Adjusted savings: education expenditure in Libya

Libya: Adjusted savings: education expenditure was 922.73 million current US$ in 2021. ▲ Rising

Latest (2021)
922.73 million current US$
Change on year
down 14.7%
World rank
108th
of 195 countries
All-time high
1.91 billion current US$
in 2008
All-time low
443.45 million current US$
in 2002
Years of data
20
2002–2021

Adjusted savings: education expenditure in Libya, 2002–2021

500.0M1.0B1.5B2.0B2002201120212002: 443.5M current US$2003: 573.0M current US$2004: 702.7M current US$2005: 1.0B current US$2006: 1.3B current US$2007: 1.5B current US$2008: 1.9B current US$2009: 1.3B current US$2010: 1.6B current US$2011: 1.0B current US$2012: 1.9B current US$2013: 1.5B current US$2014: 1.2B current US$2015: 1.1B current US$2016: 1.1B current US$2017: 1.4B current US$2018: 1.6B current US$2019: 1.5B current US$2020: 1.1B current US$2021: 922.7M current US$

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

Analysis

The most recent figure for adjusted savings: education expenditure in Libya is 922.73 million current US$, measured in 2021.

The figure is down 14.7% on the previous year and down 9.5% over ten years.

Over the whole period, adjusted savings: education expenditure in Libya peaked at 1.91 billion current US$ in 2008 and was at its lowest, 443.45 million current US$, in 2002.

Libya ranks 108th of 195 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.10 billion current US$ 443.45 million current US$ 1.91 billion current US$ 8
2010s 1.40 billion current US$ 1.02 billion current US$ 1.91 billion current US$ 10
2020s 1.00 billion current US$ 922.73 million current US$ 1.08 billion current US$ 2

Countries ranked near Libya

  1. 105 Turkmenistan 1.01 billion current US$ compare
  2. 106 Trinidad and Tobago 967.45 million current US$ compare
  3. 107 Bahrain 939.06 million current US$ compare
  4. 109 El Salvador 908.91 million current US$ compare
  5. 110 Palestine 874.12 million current US$ compare
  6. 111 Mozambique 831.11 million current US$ compare

See the full ranking of 195 places →

More economy & growth data for Libya

All data for Libya →

Frequently asked questions

What is adjusted savings: education expenditure in Libya?
Adjusted savings: education expenditure in Libya was 922.73 million current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Libya?
The highest recorded value was 1.91 billion current US$ in 2008.
What is the lowest adjusted savings: education expenditure recorded in Libya?
The lowest recorded value was 443.45 million current US$ in 2002.
How does Libya rank for adjusted savings: education expenditure?
Libya ranks 108th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Libya?
Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
Where does this Libya 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 — 20 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.