Adjusted savings: education expenditure in Philippines
Philippines: Adjusted savings: education expenditure was 7.51 billion current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Philippines, 1970–2021
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$, in 1972.
That places Philippines 50th out of 195 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 352.19 million current US$ | 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
More economy & growth data for Philippines
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
- Net primary income (Net income from abroad) 72.84 billion current US$ (2025)
- GNI per capita 275,706 current LCU (2025)
- GNI per capita, Atlas method 4,850 current US$ (2025)
- GNI 32.20 trillion current LCU (2025)
- GNI 559.93 billion current US$ (2025)
- GNI, Atlas method 566.82 billion current US$ (2025)
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
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.