Colombia | 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 Colombia
Records
63
Source
Colombia | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1.7393244 1970
1.7393244 1971
1.7393244 1972
1.7393244 1973
1.7393244 1974
1.7393244 1975
1.7393244 1976
1.7393244 1977
1.6 1978
1.7 1979
1.7 1980
2.5 1981
2.7192396 1982
2.9 1983
2.9 1984
2.9 1985
2.7 1986
2.5 1987
2.6 1988
2.7 1989
2.3 1990
2.2 1991
3.2 1992
2.7 1993
2.5 1994
2.5 1995
2.7 1996
3.0953215 1997
3.0953215 1998
3.38328848 1999
3.67125545 2000
3.95922243 2001
4.24718941 2002
4.1435947 2003
4.04 2004
4.1 2005
3.98 2006
3.72 2007
3.54 2008
3.92 2009
3.89283199 2010
3.26 2011
3.19 2012
3.67103916 2013
3.47 2014
3.38712237 2015
3.50866969 2016
3.51405518 2017
3.98540091 2018
3.91355709 2019
4.31309341 2020
4.31309341 2021
2022
Colombia | 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 Colombia
Records
63
Source