Liechtenstein: Adjusted savings, education expenditure (current US$)

Key figures

What the numbers say

In 2019, Liechtenstein's adjusted savings, education expenditure (current US$) fell 9.4% on 2018 (from US$211.83 million to US$191.97 million).

Across the 30 yearly changes before that (1989 to 2018), the average change was +7.7% and a typical year strayed about 11.3% from that (the standard deviation). This year's change was 1.5 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 47.3% in 1986 and the biggest yearly fall was 16% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2010 to 2019 the straight-line trend is upward, about US$10.2 million a year. A straight line explains 84% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Liechtenstein in the 2019 ranking

• Cuba — 1st of 4: US$13.25 billion
• Kuwait — 2nd of 4: US$4.93 billion
• Turkmenistan — 3rd of 4: US$1.01 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 50 values

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)
• Azerbaijan — US$2.08 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

More economic policy & debt data for Liechtenstein

• GDP (current US$) — US$8.91 billion (2024)
• GDP (current LCU) — 7.84 billion (2024)
• GDP per capita (current US$) — US$220,167 (2024)
• GDP per capita (current LCU) — 193,844 (2024)
• GNI (current US$) — US$7.76 billion (2023)
• GNI (current LCU) — 6.97 billion (2023)
• GNI per capita (current LCU) — 174,971 (2023)
• Net primary income (net income from abroad) (current US$) — −US$479.81 million (2023)
• Net primary income (net income from abroad) (current LCU) — -431.1 million (2023)
• Adjusted savings, education expenditure (% of GNI)

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Questions people ask

What is Liechtenstein's adjusted savings, education expenditure (current US$)?

US$191.97 million in 2019, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 9,126% from US$2.08 million in 1970 (9.67% a year on average, compounded). The highest value was US$211.83 million in 2018 and the lowest US$2.08 million in 1970.

Is the latest change in adjusted savings, education expenditure (current US$) unusual for Liechtenstein?

In 2019, Liechtenstein's adjusted savings, education expenditure (current US$) fell 9.4% on 2018 (from US$211.83 million to US$191.97 million). Across the 30 yearly changes before that (1989 to 2018), the average change was +7.7% and a typical year strayed about 11.3% from that (the standard deviation). This year's change was 1.5 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.

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