Adjusted savings: education expenditure in Canada
Canada: Adjusted savings: education expenditure was 88.42 billion current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Canada, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Canada is 88.42 billion current US$, measured in 2021. That is the highest value across all 52 years on record.
The figure is up 21.3% on the previous year and up 1.9% over ten years.
Over the whole period, adjusted savings: education expenditure in Canada peaked at 88.42 billion current US$ in 2021 and was at its lowest, 6.37 billion current US$, in 1970.
That places Canada 9th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.44 billion current US$ | 6.37 billion current US$ | 15.19 billion current US$ | 10 |
| 1980s | 22.89 billion current US$ | 16.58 billion current US$ | 32.31 billion current US$ | 10 |
| 1990s | 37.90 billion current US$ | 33.33 billion current US$ | 43.84 billion current US$ | 10 |
| 2000s | 51.12 billion current US$ | 36.27 billion current US$ | 67.02 billion current US$ | 10 |
| 2010s | 77.26 billion current US$ | 68.05 billion current US$ | 86.74 billion current US$ | 10 |
| 2020s | 80.65 billion current US$ | 72.88 billion current US$ | 88.42 billion current US$ | 2 |
Countries ranked near Canada
More economy & growth data for Canada
- DEC alternative conversion factor 1.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.38 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.56 billion current US$ (2025)
- Taxes less subsidies on products 202.56 billion current LCU (2025)
- Taxes less subsidies on products 144.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -43.38 billion current LCU (2025)
- Net primary income (Net income from abroad) -31.03 billion current US$ (2025)
- GNI per capita 77,957 current LCU (2025)
- GNI per capita, Atlas method 56,420 current US$ (2025)
- GNI 3.25 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Canada?
- Adjusted savings: education expenditure in Canada was 88.42 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Canada?
- The highest recorded value was 88.42 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Canada?
- The lowest recorded value was 6.37 billion current US$ in 1970.
- How does Canada rank for adjusted savings: education expenditure?
- Canada ranks 9th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Canada?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is volatile.
- Where does this Canada 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
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.