Adjusted savings: education expenditure in Norway

Norway: Adjusted savings: education expenditure was 33.95 billion current US$ in 2021. ◆ Volatile

Latest (2021)
33.95 billion current US$
Change on year
up 33.6%
World rank
22nd
of 195 countries
All-time high
34.99 billion current US$
in 2012
All-time low
635.26 million current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: education expenditure in Norway, 1970–2021

010.0B20.0B30.0B197019952021

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

Analysis

Norway recorded 33.95 billion current US$ for adjusted savings: education expenditure in 2021.

That represents a change of up 33.6% on the previous year and up 14.4% over ten years.

Over the whole period, adjusted savings: education expenditure in Norway peaked at 34.99 billion current US$ in 2012 and was at its lowest, 635.26 million current US$, in 1970.

Norway ranks 22nd of 195 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.50 billion current US$ 635.26 million current US$ 2.70 billion current US$ 10
1980s 3.80 billion current US$ 2.96 billion current US$ 5.70 billion current US$ 10
1990s 9.16 billion current US$ 6.52 billion current US$ 10.99 billion current US$ 10
2000s 18.28 billion current US$ 9.89 billion current US$ 26.65 billion current US$ 10
2010s 29.65 billion current US$ 25.62 billion current US$ 34.99 billion current US$ 10
2020s 29.68 billion current US$ 25.41 billion current US$ 33.95 billion current US$ 2

Countries ranked near Norway

  1. 19 Indonesia 37.71 billion current US$ compare
  2. 20 Belgium 35.63 billion current US$ compare
  3. 21 Switzerland 34.88 billion current US$ compare
  4. 23 Turkey 33.22 billion current US$ compare
  5. 24 Venezuela 31.19 billion current US$ compare
  6. 25 Poland 29.34 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is adjusted savings: education expenditure in Norway?
Adjusted savings: education expenditure in Norway was 33.95 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Norway?
The highest recorded value was 34.99 billion current US$ in 2012.
What is the lowest adjusted savings: education expenditure recorded in Norway?
The lowest recorded value was 635.26 million current US$ in 1970.
How does Norway rank for adjusted savings: education expenditure?
Norway ranks 22nd out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Norway?
Over the last ten years it is up 14.4%. The long-run trend across the full record is volatile.
Where does this Norway 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.