Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source
Luxembourg | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
2.5 1970
2.9 1971
3 1972
3 1973
2.7394908 1974
3.8 1975
3.6 1976
3.9 1977
4.8 1978
5 1979
5.1 1980
5.1 1981
5.2 1982
3.1 1983
3.1752478 1984
3.1752478 1985
3.5 1986
3.7 1987
3.7 1988
3.4 1989
3.5114381 1990
3.5114381 1991
3.5114381 1992
3.5114381 1993
3.5114381 1994
3.6 1995
3.5 1996
3.7238567 1997
3.7238567 1998
3.77590447 1999
3.82795223 2000
3.88 2001
3.92908858 2002
3.97817716 2003
4.02726574 2004
4.07635432 2005
4.1254429 2006
4.17453148 2007
4.22362006 2008
4.27270864 2009
4.32179722 2010
4.3708858 2011
4.41997438 2012
4.77833129 2013
4.68167624 2014
5.27851812 2015
4.85856319 2016
4.43860826 2017
4.62471807 2018
4.90424132 2019
4.90424132 2020
4.90424132 2021
2022
Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source