Adjusted savings: education expenditure in Turks and Caicos Islands
Turks and Caicos Islands: Adjusted savings: education expenditure was 2.3% in 2021. ▼ Falling
Adjusted savings: education expenditure in Turks and Caicos Islands, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Turks and Caicos Islands recorded 2.3% for adjusted savings: education expenditure in 2021. That is the lowest value across all 52 years on record.
Compared with earlier readings it is down 9.9% over ten years.
Over the whole period, adjusted savings: education expenditure in Turks and Caicos Islands peaked at 2.5% in 1970 and was at its lowest, 2.3%, in 2018.
That places Turks and Caicos Islands 169th out of 200 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Adjusted savings: education expenditure in Turks and Caicos Islands, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.5% | — |
| 1971 | 2.5% | +0.0% |
| 1972 | 2.5% | +0.0% |
| 1973 | 2.5% | +0.0% |
| 1974 | 2.5% | +0.0% |
| 1975 | 2.5% | +0.0% |
| 1976 | 2.5% | +0.0% |
| 1977 | 2.5% | +0.0% |
| 1978 | 2.5% | +0.0% |
| 1979 | 2.5% | +0.0% |
| 1980 | 2.5% | +0.0% |
| 1981 | 2.5% | +0.0% |
| 1982 | 2.5% | +0.0% |
| 1983 | 2.5% | +0.0% |
| 1984 | 2.5% | +0.0% |
| 1985 | 2.5% | +0.0% |
| 1986 | 2.5% | +0.0% |
| 1987 | 2.5% | +0.0% |
| 1988 | 2.5% | +0.0% |
| 1989 | 2.5% | +0.0% |
| 1990 | 2.5% | +0.0% |
| 1991 | 2.5% | +0.0% |
| 1992 | 2.5% | +0.0% |
| 1993 | 2.5% | +0.0% |
| 1994 | 2.5% | +0.0% |
| 1995 | 2.5% | +0.0% |
| 1996 | 2.5% | +0.0% |
| 1997 | 2.5% | +0.0% |
| 1998 | 2.5% | +0.0% |
| 1999 | 2.5% | +0.0% |
| 2000 | 2.5% | +0.0% |
| 2001 | 2.5% | +0.0% |
| 2002 | 2.5% | +0.0% |
| 2003 | 2.5% | +0.0% |
| 2004 | 2.5% | +0.0% |
| 2005 | 2.5% | +0.0% |
| 2006 | 2.5% | +0.0% |
| 2007 | 2.5% | +0.0% |
| 2008 | 2.5% | +0.0% |
| 2009 | 2.5% | +0.0% |
| 2010 | 2.5% | +0.0% |
| 2011 | 2.5% | +0.0% |
| 2012 | 2.5% | +0.0% |
| 2013 | 2.5% | +0.0% |
| 2014 | 2.5% | +0.0% |
| 2015 | 2.5% | +0.0% |
| 2016 | 2.5% | -3.3% |
| 2017 | 2.4% | -3.4% |
| 2018 | 2.3% | -3.5% |
| 2019 | 2.3% | +0.0% |
| 2020 | 2.3% | +0.0% |
| 2021 | 2.3% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.5% | 2.5% | 2.5% | 10 |
| 1980s | 2.5% | 2.5% | 2.5% | 10 |
| 1990s | 2.5% | 2.5% | 2.5% | 10 |
| 2000s | 2.5% | 2.5% | 2.5% | 10 |
| 2010s | 2.5% | 2.3% | 2.5% | 10 |
| 2020s | 2.3% | 2.3% | 2.3% | 2 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7953 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), annual growth rate 6.51 % change on previous year (2024)
- GDP (current US$), per capita 37,507 current US$ per person (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 29,831 constant LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8232 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 30,877 current LCU per person (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Turks and Caicos Islands?
- Adjusted savings: education expenditure in Turks and Caicos Islands was 2.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Turks and Caicos Islands?
- The highest recorded value was 2.5% in 1970.
- What is the lowest adjusted savings: education expenditure recorded in Turks and Caicos Islands?
- The lowest recorded value was 2.3% in 2018.
- How does Turks and Caicos Islands rank for adjusted savings: education expenditure?
- Turks and Caicos Islands ranks 169th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is falling.
- Where does this Turks and Caicos Islands 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.