% | +0.0% |
| 1982 | 6.9% | +0.0% |
| 1983 | 6.9% | +0.0% |
| 1984 | 6.9% | +0.0% |
| 1985 | 6.9% | +0.0% |
| 1986 | 6.9% | +0.0% |
| 1987 | 6.9% | +0.0% |
| 1988 | 6.9% | +0.0% |
| 1989 | 6.9% | +0.0% |
| 1990 | 6.9% | +0.0% |
| 1991 | 6.9% | +0.0% |
| 1992 | 6.9% | +0.0% |
| 1993 | 6.9% | +0.0% |
| 1994 | 6.9% | +0.0% |
| 1995 | 6.9% | +0.0% |
| 1996 | 6.9% | +0.0% |
| 1997 | 6.9% | +0.0% |
| 1998 | 6.9% | +0.0% |
| 1999 | 6.9% | +0.0% |
| 2000 | 6.9% | +0.0% |
| 2001 | 6.9% | +0.0% |
| 2002 | 6.9% | +0.0% |
| 2003 | 6.9% | +0.0% |
| 2004 | 6.9% | +0.0% |
| 2005 | 6.9% | +0.0% |
| 2006 | 6.9% | +0.0% |
| 2007 | 6.9% | +0.0% |
| 2008 | 6.9% | +0.0% |
| 2009 | 6.9% | +0.0% |
| 2010 | 6.9% | +0.0% |
| 2011 | 6.9% | +0.0% |
| 2012 | 6.9% | +0.0% |
| 2013 | 6.9% | +0.0% |
| 2014 | 6.9% | +0.0% |
| 2015 | 6.9% | +0.0% |
| 2016 | 6.9% | +0.0% |
| 2017 | 6.9% | +0.0% |
| 2018 | 6.9% | +0.0% |
| 2019 | 6.9% | +0.0% |
| 2020 | 6.9% | +0.0% |
| 2021 | 6.9% | +0.0% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 6.9% is above the median for lower middle income countries, which is 3.6%, 1.9× the median. (47 countries reporting)
- Papua New Guinea's 6.9% is above the median for East Asia & Pacific, which is 3.9%, 1.8× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.3% | 4.5% | 6.9% | 10 |
| 1980s | 6.9% | 6.9% | 6.9% | 10 |
| 1990s | 6.9% | 6.9% | 6.9% | 10 |
| 2000s | 6.9% | 6.9% | 6.9% | 10 |
| 2010s | 6.9% | 6.9% | 6.9% | 10 |
| 2020s | 6.9% | 6.9% | 6.9% | 2 |
Countries ranked near Papua New Guinea
- 15 Sierra Leone 7.1% compare
- 16 Sweden 7.1% compare
- 17 Eswatini 7.1% compare
- 19 Costa Rica 6.9% compare
- 20 Norway 6.7% compare
- 21 Venezuela, Bolivarian Republic of 6.5% compare
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Papua New Guinea?
- Adjusted savings: education expenditure in Papua New Guinea was 6.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Papua New Guinea?
- The highest recorded value was 6.9% in 1977.
- What is the lowest adjusted savings: education expenditure recorded in Papua New Guinea?
- The lowest recorded value was 4.5% in 1972.
- How does Papua New Guinea rank for adjusted savings: education expenditure?
- Papua New Guinea ranks 18th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Papua New Guinea?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Papua New Guinea 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.