Latvia | 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 Latvia
Records
63
Source
Latvia | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
3.1629555 1970
3.1629555 1971
3.1629555 1972
3.1629555 1973
3.1629555 1974
3.1629555 1975
3.1629555 1976
3.1629555 1977
3.1629555 1978
3.1629555 1979
3.2 1980
3.200103 1981
3.200103 1982
3.200103 1983
3.200103 1984
3.2 1985
3.2358109 1986
3.2343713 1987
3.2 1988
3 1989
3.4 1990
3.8 1991
4.4 1992
6 1993
6.1 1994
6.1 1995
5.4 1996
5.8 1997
5.5734781 1998
5.39143395 1999
4.9729003 2000
5.05632446 2001
4.83773327 2002
4.63189538 2003
4.5223381 2004
4.36284157 2005
4.20334503 2006
4.04016418 2007
4.5756355 2008
4.50767408 2009
4.356235 2010
4.45308065 2011
5.8044881 2012
6.12810319 2013
4.32794518 2014
4.477873 2015
4.2301465 2016
3.87875625 2017
3.64510267 2018
3.81181315 2019
3.81181315 2020
3.81181315 2021
2022
Latvia | 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 Latvia
Records
63
Source