Turkmenistan's adjusted savings, education expenditure (current US$) was US$1.01 billion in 2019, the latest year in the World Bank's World Development Indicators. That is up 129.86% from US$439.82 million in 2009 (8.68% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.01 billion | 2019 |
| Five years earlier | US$918.79 million | 2014 |
| Ten years earlier | US$439.82 million | 2009 |
| Highest | US$1.01 billion | 2019 |
| Lowest | US$55.59 million | 1996 |
| Average since 2010 | US$793.95 million | 2010–2019 |
| First recorded | US$74.28 million |
What the numbers say
In 2019, Turkmenistan's adjusted savings, education expenditure (current US$) rose 11.6% on 2018 (from US$905.83 million to US$1.01 billion).
Across the 25 yearly changes before that (1994 to 2018), the average change was +11.6% and a typical year strayed about 15.8% from that (the standard deviation). This year's change was 0.0 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 48.3% in 2008 and the biggest yearly fall was 17.2% in 1994. 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$43.51 million a year. A straight line explains 73% 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 Turkmenistan in the 2019 ranking
- Cuba — 1st of 4: US$13.25 billion
- Kuwait — 2nd of 4: US$4.93 billion
- Liechtenstein — 4th of 4: US$191.97 million
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 27 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2019 | 1,010,958,222 |
| 2018 | 905,825,058 |
| 2017 | 843,373,029 |
| 2016 | 817,240,549 |
| 2015 | 781,970,583 |
| 2014 | 918,794,484 |
| 2013 | 830,155,018 |
| 2012 | 738,576,884 |
| 2011 | 612,626,933 |
| 2010 | 479,988,463 |
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$1.39 billion (2021)
- Czechia
More economic policy & debt data for Turkmenistan
- Adjusted savings, education expenditure (% of GNI) — 2.32% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$4.57 billion (2021)
- Agriculture, forestry, and fishing, value added (current US$) — US$6.16 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 33.47 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 12.36% (2025)
- Industry, including construction, value added (current US$) — US$17.93 billion (2025)
- Industry, including construction, value added (current LCU) — 97.45 billion (2025)
Reading data like this
Questions people ask
- What is Turkmenistan's adjusted savings, education expenditure (current US$)?
- US$1.01 billion in 2019, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 1,261% from US$74.28 million in 1993 (10.56% a year on average, compounded). The highest value was US$1.01 billion in 2019 and the lowest US$55.59 million in 1996.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for Turkmenistan?
- In 2019, Turkmenistan's adjusted savings, education expenditure (current US$) rose 11.6% on 2018 (from US$905.83 million to US$1.01 billion). Across the 25 yearly changes before that (1994 to 2018), the average change was +11.6% and a typical year strayed about 15.8% from that (the standard deviation). This year's change was 0.0 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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