Adjusted savings: education expenditure in Spain

Spain: Adjusted savings: education expenditure was 57.43 billion current US$ in 2021. ◆ Volatile

Latest (2021)
57.43 billion current US$
Change on year
up 12.1%
World rank
14th
of 195 countries
All-time high
65.05 billion current US$
in 2008
All-time low
526.12 million current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: education expenditure in Spain, 1970–2021

020.0B40.0B60.0B197019952021

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

Analysis

Spain recorded 57.43 billion current US$ for adjusted savings: education expenditure in 2021.

Compared with earlier readings it is up 12.1% on the previous year and down 11.3% over ten years.

Over the whole period, adjusted savings: education expenditure in Spain peaked at 65.05 billion current US$ in 2008 and was at its lowest, 526.12 million current US$, in 1970.

That places Spain 14th out of 195 countries with data for 2021, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.89 billion current US$ 526.12 million current US$ 4.46 billion current US$ 10
1980s 6.57 billion current US$ 3.95 billion current US$ 12.72 billion current US$ 10
1990s 23.08 billion current US$ 17.51 billion current US$ 27.24 billion current US$ 10
2000s 42.37 billion current US$ 22.87 billion current US$ 65.05 billion current US$ 10
2010s 55.49 billion current US$ 48.53 billion current US$ 64.73 billion current US$ 10
2020s 54.34 billion current US$ 51.24 billion current US$ 57.43 billion current US$ 2

Countries ranked near Spain

  1. 11 Russia 76.94 billion current US$ compare
  2. 12 Australia 76.93 billion current US$ compare
  3. 13 South Korea 70.32 billion current US$ compare
  4. 15 Mexico 53.04 billion current US$ compare
  5. 16 Saudi Arabia 51.54 billion current US$ compare
  6. 17 Netherlands 46.54 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is adjusted savings: education expenditure in Spain?
Adjusted savings: education expenditure in Spain was 57.43 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Spain?
The highest recorded value was 65.05 billion current US$ in 2008.
What is the lowest adjusted savings: education expenditure recorded in Spain?
The lowest recorded value was 526.12 million current US$ in 1970.
How does Spain rank for adjusted savings: education expenditure?
Spain ranks 14th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Spain?
Over the last ten years it is down 11.3%. The long-run trend across the full record is volatile.
Where does this Spain 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.