Australia | 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
Commonwealth of Australia
Records
63
Source
Australia | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
4.9812274 1970
4.9812274 1971
4.9812274 1972
4.9812274 1973
4.9812274 1974
4.9812274 1975
4.9812274 1976
4.9812274 1977
5.1 1978
5 1979
5 1980
5 1981
5 1982
5 1983
5.1 1984
5 1985
4.9 1986
4.7 1987
4.6 1988
4.5 1989
4.4 1990
4.4 1991
4.5 1992
5.2 1993
5.2 1994
4.88535127 1995
5.2 1996
4.867495 1997
4.74634 1998
4.78817 1999
4.83 2000
4.844 2001
4.858 2002
4.872 2003
4.886 2004
4.9 2005
4.79 2006
4.66 2007
4.6 2008
4.8 2009
5.08 2010
4.85 2011
5.05 2012
4.95460293 2013
4.85920586 2014
5.01034129 2015
5.01034129 2016
5.01034129 2017
5.01034129 2018
5.01034129 2019
5.01034129 2020
5.01034129 2021
2022
Australia | 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
Commonwealth of Australia
Records
63
Source