Adjusted savings: education expenditure in Philippines

Philippines: Adjusted savings: education expenditure was 7.51 billion current US$ in 2021. ◆ Volatile

Latest (2021)
7.51 billion current US$
Change on year
up 4.9%
World rank
50th
of 195 countries
All-time high
7.63 billion current US$
in 2019
All-time low
197.20 million current US$
in 1972
Years of data
52
1970–2021

Adjusted savings: education expenditure in Philippines, 1970–2021

02.0B4.0B6.0B8.0B197019952021

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

Analysis

The most recent figure for adjusted savings: education expenditure in Philippines is 7.51 billion current US$, measured in 2021.

The figure is up 4.9% on the previous year and up 57.3% over ten years.

Over the whole period, adjusted savings: education expenditure in Philippines peaked at 7.63 billion current US$ in 2019 and was at its lowest, 197.20 million current US$, in 1972.

That places Philippines 50th 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 352.19 million current US$ 197.20 million current US$ 619.91 million current US$ 10
1980s 669.57 million current US$ 437.38 million current US$ 1.06 billion current US$ 10
1990s 1.98 billion current US$ 1.12 billion current US$ 2.86 billion current US$ 10
2000s 2.62 billion current US$ 2.04 billion current US$ 3.73 billion current US$ 10
2010s 6.05 billion current US$ 4.26 billion current US$ 7.63 billion current US$ 10
2020s 7.34 billion current US$ 7.16 billion current US$ 7.51 billion current US$ 2

Countries ranked near Philippines

  1. 47 Singapore 9.64 billion current US$ compare
  2. 48 Romania 9.51 billion current US$ compare
  3. 49 Iraq 9.47 billion current US$ compare
  4. 51 Morocco 7.33 billion current US$ compare
  5. 52 Peru 7.28 billion current US$ compare
  6. 53 Algeria 7.12 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is adjusted savings: education expenditure in Philippines?
Adjusted savings: education expenditure in Philippines was 7.51 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Philippines?
The highest recorded value was 7.63 billion current US$ in 2019.
What is the lowest adjusted savings: education expenditure recorded in Philippines?
The lowest recorded value was 197.20 million current US$ in 1972.
How does Philippines rank for adjusted savings: education expenditure?
Philippines ranks 50th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Philippines?
Over the last ten years it is up 57.3%. The long-run trend across the full record is volatile.
Where does this Philippines 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.