Adjusted savings: education expenditure in Azerbaijan

Azerbaijan: Adjusted savings: education expenditure was 2.08 billion current US$ in 2021. ◆ Volatile

Latest (2021)
2.08 billion current US$
Change on year
up 26.1%
World rank
86th
of 195 countries
All-time high
2.08 billion current US$
in 2021
All-time low
49.64 million current US$
in 1994
Years of data
29
1993–2021

Adjusted savings: education expenditure in Azerbaijan, 1993–2021

0500.0M1.0B1.5B2.0B1993200720211993: 65.5M current US$1994: 49.6M current US$1995: 72.4M current US$1996: 104.5M current US$1997: 119.5M current US$1998: 150.0M current US$1999: 201.2M current US$2000: 209.2M current US$2001: 204.7M current US$2002: 198.8M current US$2003: 241.0M current US$2004: 298.9M current US$2005: 391.9M current US$2006: 522.7M current US$2007: 804.3M current US$2008: 1.2B current US$2009: 1.4B current US$2010: 1.4B current US$2011: 1.6B current US$2012: 1.4B current US$2013: 1.7B current US$2014: 1.9B current US$2015: 1.5B current US$2016: 1.1B current US$2017: 997.8M current US$2018: 1.1B current US$2019: 1.1B current US$2020: 1.7B current US$2021: 2.1B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: education expenditure in Azerbaijan is 2.08 billion current US$, measured in 2021. That is the highest value across all 29 years on record.

The figure is up 26.1% on the previous year and up 32.5% over ten years.

Over the whole period, adjusted savings: education expenditure in Azerbaijan peaked at 2.08 billion current US$ in 2021 and was at its lowest, 49.64 million current US$, in 1994.

That places Azerbaijan 86th out of 195 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 108.97 million current US$ 49.64 million current US$ 201.22 million current US$ 7
2000s 543.60 million current US$ 198.78 million current US$ 1.40 billion current US$ 10
2010s 1.39 billion current US$ 997.85 million current US$ 1.90 billion current US$ 10
2020s 1.87 billion current US$ 1.65 billion current US$ 2.08 billion current US$ 2

Countries ranked near Azerbaijan

  1. 83 Serbia 2.24 billion current US$ compare
  2. 84 Angola 2.22 billion current US$ compare
  3. 85 Cote d'Ivoire 2.16 billion current US$ compare
  4. 87 Papua New Guinea 1.76 billion current US$ compare
  5. 88 Iceland 1.75 billion current US$ compare
  6. 89 Estonia 1.74 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is adjusted savings: education expenditure in Azerbaijan?
Adjusted savings: education expenditure in Azerbaijan was 2.08 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Azerbaijan?
The highest recorded value was 2.08 billion current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in Azerbaijan?
The lowest recorded value was 49.64 million current US$ in 1994.
How does Azerbaijan rank for adjusted savings: education expenditure?
Azerbaijan ranks 86th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Azerbaijan?
Over the last ten years it is up 32.5%. The long-run trend across the full record is volatile.
Where does this Azerbaijan 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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About this data

Indicator
Adjusted savings: education expenditure (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 8,370 data points, 1970–2021
Last refreshed

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.