West Bank and Gaza's adjusted savings, education expenditure (current US$) was US$874.12 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 70.44% from US$512.88 million in 2011 (5.48% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$874.12 million | 2021 |
| Five years earlier | US$730.14 million | 2016 |
| Ten years earlier | US$512.88 million | 2011 |
| Highest | US$874.12 million | 2021 |
| Lowest | US$137.76 million | 1994 |
| Average since 2012 | US$714.7 million | 2012–2021 |
| First recorded | US$137.76 million |
What the numbers say
In 2021, West Bank and Gaza's adjusted savings, education expenditure (current US$) rose 18.9% on 2020 (from US$735.05 million to US$874.12 million).
Across the 26 yearly changes before that (1995 to 2020), the average change was +7.1% and a typical year strayed about 9.5% from that (the standard deviation). This year's change was 1.3 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 25.3% in 2008 and the biggest yearly fall was 12.7% in 2002. 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 upward, about US$29.73 million a year. A straight line explains 85% 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, West Bank and Gaza had the 104th 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 West Bank and Gaza in the 2021 ranking
- Trinidad and Tobago — 100th of 179: US$967.45 million
- Libya — 101st of 179: US$922.73 million
- El Salvador — 102nd of 179: US$908.92 million
- Mozambique — 104th of 179: US$831.11 million
- Mali — 105th of 179: US$825.27 million
- Burkina Faso — 106th of 179: US$806.74 million
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 28 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 874,123,828 |
| 2020 | 735,052,556 |
| 2019 | 822,336,071 |
| 2018 | 777,444,377 |
| 2017 | 744,538,210 |
| 2016 | 730,140,202 |
| 2015 | 628,734,577 |
| 2014 | 642,532,996 |
| 2013 | 630,623,748 |
| 2012 | 561,445,838 |
Adjusted savings, education expenditure (current US$) in nearby economies
- Afghanistan — US$386.86 million (2021)
- Algeria — US$7.12 billion (2021)
- Bahrain — US$939.06 million (2020)
- Djibouti — US$267.07 million (2021)
- Egypt, Arab Rep. — US$17.28 billion (2021)
- Iran, Islamic Rep. — US$12.01 billion (2021)
- Iraq — US$9.47 billion (2021)
- Israel — US$26.73 billion (2021)
- Jordan — US$1.29 billion (2021)
More economic policy & debt data for West Bank and Gaza
- Adjusted savings, education expenditure (% of GNI) — 4.08% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Medium and high-tech manufacturing value added (% manufacturing value added) — 7.21% (2024)
- Primary income payments (BoP, current US$) — US$101.69 million (2025)
- Net primary income (current US$, BoP) — US$1.08 billion (2025)
- General government final consumption expenditure (current US$) — US$2.93 billion (2025)
- General government final consumption expenditure (current LCU) — 2.93 billion (2025)
- General government final consumption expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is West Bank and Gaza's adjusted savings, education expenditure (current US$)?
- US$874.12 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is up 534.51% from US$137.76 million in 1994 (7.08% a year on average, compounded). The highest value was US$874.12 million in 2021 and the lowest US$137.76 million in 1994.
- How does West Bank and Gaza rank?
- 104th highest of 179 economies with data for 2021.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for West Bank and Gaza?
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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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