Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Adjusted savings: education expenditure (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 3.7
1971 3.7
1972 4.1
1973 4.2
1974 3.5
1975 4.4
1976 3.9849424
1977 3.9
1978 3.9849424
1979 3.9849424
1980 3.6
1981 4.3
1982 4.2
1983 4.9
1984 4.3
1985 4.1
1986 3.6
1987 4.3
1988 3.8
1989 3.6
1990 2.6
1991 3.556156
1992 4.6
1993 4.1
1994 5
1995 4.5
1996 4.3533381
1997 4.3533381
1998 4.3533381
1999 4.23417084
2000 4.11500357
2001 3.99583631
2002 3.87666905
2003 3.75750179
2004 3.63833453
2005 3.51916726
2006 3.4
2007 3.49
2008 5.015
2009 6.54
2010 6.54
2011 6.54
2012 6.54
2013 6.54
2014 6.54
2015 6.54
2016 6.54
2017 6.54
2018 6.54
2019 6.54
2020 6.54
2021 6.54
2022

Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source