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
1970 2.5
1971 2.9
1972 3
1973 3
1974 2.7394908
1975 3.8
1976 3.6
1977 3.9
1978 4.8
1979 5
1980 5.1
1981 5.1
1982 5.2
1983 3.1
1984 3.1752478
1985 3.1752478
1986 3.5
1987 3.7
1988 3.7
1989 3.4
1990 3.5114381
1991 3.5114381
1992 3.5114381
1993 3.5114381
1994 3.5114381
1995 3.6
1996 3.5
1997 3.7238567
1998 3.7238567
1999 3.77590447
2000 3.82795223
2001 3.88
2002 3.92908858
2003 3.97817716
2004 4.02726574
2005 4.07635432
2006 4.1254429
2007 4.17453148
2008 4.22362006
2009 4.27270864
2010 4.32179722
2011 4.3708858
2012 4.41997438
2013 4.77833129
2014 4.68167624
2015 5.27851812
2016 4.85856319
2017 4.43860826
2018 4.62471807
2019 4.90424132
2020 4.90424132
2021 4.90424132
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