Liberia | 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 Liberia
Records
63
Source
Liberia | Adjusted savings: education expenditure (% of GNI)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 1.9231623
1971 1.9231623
1972 1.9231623
1973 1.9231623
1974 1.9231623
1975 2.6
1976 3.5
1977 4.4
1978 5.3
1979 4.9
1980 4.5
1981 4.47
1982 4.44
1983 4.41
1984 4.38
1985 4.35
1986 4.32
1987 4.29
1988 4.26
1989 4.23
1990 4.2
1991 4.17
1992 4.14
1993 4.11
1994 4.08
1995 4.05
1996 4.02
1997 3.99
1998 3.96
1999 3.93
2000 3.9
2001 3.87
2002 3.84
2003 3.81
2004 3.78
2005 3.75
2006 3.72
2007 3.69
2008 3.66
2009 3.66
2010 3.66
2011 3.66
2012 3.66
2013 3.66
2014 3.66
2015 3.66
2016 3.66
2017 3.66
2018 3.66
2019 3.66
2020 3.66
2021 3.66
2022

Liberia | 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 Liberia
Records
63
Source