Caribbean small states | Government expenditure on education, total (% of GDP)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The percentage of government expenditure on education to GDP is useful to compare education expenditure between countries and/or over time in relation to the size of their economy; A high percentage to GDP suggests a high priority for education and a capacity of raising revenues for public spending. Note that government expenditure appears lower in some countries where the private sector and/or households have a large share in total funding for education. Limitations and exceptions: Data may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). Statistical concept and methodology: Government expenditure on education, total (% of GDP) is calculated by dividing total government expenditure for all levels of education by the GDP, and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. GDP data come from the World Bank. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Caribbean small states
Records
63
Source
Caribbean small states | Government expenditure on education, total (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 3.63143992
1974 4.24897003
1975 5.22878981
1976 5.85832977
1977 6.02651978
1978
1979
1980 3.76808
1981
1982 5.45739985
1983 5.76660013
1984 5.87390995
1985 5.57982492
1986 4.60398006
1987
1988 3.94086003
1989 4.69192505
1990 4.216645
1991 4.38306999
1992 3.33665991
1993 3.21403003
1994 3.74799991
1995 3.47381496
1996 3.46325004
1997 3.85237503
1998 2.43892002
1999 2.75611997
2000 3.86956
2001 4.22316003
2002 4.45911992
2003 3.69672489
2004 3.91254997
2005 4.61641979
2006
2007 5.49022007
2008 6.19131994
2009 6.19848013
2010 6.37060022
2011 6.26664019
2012 4.37114382
2013 4.46242142
2014 4.29359543
2015 4.30185986
2016 4.5408802
2017 4.28120589
2018 4.31529987
2019 4.38114429
2020 4.91213751
2021 4.32000995
2022 4.07994533

Caribbean small states | Government expenditure on education, total (% of GDP)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The percentage of government expenditure on education to GDP is useful to compare education expenditure between countries and/or over time in relation to the size of their economy; A high percentage to GDP suggests a high priority for education and a capacity of raising revenues for public spending. Note that government expenditure appears lower in some countries where the private sector and/or households have a large share in total funding for education. Limitations and exceptions: Data may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). Statistical concept and methodology: Government expenditure on education, total (% of GDP) is calculated by dividing total government expenditure for all levels of education by the GDP, and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. GDP data come from the World Bank. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Caribbean small states
Records
63
Source