Sri Lanka's adjusted savings, education expenditure (current US$) was US$1.42 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 26.06% from US$1.13 billion in 2011 (2.34% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.42 billion | 2021 |
| Five years earlier | US$2.16 billion | 2016 |
| Ten years earlier | US$1.13 billion | 2011 |
| Highest | US$2.16 billion | 2016 |
| Lowest | US$61.43 million | 1978 |
| Average since 2012 | US$1.48 billion | 2012–2021 |
| First recorded | US$83.55 million |
What the numbers say
In 2021, Sri Lanka's adjusted savings, education expenditure (current US$) rose 4.6% on 2020 (from US$1.36 billion to US$1.42 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +8.7% and a typical year strayed about 15.6% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 40.7% in 2016 and the biggest yearly fall was 29% in 1978. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 11% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Sri Lanka had the 89th highest value of the 179 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Sri Lanka in the 2021 ranking
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 52 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 1,421,132,078 |
| 2020 | 1,358,759,997 |
| 2019 | 1,415,616,482 |
| 2018 | 1,506,400,529 |
| 2017 | 2,113,527,360 |
| 2016 | 2,155,731,366 |
| 2015 | 1,531,901,090 |
| 2014 | 1,279,984,235 |
| 2013 | 977,241,331 |
| 2012 | 990,037,051 |
Adjusted savings, education expenditure (current US$) in nearby economies
- Bangladesh — US$5.9 billion (2021)
- Bhutan — US$138.47 million (2021)
- India — US$96.31 billion (2021)
- Maldives — US$195.96 million (2021)
- Nepal — US$1.06 billion (2021)
More economic policy & debt data for Sri Lanka
- Agriculture, forestry, and fishing, value added (current US$) — US$9.1 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 2.74 trillion (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) — US$6.84 billion (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) — 929.67 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 8.36% (2025)
- Manufacturing, value added (current US$) — US$18.63 billion (2025)
- Manufacturing, value added (current LCU) — 5.61 trillion (2025)
- Manufacturing, value added (% of GDP) — 17.12% (2025)
- Industry, including construction, value added (current US$)
Reading data like this
Questions people ask
- What is Sri Lanka's adjusted savings, education expenditure (current US$)?
- US$1.42 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 1,601% from US$83.55 million in 1970 (5.71% a year on average, compounded). The highest value was US$2.16 billion in 2016 and the lowest US$61.43 million in 1978.
- How does Sri Lanka rank?
- 89th highest of 179 economies with data for 2021.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for Sri Lanka?
- In 2021, Sri Lanka's adjusted savings, education expenditure (current US$) rose 4.6% on 2020 (from US$1.36 billion to US$1.42 billion). Across the 30 yearly changes before that (1991 to 2020), the average change was +8.7% and a typical year strayed about 15.6% from that (the standard deviation). This year's change was 0.3 standard deviations below 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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