Adjusted savings: education expenditure in Cuba
Cuba: Adjusted savings: education expenditure was 13.25 billion current US$ in 2019. ◆ Volatile
Adjusted savings: education expenditure in Cuba, 1970–2019
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Cuba is 13.25 billion current US$, measured in 2019. That is the highest value across all 50 years on record.
That represents a change of up 3.3% on the previous year and up 78.5% over ten years.
Over the whole period, adjusted savings: education expenditure in Cuba peaked at 13.25 billion current US$ in 2019 and was at its lowest, 359.90 million current US$, in 1970.
That places Cuba 40th out of 195 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 766.11 million current US$ | 359.90 million current US$ | 1.25 billion current US$ | 10 |
| 1980s | 1.61 billion current US$ | 1.46 billion current US$ | 1.76 billion current US$ | 10 |
| 1990s | 1.61 billion current US$ | 1.20 billion current US$ | 2.00 billion current US$ | 10 |
| 2000s | 4.28 billion current US$ | 2.18 billion current US$ | 7.75 billion current US$ | 10 |
| 2010s | 10.75 billion current US$ | 7.58 billion current US$ | 13.25 billion current US$ | 10 |
Countries ranked near Cuba
More economy & growth data for Cuba
- Taxes less subsidies on products 762.00 million current US$ (2020)
- Industry (including construction), value added 24.71 billion current US$ (2020)
- Industry (including construction), value added 258.69 billion current LCU (2024)
- Industry (including construction), value added 14.71 billion constant 2015 US$ (2024)
- Industry (including construction), value added -3.0% (2024)
- Industry (including construction), value added 8.79 billion constant LCU (2024)
- Industry (including construction), value added 23.8% (2024)
- Services, value added 78.91 billion current US$ (2020)
- GNI per capita, Atlas method 9,010 current US$ (2019)
- GNI per capita 9,094 current LCU (2019)
Frequently asked questions
- What is adjusted savings: education expenditure in Cuba?
- Adjusted savings: education expenditure in Cuba was 13.25 billion current US$ in 2019, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Cuba?
- The highest recorded value was 13.25 billion current US$ in 2019.
- What is the lowest adjusted savings: education expenditure recorded in Cuba?
- The lowest recorded value was 359.90 million current US$ in 1970.
- How does Cuba rank for adjusted savings: education expenditure?
- Cuba ranks 40th out of 195 countries with data for 2019.
- Is adjusted savings: education expenditure rising or falling in Cuba?
- Over the last ten years it is up 78.5%. The long-run trend across the full record is volatile.
- Where does this Cuba 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.