Armenia | Adjusted savings: education expenditure (% of GNI)

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. Limitations and exceptions: Public education expenditures are considered an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries.
Publisher
The World Bank
Origin
Republic of Armenia
Records
63
Source
Armenia | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 3.5
1971 3.5
1972 3.5
1973 3.5
1974 3.5
1975 3.5
1976 3.5
1977 3.5
1978 3.5
1979 3.5
1980 3.5
1981 3.5
1982 3.5
1983 3.5
1984 3.5
1985 3.5
1986 3.5
1987 3.5
1988 3.5
1989 3.5
1990 3.5
1991 3.5
1992 3.5
1993 3.5
1994 2.6743212
1995 2.6743212
1996 1.7
1997 1.8385185
1998 2.2196904
1999 2.27256966
2000 2.32544891
2001 2.37832817
2002 2.43120743
2003 2.48408669
2004 2.53696594
2005 2.5898452
2006 2.64272446
2007 2.69560371
2008 2.74848297
2009 2.80136223
2010 2.85424149
2011 2.90712074
2012 2.96
2013 2.55
2014 2.1
2015 2.69644909
2016 2.44489224
2017 2.29094324
2018 2.35908658
2019 2.42722993
2020 2.49537328
2021 2.72293185
2022

Armenia | Adjusted savings: education expenditure (% of GNI)

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. Limitations and exceptions: Public education expenditures are considered an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries.
Publisher
The World Bank
Origin
Republic of Armenia
Records
63
Source