Adjusted savings: education expenditure in Canada

Canada: Adjusted savings: education expenditure was 88.42 billion current US$ in 2021. ◆ Volatile

Latest (2021)
88.42 billion current US$
Change on year
up 21.3%
World rank
9th
of 195 countries
All-time high
88.42 billion current US$
in 2021
All-time low
6.37 billion current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: education expenditure in Canada, 1970–2021

020.0B40.0B60.0B80.0B197019952021

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

DecadeAverage LowestHighest 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

  1. 6 Japan 135.88 billion current US$ compare
  2. 7 India 96.31 billion current US$ compare
  3. 8 Brazil 93.09 billion current US$ compare
  4. 10 Italy 82.64 billion current US$ compare
  5. 11 Russia 76.94 billion current US$ compare
  6. 12 Australia 76.93 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Canada

All data for Canada →

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.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.