Cyprus | 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 Cyprus
Records
63
Source
Cyprus | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 3.9864865
1971 3.9864865
1972 3.9864865
1973 3.9864865
1974 3.9864865
1975 3.9
1976 3.4
1977 2.9
1978 2.9
1979 3
1980 3.2
1981 3.5
1982 3.5
1983 3.6
1984 3.4
1985 3.4
1986 3.3
1987 3.3
1988 3.2
1989 3.2
1990 3.1
1991 3.3
1992 3.5
1993 3.7
1994 3.7
1995 3.8
1996 4.636633
1997 4.636633
1998 4.6494071
1999 4.39
2000 5.01026914
2001 5.03
2002 5.24
2003 6.12
2004 5.94
2005 5.91
2006 6.06
2007 6.13
2008 6.04
2009 6.36371041
2010 6.22
2011 5.94
2012 6.1353371
2013 6.3306742
2014 6.43431892
2015 6.10514022
2016 6.0102097
2017 5.43649856
2018 5.39952737
2019 5.36255619
2020 5.36255619
2021 5.36255619
2022

Cyprus | 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 Cyprus
Records
63
Source