Adjusted savings: education expenditure in Upper middle income

Upper middle income: Adjusted savings: education expenditure was 2.7% in 2021. ▲ Rising

Latest (2021)
2.7%
Change on year
down 1.0%
Rank
37th
of 47 groups
All-time high
3.4%
in 1998
All-time low
2.6%
in 1973
Years of data
52
1970–2021

Adjusted savings: education expenditure in Upper middle income, 1970–2021

0123197019952021

Source: Staff estimates, World Bank (WB). Measured in % of GNI.

Analysis

Upper middle income recorded 2.7% for adjusted savings: education expenditure in 2021.

The figure is down 1.0% on the previous year and down 19.8% over ten years.

Over the whole period, adjusted savings: education expenditure in Upper middle income peaked at 3.4% in 1998 and was at its lowest, 2.6%, in 1973.

That places Upper middle income 37th out of 47 groups with data for 2021, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 52 years of available data.

Adjusted savings: education expenditure in Upper middle income, year by year

Annual values for Adjusted savings: education expenditure (% of GNI) in Upper middle income, 1970 to 2021.
Year % of GNI Change
1970 2.7%
1971 2.6% -3.6%
1972 2.6% +0.5%
1973 2.6% -3.3%
1974 2.7% +5.4%
1975 2.7% +1.1%
1976 2.9% +7.6%
1977 2.8% -4.7%
1978 3.1% +10.8%
1979 3.1% +0.8%
1980 3.0% -2.3%
1981 3.3% +8.3%
1982 3.4% +1.8%
1983 2.9% -13.0%
1984 2.8% -3.9%
1985 2.8% -1.8%
1986 3.0% +7.5%
1987 3.0% +2.8%
1988 2.9% -6.0%
1989 3.0% +6.1%
1990 3.1% +1.1%
1991 3.0% -2.8%
1992 3.1% +5.1%
1993 3.1% +0.2%
1994 3.3% +5.6%
1995 3.2% -4.9%
1996 3.2% +2.3%
1997 3.4% +5.2%
1998 3.4% +0.4%
1999 3.2% -7.3%
2000 3.2% +2.0%
2001 3.3% +2.0%
2002 3.2% -2.5%
2003 3.3% +1.6%
2004 3.2% -1.0%
2005 3.3% +2.1%
2006 3.3% -0.0%
2007 3.3% -0.6%
2008 3.3% -0.3%
2009 3.3% +1.3%
2010 3.3% +0.4%
2011 3.3% +0.6%
2012 3.3% -2.7%
2013 3.2% -2.0%
2014 3.1% -1.9%
2015 3.0% -3.6%
2016 3.0% -0.6%
2017 3.0% -0.1%
2018 2.9% -4.2%
2019 2.8% -0.9%
2020 2.7% -4.6%
2021 2.7% -1.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.8% 2.6% 3.1% 10
1980s 3.0% 2.8% 3.4% 10
1990s 3.2% 3.0% 3.4% 10
2000s 3.3% 3.2% 3.3% 10
2010s 3.1% 2.8% 3.3% 10
2020s 2.7% 2.7% 2.7% 2

Countries ranked near Upper middle income

  1. 34 Bhutan 5.8% compare
  2. 35 Aruba 5.8% compare
  3. 36 Finland 5.7% compare
  4. 37 Israel 5.6% compare
  5. 38 Republic of Moldova 5.5% compare
  6. 39 Chile 5.5% compare
  7. 40 Mozambique 5.4% compare

See the full ranking of 247 places →

More economy & growth data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is adjusted savings: education expenditure in Upper middle income?
Adjusted savings: education expenditure in Upper middle income was 2.7% in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Upper middle income?
The highest recorded value was 3.4% in 1998.
What is the lowest adjusted savings: education expenditure recorded in Upper middle income?
The lowest recorded value was 2.6% in 1973.
How does Upper middle income rank for adjusted savings: education expenditure?
Upper middle income ranks 37th out of 47 groups with data for 2021.
Is adjusted savings: education expenditure rising or falling in Upper middle income?
Over the last ten years it is down 19.8%. The long-run trend across the full record is rising.
Where does this Upper 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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Adjusted savings: education expenditure in Upper middle income. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/adjusted-savings-education-expenditure-percent-of-gni/upper-middle-income/

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About this data

Indicator
Adjusted savings: education expenditure (% of GNI)
Unit
% of GNI
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 12,841 data points, 1970–2021
Last refreshed

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.