Adjusted savings: education expenditure in Serbia

Serbia: Adjusted savings: education expenditure was 2.24 billion current US$ in 2021. ▲ Rising

Latest (2021)
2.24 billion current US$
Change on year
up 17.2%
World rank
83rd
of 195 countries
All-time high
2.36 billion current US$
in 2008
All-time low
301.84 million current US$
in 2000
Years of data
25
1997–2021

Adjusted savings: education expenditure in Serbia, 1997–2021

500.0M1.0B1.5B2.0B2.5B1997200920211997: 1.1B current US$1998: 854.7M current US$1999: 851.8M current US$2000: 301.8M current US$2001: 569.2M current US$2002: 748.6M current US$2003: 981.0M current US$2004: 1.1B current US$2005: 1.2B current US$2006: 1.4B current US$2007: 1.8B current US$2008: 2.4B current US$2009: 2.1B current US$2010: 1.9B current US$2011: 2.1B current US$2012: 1.8B current US$2013: 1.9B current US$2014: 1.8B current US$2015: 1.5B current US$2016: 1.4B current US$2017: 1.6B current US$2018: 1.8B current US$2019: 1.8B current US$2020: 1.9B current US$2021: 2.2B current US$

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

Analysis

Serbia recorded 2.24 billion current US$ for adjusted savings: education expenditure in 2021.

The figure is up 17.2% on the previous year and up 5.7% over ten years.

Over the whole period, adjusted savings: education expenditure in Serbia peaked at 2.36 billion current US$ in 2008 and was at its lowest, 301.84 million current US$, in 2000.

Serbia ranks 83rd of 195 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 944.98 million current US$ 851.83 million current US$ 1.13 billion current US$ 3
2000s 1.26 billion current US$ 301.84 million current US$ 2.36 billion current US$ 10
2010s 1.75 billion current US$ 1.43 billion current US$ 2.12 billion current US$ 10
2020s 2.08 billion current US$ 1.91 billion current US$ 2.24 billion current US$ 2

Countries ranked near Serbia

  1. 80 Lithuania 2.48 billion current US$ compare
  2. 81 Bolivia 2.39 billion current US$ compare
  3. 82 Dominican Republic 2.26 billion current US$ compare
  4. 84 Angola 2.22 billion current US$ compare
  5. 85 Cote d'Ivoire 2.16 billion current US$ compare
  6. 86 Azerbaijan 2.08 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is adjusted savings: education expenditure in Serbia?
Adjusted savings: education expenditure in Serbia was 2.24 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Serbia?
The highest recorded value was 2.36 billion current US$ in 2008.
What is the lowest adjusted savings: education expenditure recorded in Serbia?
The lowest recorded value was 301.84 million current US$ in 2000.
How does Serbia rank for adjusted savings: education expenditure?
Serbia ranks 83rd out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Serbia?
Over the last ten years it is up 5.7%. The long-run trend across the full record is rising.
Where does this Serbia 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.

Download this data

CSV · JSON — 25 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.