Belgium | 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
Kingdom of Belgium
Records
63
Source
Belgium | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 4.1
1971 4.2
1972 4.2
1973 4.8
1974 4.9722304
1975 5.3
1976 5.3
1977 5.5
1978 5.4
1979 5.3
1980 5.3
1981 5.5
1982 5.4
1983 5.2
1984 4.9
1985 5.1
1986 4.9
1987 4.6
1988 4.3
1989 4.3
1990 4.3
1991 4.3
1992 5.2011941
1993 5.3
1994 5.3
1995 2.9
1996 3
1997 3.0374941
1998 3.0374941
1999 3.8929586
2000 4.7484231
2001 5.6038876
2002 5.70839198
2003 5.56426737
2004 5.62
2005 5.6
2006 5.63
2007 5.63
2008 5.95
2009 6.25
2010 6.1
2011 6.12
2012 6.11463726
2013 6.10927451
2014 6.14360772
2015 6.04093798
2016 6.04448602
2017 6.0404307
2018 5.98070583
2019 5.94301953
2020 5.94301953
2021 5.94301953
2022

Belgium | 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
Kingdom of Belgium
Records
63
Source