Adjusted savings: education expenditure in United Kingdom

United Kingdom: Adjusted savings: education expenditure was 158.89 billion current US$ in 2021. ◆ Volatile

Latest (2021)
158.89 billion current US$
Change on year
up 17.9%
World rank
4th
of 195 countries
All-time high
165.94 billion current US$
in 2014
All-time low
6.38 billion current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: education expenditure in United Kingdom, 1970–2021

050.0B100.0B150.0B197019952021

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

Analysis

In 2021, adjusted savings: education expenditure in United Kingdom stood at 158.89 billion current US$.

Compared with earlier readings it is up 17.9% on the previous year and up 15.2% over ten years.

Over the whole period, adjusted savings: education expenditure in United Kingdom peaked at 165.94 billion current US$ in 2014 and was at its lowest, 6.38 billion current US$, in 1970.

That places United Kingdom 4th 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 13.10 billion current US$ 6.38 billion current US$ 23.58 billion current US$ 10
1980s 30.36 billion current US$ 23.02 billion current US$ 41.70 billion current US$ 10
1990s 61.95 billion current US$ 46.97 billion current US$ 82.04 billion current US$ 10
2000s 105.44 billion current US$ 62.51 billion current US$ 147.09 billion current US$ 10
2010s 146.00 billion current US$ 137.08 billion current US$ 165.94 billion current US$ 10
2020s 146.82 billion current US$ 134.74 billion current US$ 158.89 billion current US$ 2

Countries ranked near United Kingdom

  1. 1 United States 1.05 trillion current US$ compare
  2. 2 China 314.55 billion current US$ compare
  3. 3 Germany 199.97 billion current US$ compare
  4. 5 France 146.12 billion current US$ compare
  5. 6 Japan 135.88 billion current US$ compare
  6. 7 India 96.31 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is adjusted savings: education expenditure in United Kingdom?
Adjusted savings: education expenditure in United Kingdom was 158.89 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in United Kingdom?
The highest recorded value was 165.94 billion current US$ in 2014.
What is the lowest adjusted savings: education expenditure recorded in United Kingdom?
The lowest recorded value was 6.38 billion current US$ in 1970.
How does United Kingdom rank for adjusted savings: education expenditure?
United Kingdom ranks 4th out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in United Kingdom?
Over the last ten years it is up 15.2%. The long-run trend across the full record is volatile.
Where does this United Kingdom 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.