Latin America & Caribbean (excluding high income)'s current education expenditure, total (% of total expenditure in public institutions) was 95.42% in 2023, the latest year in the World Bank's World Development Indicators.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 95.42% | 2023 |
| Highest | 97.03% | 2019 |
| Lowest | 90.58% | 2008 |
| Average since 2016 | 95.7% | 2016–2023 |
| First recorded | 92.3% | 2002 |
Since 2002 it is up 3.11 percentage points from 92.3% in 2002. The World Bank has no value for 10 of the years in between; the chart leaves those gaps open rather than joining across them.
What this measures
Current expenditure is expressed as a percentage of direct expenditure in public educational institutions (instructional and non-instructional) of the specified level of education. Financial aid to students and other transfers are excluded from direct expenditure. Current expenditure is consumed within the current year and would have to be renewed if needed in the following year. It includes staff compensation and current expenditure other than for staff compensation (ex. on teaching materials, ancillary services and administration).
Limitations: The indicator depends on comprehensive and accurate data regarding government expenditure by type and nature of spending. In some cases, data on total government expenditure on education only includes the Ministry of Education, excluding other ministries that may also allocate part of their budget to educational services.
Regional and income-group figures are computed by the World Bank as a median.
All 12 values
| Year | Current education expenditure, total (% of total expenditure in public institutions) |
|---|---|
| 2023 | 95.42 |
| 2022 | 95.85 |
| 2021 | 95.83 |
| 2020 | 96.27 |
| 2019 | 97.03 |
| 2018 | no data |
| 2017 | no data |
| 2016 | 93.82 |
| 2015 | no data |
| 2014 | no data |
Current education expenditure, total (% of total expenditure in public institutions) in nearby economies
- Iran, Islamic Rep. — 89.92% (2022)
- Israel — 89.98% (2022)
- Malta — 87.93% (2022)
- Oman — 85.87% (2024)
More education data for Latin America & Caribbean (excluding high income)
- Primary education, duration (years) — 6 (2025)
- Secondary education, duration (years) — 6 (2025)
- Primary education, pupils — 55.17 million (2024)
- Primary education, teachers — 2.79 million (2024)
- Primary education, teachers (% female) — 77.53% (2024)
- Secondary education, pupils — 57.82 million (2024)
- Secondary education, teachers — 3.86 million (2024)
- Secondary education, teachers, female — 2.26 million (2024)
Reading data like this
Questions people ask
- What is Latin America & Caribbean (excluding high income)'s current education expenditure, total (% of total expenditure in public institutions)?
- 95.42% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 3.11 percentage points from 92.3% in 2002. The highest value was 97.03% in 2019 and the lowest 90.58% in 2008.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://databrowser.uis.unesco.org/resources, note: The data are obtained through the UIS API..
Source
World Bank, World Development Indicators, indicator SE.XPD.CTOT.ZS, licensed CC BY 4.0. Original source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://databrowser.uis.unesco.org/resources, note: The data are obtained through the UIS API. 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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