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
1970 4.9812274
1971 4.9812274
1972 4.9812274
1973 4.9812274
1974 4.9812274
1975 4.9812274
1976 4.9812274
1977 4.9812274
1978 5.1
1979 5
1980 5
1981 5
1982 5
1983 5
1984 5.1
1985 5
1986 4.9
1987 4.7
1988 4.6
1989 4.5
1990 4.4
1991 4.4
1992 4.5
1993 5.2
1994 5.2
1995 4.88535127
1996 5.2
1997 4.867495
1998 4.74634
1999 4.78817
2000 4.83
2001 4.844
2002 4.858
2003 4.872
2004 4.886
2005 4.9
2006 4.79
2007 4.66
2008 4.6
2009 4.8
2010 5.08
2011 4.85
2012 5.05
2013 4.95460293
2014 4.85920586
2015 5.01034129
2016 5.01034129
2017 5.01034129
2018 5.01034129
2019 5.01034129
2020 5.01034129
2021 5.01034129
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