Lebanon's adjusted savings, education expenditure (current US$) was US$466.87 million in 2021, the latest year in the World Bank's World Development Indicators. That is down 17.74% from US$567.53 million in 2011 (1.93% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$466.87 million | 2021 |
| Five years earlier | US$1.06 billion | 2016 |
| Ten years earlier | US$567.53 million | 2011 |
| Highest | US$1.13 billion | 2018 |
| Lowest | US$63.97 million | 1989 |
| Average since 2012 | US$926.81 million | 2012–2021 |
| First recorded | US$63.97 million |
What the numbers say
In 2021, Lebanon's adjusted savings, education expenditure (current US$) fell 27.5% on 2020 (from US$644.01 million to US$466.87 million).
Across the 30 yearly changes before that (1991 to 2020), the average change was +9.9% and a typical year strayed about 21.2% from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 61.7% in 2001 and the biggest yearly fall was 39.3% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 14% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Lebanon had the 124th highest value of the 179 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Lebanon in the 2021 ranking
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 33 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 466,870,746 |
| 2020 | 644,009,693 |
| 2019 | 1,061,686,595 |
| 2018 | 1,129,568,114 |
| 2017 | 1,109,187,474 |
| 2016 | 1,056,919,874 |
| 2015 | 1,037,837,222 |
| 2014 | 997,875,905 |
| 2013 | 979,894,562 |
| 2012 | 784,245,889 |
Adjusted savings, education expenditure (current US$) in nearby economies
- Afghanistan — US$386.86 million (2021)
- Algeria — US$7.12 billion (2021)
- Bahrain — US$939.06 million (2020)
- Djibouti — US$267.07 million (2021)
- Egypt, Arab Rep. — US$17.28 billion (2021)
- Iran, Islamic Rep. — US$12.01 billion (2021)
- Iraq — US$9.47 billion (2021)
- Israel — US$26.73 billion (2021)
- Jordan — US$1.29 billion (2021)
More economic policy & debt data for Lebanon
- Total reserves, including gold (current US$) — US$33.3 billion (2024)
- Total reserves, excluding gold (current US$) — US$9.24 billion (2024)
- Grants, excluding technical cooperation (BoP, current US$) — US$1.42 billion (2023)
- Technical cooperation grants (BoP, current US$) — US$330.71 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$1.43 billion (2023)
- Net official development assistance and official aid received (current US$) — US$1.75 billion (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$1.75 billion (2023)
- Net official development assistance received (current US$) — US$1.75 billion (2023)
Reading data like this
Questions people ask
- What is Lebanon's adjusted savings, education expenditure (current US$)?
- US$466.87 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1989?
- It is up 629.83% from US$63.97 million in 1989 (6.41% a year on average, compounded). The highest value was US$1.13 billion in 2018 and the lowest US$63.97 million in 1989.
- How does Lebanon rank?
- 124th highest of 179 economies with data for 2021.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for Lebanon?
- In 2021, Lebanon's adjusted savings, education expenditure (current US$) fell 27.5% on 2020 (from US$644.01 million to US$466.87 million). Across the 30 yearly changes before that (1991 to 2020), the average change was +9.9% and a typical year strayed about 21.2% from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in