Azerbaijan's adjusted savings, education expenditure (current US$) was US$2.08 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 32.49% from US$1.57 billion in 2011 (2.85% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$2.08 billion | 2021 |
| Five years earlier | US$1.08 billion | 2016 |
| Ten years earlier | US$1.57 billion | 2011 |
| Highest | US$2.08 billion | 2021 |
| Lowest | US$49.64 million | 1994 |
| Average since 2012 | US$1.46 billion | 2012–2021 |
| First recorded | US$65.47 million |
What the numbers say
In 2021, Azerbaijan's adjusted savings, education expenditure (current US$) rose 26.1% on 2020 (from US$1.65 billion to US$2.08 billion).
Across the 27 yearly changes before that (1994 to 2020), the average change was +15% and a typical year strayed about 23% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 53.9% in 2007 and the biggest yearly fall was 29.7% in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Azerbaijan had the 82nd highest value of the 179 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Azerbaijan in the 2021 ranking
- Serbia — 78th of 179: US$2.24 billion
- Angola — 79th of 179: US$2.22 billion
- Côte d'Ivoire — 80th of 179: US$2.16 billion
- Papua New Guinea — 82nd of 179: US$1.76 billion
- Iceland — 83rd of 179: US$1.75 billion
- Estonia — 84th of 179: US$1.74 billion
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 29 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 2,083,818,451 |
| 2020 | 1,652,856,752 |
| 2019 | 1,109,592,165 |
| 2018 | 1,141,284,052 |
| 2017 | 997,849,388 |
| 2016 | 1,077,984,877 |
| 2015 | 1,532,380,564 |
| 2014 | 1,904,229,749 |
| 2013 | 1,732,254,824 |
| 2012 | 1,416,304,373 |
Adjusted savings, education expenditure (current US$) in nearby economies
- Albania — US$502.82 million (2021)
- Armenia — US$366.37 million (2021)
- Austria — US$23.49 billion (2021)
- Belarus — US$2.91 billion (2021)
- Belgium — US$35.63 billion (2021)
- Bulgaria — US$3.33 billion (2021)
- Croatia — US$2.53 billion (2021)
- Cyprus — US$1.39 billion (2021)
- Czechia — US$11.58 billion (2021)
- Denmark
More economic policy & debt data for Azerbaijan
- Adjusted savings, education expenditure (% of GNI) — 3.9% (2021)
- Adjusted savings, mineral depletion (current US$) — US$138.93 million (2021)
- Adjusted savings, energy depletion (current US$) — US$8.51 billion (2021)
- General government final consumption expenditure (current US$) — US$11.79 billion (2025)
- General government final consumption expenditure (current LCU) — 20.05 billion (2025)
- General government final consumption expenditure (% of GDP) — 15.53% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$45.08 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 76.64 billion (2025)
Reading data like this
Questions people ask
- What is Azerbaijan's adjusted savings, education expenditure (current US$)?
- US$2.08 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 3,083% from US$65.47 million in 1993 (13.15% a year on average, compounded). The highest value was US$2.08 billion in 2021 and the lowest US$49.64 million in 1994.
- How does Azerbaijan rank?
- 82nd highest of 179 economies with data for 2021.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for Azerbaijan?
- In 2021, Azerbaijan's adjusted savings, education expenditure (current US$) rose 26.1% on 2020 (from US$1.65 billion to US$2.08 billion). Across the 27 yearly changes before that (1994 to 2020), the average change was +15% and a typical year strayed about 23% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.AEDU.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Statistical Yearbook, United Nations (UN), publisher: UN Statistics Division; Online database, UN Educational, Scientific and Cultural Organization (UNESCO), publisher: UNESCO Institute for Statistics (UIS) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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