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
3.7 1970
3.7 1971
4.1 1972
4.2 1973
3.5 1974
4.4 1975
3.9849424 1976
3.9 1977
3.9849424 1978
3.9849424 1979
3.6 1980
4.3 1981
4.2 1982
4.9 1983
4.3 1984
4.1 1985
3.6 1986
4.3 1987
3.8 1988
3.6 1989
2.6 1990
3.556156 1991
4.6 1992
4.1 1993
5 1994
4.5 1995
4.3533381 1996
4.3533381 1997
4.3533381 1998
4.23417084 1999
4.11500357 2000
3.99583631 2001
3.87666905 2002
3.75750179 2003
3.63833453 2004
3.51916726 2005
3.4 2006
3.49 2007
5.015 2008
6.54 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
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