Adjusted savings: education expenditure in Australia
Australia: Adjusted savings: education expenditure was 76.93 billion current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Australia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Australia is 76.93 billion current US$, measured in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 18.4% on the previous year and up 18.2% over ten years.
Over the whole period, adjusted savings: education expenditure in Australia peaked at 76.93 billion current US$ in 2021 and was at its lowest, 2.04 billion current US$, in 1970.
That places Australia 12th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.26 billion current US$ | 2.04 billion current US$ | 6.66 billion current US$ | 10 |
| 1980s | 9.45 billion current US$ | 7.42 billion current US$ | 13.13 billion current US$ | 10 |
| 1990s | 16.77 billion current US$ | 13.23 billion current US$ | 20.49 billion current US$ | 10 |
| 2000s | 30.22 billion current US$ | 17.86 billion current US$ | 46.58 billion current US$ | 10 |
| 2010s | 66.93 billion current US$ | 56.09 billion current US$ | 76.16 billion current US$ | 10 |
| 2020s | 70.96 billion current US$ | 64.99 billion current US$ | 76.93 billion current US$ | 2 |
Countries ranked near Australia
More economy & growth data for Australia
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
- Taxes less subsidies on products 115.11 billion current US$ (2025)
- Net primary income (Net income from abroad) -77.35 billion current LCU (2025)
- Net primary income (Net income from abroad) -50.06 billion current US$ (2025)
- GNI per capita 97,831 current LCU (2025)
- GNI per capita, Atlas method 64,120 current US$ (2025)
- GNI 2.70 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Australia?
- Adjusted savings: education expenditure in Australia was 76.93 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Australia?
- The highest recorded value was 76.93 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Australia?
- The lowest recorded value was 2.04 billion current US$ in 1970.
- How does Australia rank for adjusted savings: education expenditure?
- Australia ranks 12th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Australia?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.