Adjusted savings: education expenditure in Luxembourg

Luxembourg: Adjusted savings: education expenditure was 2.93 billion current US$ in 2021. ◆ Volatile

Latest (2021)
2.93 billion current US$
Change on year
up 16.8%
World rank
72nd
of 195 countries
All-time high
2.93 billion current US$
in 2021
All-time low
27.48 million current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: education expenditure in Luxembourg, 1970–2021

01.0B2.0B3.0B197019952021

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

Analysis

In 2021, adjusted savings: education expenditure in Luxembourg stood at 2.93 billion current US$. That is the highest value across all 52 years on record.

That represents a change of up 16.8% on the previous year and up 56.6% over ten years.

Over the whole period, adjusted savings: education expenditure in Luxembourg peaked at 2.93 billion current US$ in 2021 and was at its lowest, 27.48 million current US$, in 1970.

That places Luxembourg 72nd out of 195 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 99.85 million current US$ 27.48 million current US$ 239.16 million current US$ 10
1980s 241.03 million current US$ 143.38 million current US$ 345.65 million current US$ 10
1990s 622.80 million current US$ 447.47 million current US$ 762.78 million current US$ 10
2000s 1.25 billion current US$ 718.99 million current US$ 1.95 billion current US$ 10
2010s 2.09 billion current US$ 1.65 billion current US$ 2.35 billion current US$ 10
2020s 2.72 billion current US$ 2.51 billion current US$ 2.93 billion current US$ 2

Countries ranked near Luxembourg

  1. 69 Ethiopia 3.40 billion current US$ compare
  2. 70 Bulgaria 3.33 billion current US$ compare
  3. 71 Ghana 3.21 billion current US$ compare
  4. 73 Belarus 2.91 billion current US$ compare
  5. 74 Slovenia 2.82 billion current US$ compare
  6. 75 Tunisia 2.66 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is adjusted savings: education expenditure in Luxembourg?
Adjusted savings: education expenditure in Luxembourg was 2.93 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Luxembourg?
The highest recorded value was 2.93 billion current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in Luxembourg?
The lowest recorded value was 27.48 million current US$ in 1970.
How does Luxembourg rank for adjusted savings: education expenditure?
Luxembourg ranks 72nd out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Luxembourg?
Over the last ten years it is up 56.6%. The long-run trend across the full record is volatile.
Where does this Luxembourg 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.