Grenada | 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
Grenada
Records
63
Source
Grenada | Adjusted savings: education expenditure (% of GNI)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 5
1971 5
1972 5
1973 5
1974 5
1975 5
1976 5
1977 5
1978 4.9
1979 4.93846154
1980 4.97692308
1981 5.01538462
1982 5.05384615
1983 5.09230769
1984 5.13076923
1985 5.16923077
1986 5.20769231
1987 5.24615385
1988 5.28461538
1989 5.32307692
1990 5.36153846
1991 5.4
1992 5.4
1993 5.4
1994 5.4
1995 5.4
1996 5.4
1997 5.4
1998 5.4
1999 5.07
2000 4.74
2001 4.41
2002 4.08
2003 3.75
2004 3.75
2005 3.75
2006 3.75
2007 3.75
2008 3.75
2009 3.75
2010 3.75
2011 3.75
2012 3.75
2013 3.75
2014 3.75
2015 3.75
2016 3.75
2017 3.75
2018 3.75
2019 3.75
2020 3.75
2021 3.75
2022

Grenada | 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
Grenada
Records
63
Source