Adjusted savings: education expenditure in Italy

Italy: Adjusted savings: education expenditure was 82.64 billion current US$ in 2021. ◆ Volatile

Latest (2021)
82.64 billion current US$
Change on year
up 11.7%
World rank
10th
of 195 countries
All-time high
100.48 billion current US$
in 2008
All-time low
3.77 billion current US$
in 1971
Years of data
52
1970–2021

Adjusted savings: education expenditure in Italy, 1970–2021

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

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

Analysis

Italy recorded 82.64 billion current US$ for adjusted savings: education expenditure in 2021.

The figure is up 11.7% on the previous year and down 8.1% over ten years.

Over the whole period, adjusted savings: education expenditure in Italy peaked at 100.48 billion current US$ in 2008 and was at its lowest, 3.77 billion current US$, in 1971.

That places Italy 10th 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 7.53 billion current US$ 3.77 billion current US$ 14.65 billion current US$ 10
1980s 25.23 billion current US$ 17.21 billion current US$ 40.01 billion current US$ 10
1990s 49.24 billion current US$ 35.00 billion current US$ 58.49 billion current US$ 10
2000s 73.29 billion current US$ 46.38 billion current US$ 100.48 billion current US$ 10
2010s 80.91 billion current US$ 69.08 billion current US$ 89.97 billion current US$ 10
2020s 78.31 billion current US$ 73.98 billion current US$ 82.64 billion current US$ 2

Countries ranked near Italy

  1. 7 India 96.31 billion current US$ compare
  2. 8 Brazil 93.09 billion current US$ compare
  3. 9 Canada 88.42 billion current US$ compare
  4. 11 Russia 76.94 billion current US$ compare
  5. 12 Australia 76.93 billion current US$ compare
  6. 13 South Korea 70.32 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is adjusted savings: education expenditure in Italy?
Adjusted savings: education expenditure in Italy was 82.64 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Italy?
The highest recorded value was 100.48 billion current US$ in 2008.
What is the lowest adjusted savings: education expenditure recorded in Italy?
The lowest recorded value was 3.77 billion current US$ in 1971.
How does Italy rank for adjusted savings: education expenditure?
Italy ranks 10th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Italy?
Over the last ten years it is down 8.1%. The long-run trend across the full record is volatile.
Where does this Italy 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.