Mexico's adjusted savings, education expenditure (current US$) was US$53.04 billion in 2021, the latest year in the World Bank's World Development Indicators. That is down 9.42% from US$58.55 billion in 2011 (0.98% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$53.04 billion | 2021 |
| Five years earlier | US$51.17 billion | 2016 |
| Ten years earlier | US$58.55 billion | 2011 |
| Highest | US$66.18 billion | 2014 |
| Lowest | US$1.05 billion | 1970 |
| Average since 2012 | US$54.6 billion | 2012–2021 |
| First recorded | US$1.05 billion |
What the numbers say
In 2021, Mexico's adjusted savings, education expenditure (current US$) rose 17.5% on 2020 (from US$45.14 billion to US$53.04 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +8.9% and a typical year strayed about 19.4% from that (the standard deviation). This year's change was 0.4 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 49.8% in 1981 and the biggest yearly fall was 40.1% in 1983. 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 the straight-line trend is downward, about US$1.41 billion a year. A straight line explains 51% 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.
How it compares
In 2021, Mexico had the 16th 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 Mexico in the 2021 ranking
- Australia — 12th of 179: US$76.93 billion
- Korea, Rep. — 13th of 179: US$70.32 billion
- Spain — 14th of 179: US$57.43 billion
- Netherlands — 16th of 179: US$46.54 billion
- Sweden — 17th of 179: US$46.29 billion
- Indonesia — 18th of 179: US$37.71 billion
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 52 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 53,035,474,843 |
| 2020 | 45,139,872,762 |
| 2019 | 52,722,500,529 |
| 2018 | 50,896,791,584 |
| 2017 | 51,097,236,315 |
| 2016 | 51,169,849,046 |
| 2015 | 59,407,164,319 |
| 2014 | 66,183,884,582 |
| 2013 | 57,220,904,638 |
| 2012 | 59,082,344,446 |
Adjusted savings, education expenditure (current US$) in nearby economies
- Antigua and Barbuda — US$32.73 million (2021)
- Argentina — US$24.06 billion (2021)
- Aruba — US$174.47 million (2021)
- Bahamas, The — US$401.76 million (2021)
- Barbados — US$302.46 million (2021)
- Belize — US$154.23 million (2021)
- Bolivia — US$2.39 billion (2021)
- Brazil — US$93.09 billion (2021)
- Chile — US$16.51 billion (2021)
More economic policy & debt data for Mexico
- Total reserves, including gold (current US$) — US$256.18 billion (2025)
- Total reserves, excluding gold (current US$) — US$239.31 billion (2025)
- General government final consumption expenditure (current US$) — US$216.08 billion (2025)
- General government final consumption expenditure (current LCU) — 4.16 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$162.1 billion (2025)
- General government final consumption expenditure (constant LCU) — 2.9 trillion (2025)
- General government final consumption expenditure (% of GDP) — 11.79% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$1.29 trillion (2025)
Reading data like this
Questions people ask
- What is Mexico's adjusted savings, education expenditure (current US$)?
- US$53.04 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 4,960% from US$1.05 billion in 1970 (8% a year on average, compounded). The highest value was US$66.18 billion in 2014 and the lowest US$1.05 billion in 1970.
- How does Mexico rank?
- 16th highest of 179 economies with data for 2021.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for Mexico?
- In 2021, Mexico's adjusted savings, education expenditure (current US$) rose 17.5% on 2020 (from US$45.14 billion to US$53.04 billion). Across the 30 yearly changes before that (1991 to 2020), the average change was +8.9% and a typical year strayed about 19.4% from that (the standard deviation). This year's change was 0.4 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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