Adjusted savings: education expenditure in World
World: Adjusted savings: education expenditure was 3.8% in 2021. ▼ Falling
Adjusted savings: education expenditure in World, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in World stood at 3.8%. That is the lowest value across all 52 years on record.
Compared with earlier readings it is down 0.1% on the previous year and down 9.7% over ten years.
Over the whole period, adjusted savings: education expenditure in World peaked at 5.1% in 1970 and was at its lowest, 3.8%, in 2021.
That places World 22nd out of 47 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Adjusted savings: education expenditure in World, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 5.1% | — |
| 1971 | 4.8% | -5.3% |
| 1972 | 4.8% | -0.9% |
| 1973 | 4.6% | -3.9% |
| 1974 | 4.5% | -1.3% |
| 1975 | 4.8% | +5.3% |
| 1976 | 4.8% | +2.0% |
| 1977 | 4.7% | -2.6% |
| 1978 | 4.7% | -0.7% |
| 1979 | 4.6% | -2.5% |
| 1980 | 4.5% | -1.0% |
| 1981 | 4.7% | +3.6% |
| 1982 | 4.7% | +0.7% |
| 1983 | 4.7% | +0.6% |
| 1984 | 4.9% | +3.3% |
| 1985 | 4.8% | -2.6% |
| 1986 | 4.1% | -13.9% |
| 1987 | 4.8% | +16.8% |
| 1988 | 4.1% | -14.4% |
| 1989 | 4.1% | -1.4% |
| 1990 | 4.1% | +0.4% |
| 1991 | 4.1% | +1.1% |
| 1992 | 4.4% | +6.9% |
| 1993 | 4.4% | -0.4% |
| 1994 | 4.5% | +3.4% |
| 1995 | 4.3% | -5.1% |
| 1996 | 4.3% | +0.1% |
| 1997 | 4.4% | +1.4% |
| 1998 | 4.0% | -7.8% |
| 1999 | 4.0% | -1.1% |
| 2000 | 4.0% | +1.3% |
| 2001 | 4.2% | +3.1% |
| 2002 | 4.2% | +0.9% |
| 2003 | 4.3% | +2.3% |
| 2004 | 4.2% | -2.5% |
| 2005 | 4.1% | -1.8% |
| 2006 | 4.2% | +1.1% |
| 2007 | 4.1% | -1.3% |
| 2008 | 4.1% | +0.5% |
| 2009 | 4.2% | +2.3% |
| 2010 | 4.2% | +0.4% |
| 2011 | 4.2% | -0.3% |
| 2012 | 4.1% | -3.1% |
| 2013 | 4.3% | +5.2% |
| 2014 | 4.3% | -1.1% |
| 2015 | 4.0% | -6.9% |
| 2016 | 3.9% | -1.4% |
| 2017 | 3.9% | +0.8% |
| 2018 | 3.9% | -2.1% |
| 2019 | 3.9% | -0.2% |
| 2020 | 3.8% | -0.9% |
| 2021 | 3.8% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.7% | 4.5% | 5.1% | 10 |
| 1980s | 4.5% | 4.1% | 4.9% | 10 |
| 1990s | 4.2% | 4.0% | 4.5% | 10 |
| 2000s | 4.2% | 4.0% | 4.3% | 10 |
| 2010s | 4.1% | 3.9% | 4.3% | 10 |
| 2020s | 3.8% | 3.8% | 3.8% | 2 |
Countries ranked near World
- 19 Costa Rica 6.9% compare
- 20 Norway 6.7% compare
- 21 Venezuela, Bolivarian Republic of 6.5% compare
- 22 Oman 6.5% compare
- 23 South Africa 6.5% compare
- 24 Belize 6.4% compare
- 25 Barbados 6.4% compare
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Gross capital formation (constant 2015 US$), annual growth rate 2.87 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2236 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 3,221 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 7.44 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.285 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 4,106 current US$ per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.65 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2408 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in World?
- Adjusted savings: education expenditure in World was 3.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in World?
- The highest recorded value was 5.1% in 1970.
- What is the lowest adjusted savings: education expenditure recorded in World?
- The lowest recorded value was 3.8% in 2021.
- How does World rank for adjusted savings: education expenditure?
- World ranks 22nd out of 47 groups with data for 2021.
- Is adjusted savings: education expenditure rising or falling in World?
- Over the last ten years it is down 9.7%. The long-run trend across the full record is falling.
- Where does this World 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.