St. Vincent and the Grenadines | Government expenditure on education, total (% of government expenditure)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The share of government expenditure devoted to education allows an assessment of the priority a government assigns to education relative to other public investments, as well as a government's commitment to investing in human capital development. Countries with younger populations may spend more on education in relation to other sector such as health or social security, and vice-versa. Limitations and exceptions: Data on government expenditure on education may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). In addition, definitions and methods of data on total general government expenditure may differ across countries. Statistical concept and methodology: Expenditure on education, total (% of government expenditure) is calculated by dividing total government expenditure on education by the total government expenditure on all sectors and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. Data on total general government expenditure were previously collected from countries through the annual questionnaire, but are from the International Monetary Fund's World Economic Outlook database since January 2014. Therefore, current data cannot be compared with data in earlier editions. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Saint Vincent and the Grenadines
Records
63
Source
St. Vincent and the Grenadines | Government expenditure on education, total (% of government expenditure)
1960
1961
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1965
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1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
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1986 22.89880943
1987
1988
1989 18.24648094
1990
1991 20.69968987
1992
1993
1994
1995
1996
1997
1998 14.84941959
1999 21.14543915
2000 30.78919983
2001
2002 28.7013092
2003 31.47550964
2004
2005 22.59198952
2006
2007 20.03841019
2008
2009 17.33849907
2010 15.48563004
2011
2012
2013
2014
2015 17.20000076
2016 20.1484108
2017 18.97827911
2018 19.42724991
2019
2020 13
2021
2022 15.2270813

St. Vincent and the Grenadines | Government expenditure on education, total (% of government expenditure)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments. Development relevance: The share of government expenditure devoted to education allows an assessment of the priority a government assigns to education relative to other public investments, as well as a government's commitment to investing in human capital development. Countries with younger populations may spend more on education in relation to other sector such as health or social security, and vice-versa. Limitations and exceptions: Data on government expenditure on education may refer to spending by the ministry of education only (excluding spending on educational activities by other ministries). In addition, definitions and methods of data on total general government expenditure may differ across countries. Statistical concept and methodology: Expenditure on education, total (% of government expenditure) is calculated by dividing total government expenditure on education by the total government expenditure on all sectors and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. Data on total general government expenditure were previously collected from countries through the annual questionnaire, but are from the International Monetary Fund's World Economic Outlook database since January 2014. Therefore, current data cannot be compared with data in earlier editions. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).
Publisher
The World Bank
Origin
Saint Vincent and the Grenadines
Records
63
Source