Adjusted savings: education expenditure in India

India: Adjusted savings: education expenditure was 96.31 billion current US$ in 2021. ◆ Volatile

Latest (2021)
96.31 billion current US$
Change on year
up 18.8%
World rank
7th
of 195 countries
All-time high
96.31 billion current US$
in 2021
All-time low
1.47 billion current US$
in 1971
Years of data
52
1970–2021

Adjusted savings: education expenditure in India, 1970–2021

020.0B40.0B60.0B80.0B100.0B197019952021

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

Analysis

In 2021, adjusted savings: education expenditure in India stood at 96.31 billion current US$. That is the highest value across all 52 years on record.

The figure is up 18.8% on the previous year and up 73.0% over ten years.

Over the whole period, adjusted savings: education expenditure in India peaked at 96.31 billion current US$ in 2021 and was at its lowest, 1.47 billion current US$, in 1971.

That places India 7th 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 2.44 billion current US$ 1.47 billion current US$ 3.98 billion current US$ 10
1980s 6.83 billion current US$ 4.86 billion current US$ 9.66 billion current US$ 10
1990s 11.79 billion current US$ 8.81 billion current US$ 19.53 billion current US$ 10
2000s 27.05 billion current US$ 19.01 billion current US$ 41.08 billion current US$ 10
2010s 66.37 billion current US$ 51.06 billion current US$ 86.37 billion current US$ 10
2020s 88.68 billion current US$ 81.06 billion current US$ 96.31 billion current US$ 2

Countries ranked near India

  1. 4 United Kingdom 158.89 billion current US$ compare
  2. 5 France 146.12 billion current US$ compare
  3. 6 Japan 135.88 billion current US$ compare
  4. 8 Brazil 93.09 billion current US$ compare
  5. 9 Canada 88.42 billion current US$ compare
  6. 10 Italy 82.64 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is adjusted savings: education expenditure in India?
Adjusted savings: education expenditure in India was 96.31 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in India?
The highest recorded value was 96.31 billion current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in India?
The lowest recorded value was 1.47 billion current US$ in 1971.
How does India rank for adjusted savings: education expenditure?
India ranks 7th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in India?
Over the last ten years it is up 73.0%. The long-run trend across the full record is volatile.
Where does this India 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

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.