North Macedonia | 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 Macedonia
Records
63
Source
North Macedonia | 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 5
1979 5
1980 5
1981 5
1982 5
1983 5
1984 5
1985 5
1986 5
1987 5
1988 5
1989 5
1990 5
1991 5
1992 5
1993 4.9
1994 4.7
1995 4.3
1996 4.4
1997 4.9026266
1998 4.9026266
1999 4.49413298
2000 4.08563936
2001 3.67714574
2002 3.26865212
2003 3.26865212
2004 3.26865212
2005 3.26865212
2006 3.26865212
2007 3.26865212
2008 3.26865212
2009 3.26865212
2010 3.26865212
2011 3.26865212
2012 3.26865212
2013 3.26865212
2014 3.26865212
2015 3.26865212
2016 3.26865212
2017 3.26865212
2018 3.26865212
2019 3.26865212
2020 3.26865212
2021 3.26865212
2022

North Macedonia | 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 Macedonia
Records
63
Source