New Zealand's current education expenditure, tertiary (% of total expenditure in tertiary public institutions) was 87.92% in 2023, the latest year in the World Bank's World Development Indicators. That is up 2.11 percentage points from 85.81% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 87.92% | 2023 |
| Five years earlier | 83.49% | 2018 |
| Ten years earlier | 85.81% | 2013 |
| Highest | 87.92% | 2023 |
| Lowest | 82.23% | 2017 |
| Average since 2014 | 84.76% | 2014–2023 |
| First recorded | 83.99% | 2000 |
What the numbers say
In 2023, New Zealand's current education expenditure, tertiary (% of total expenditure in tertiary public institutions) rose 3.05 percentage points on 2022 (from 84.88% to 87.92%).
Across the 9 yearly changes before that (2014 to 2022), the average change was −0.1 percentage points and a typical year strayed about 2.12 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations above 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 4.29 percentage points in 2020 and the biggest yearly fall was 2.94 percentage points in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 0.47 percentage points a year. A straight line explains 45% 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 2023, New Zealand had the 9th highest value of the 10 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.
| Value | Year | |
|---|---|---|
| New Zealand | 87.92% | 2023 |
| High income | 90.75% | 2022 |
Closest to New Zealand in the 2023 ranking
- Armenia — 5th of 10: 96.06%
- Uruguay — 6th of 10: 92.85%
- Moldova — 7th of 10: 88.88%
- Azerbaijan — 9th of 10: 83.67%
- Macao SAR, China — 10th of 10: 77.76%
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, tertiary (% of total expenditure in tertiary public institutions) |
|---|---|
| 2023 | 87.92 |
| 2022 | 84.88 |
| 2021 | 87.81 |
| 2020 | 87.06 |
| 2019 | 82.77 |
| 2018 | 83.49 |
| 2017 | 82.23 |
| 2016 | 83.83 |
| 2015 | 83.24 |
| 2014 | 84.39 |
Current education expenditure, tertiary (% of total expenditure in tertiary public institutions) in nearby economies
- Japan — 87.26% (2021)
- Korea, Rep. — 87.33% (2022)
- Macao SAR, China — 77.76% (2023)
- Malaysia — 82.2% (2021)
- Singapore — 99.1% (2023)
More education data for New Zealand
- Primary school starting age (years) — 5 (2025)
- Primary education, duration (years) — 6 (2025)
- Lower secondary school starting age (years) — 11 (2025)
- Secondary education, duration (years) — 7 (2025)
- Primary education, pupils — 383,018 (2024)
- Secondary education, pupils — 562,417 (2024)
- School enrollment, primary (gross), gender parity index (GPI) — 1 (2020)
- School enrollment, primary and secondary (gross), gender parity index (GPI) — 1.03 (2020)
- School enrollment, secondary (gross), gender parity index (GPI) — 1.05 (2020)
Reading data like this
Questions people ask
- What is New Zealand's current education expenditure, tertiary (% of total expenditure in tertiary public institutions)?
- 87.92% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 3.93 percentage points from 83.99% in 2000. The highest value was 87.92% in 2023 and the lowest 82.23% in 2017.
- How does New Zealand rank?
- 9th highest of 10 economies with data for 2023.
- Is the latest change in current education expenditure, tertiary (% of total expenditure in tertiary public institutions) unusual for New Zealand?
Source
World Bank, World Development Indicators, indicator SE.XPD.CTER.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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