Trinidad and Tobago | 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 Trinidad and Tobago
Records
63
Source
Trinidad and Tobago | Adjusted savings: education expenditure (% of GNI)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 3.0297539
1971 3.0297539
1972 3.0297539
1973 3.0297539
1974 3.0297539
1975 3.0297539
1976 3.0297539
1977 3.0297539
1978 3.0297539
1979 3.0297539
1980 3
1981 3.8108439
1982 4.7
1983 4.7
1984 5
1985 5.3
1986 4.7430949
1987 4.7430949
1988 4.7430949
1989 4.2
1990 3.7
1991 3.7574288
1992 3.8537703
1993 3.8537703
1994 3.4
1995 3.4
1996 3.3
1997 3.2
1998 2.4
1999 2.85
2000 2.55
2001 3
2002 3.46
2003 2.87
2004 2.93469959
2005 2.99939918
2006 3.06409876
2007 3.12879835
2008 3.19349794
2009 3.25819753
2010 3.32289712
2011 3.3875967
2012 3.45229629
2013 3.51699588
2014 3.58169547
2015 3.64639506
2016 3.71109464
2017 3.77579423
2018 3.84049382
2019 3.90519341
2020 3.969893
2021 3.969893
2022

Trinidad and Tobago | 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 Trinidad and Tobago
Records
63
Source