Adjusted savings: education expenditure in United States

United States: Adjusted savings: education expenditure was 1.05 trillion current US$ in 2021. ◆ Volatile

Latest (2021)
1.05 trillion current US$
Change on year
up 10.0%
World rank
1st
of 195 countries
All-time high
1.05 trillion current US$
in 2021
All-time low
80.09 billion current US$
in 1970
Years of data
52
1970–2021

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

0200.0B400.0B600.0B800.0B1.0T197019952021

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

Analysis

The most recent figure for adjusted savings: education expenditure in United States is 1.05 trillion current US$, measured in 2021. That is the highest value across all 52 years on record.

The figure is up 10.0% on the previous year and up 30.8% over ten years.

Over the whole period, adjusted savings: education expenditure in United States peaked at 1.05 trillion current US$ in 2021 and was at its lowest, 80.09 billion current US$, in 1970.

That places United States 1st 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 115.78 billion current US$ 80.09 billion current US$ 164.69 billion current US$ 10
1980s 230.34 billion current US$ 179.36 billion current US$ 309.05 billion current US$ 10
1990s 357.53 billion current US$ 259.70 billion current US$ 414.81 billion current US$ 10
2000s 593.89 billion current US$ 468.69 billion current US$ 693.85 billion current US$ 10
2010s 866.76 billion current US$ 734.48 billion current US$ 983.32 billion current US$ 10
2020s 999.08 billion current US$ 951.55 billion current US$ 1.05 trillion current US$ 2

Countries ranked near United States

  1. 2 China 314.55 billion current US$ compare
  2. 3 Germany 199.97 billion current US$ compare
  3. 4 United Kingdom 158.89 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is adjusted savings: education expenditure in United States?
Adjusted savings: education expenditure in United States was 1.05 trillion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in United States?
The highest recorded value was 1.05 trillion current US$ in 2021.
What is the lowest adjusted savings: education expenditure recorded in United States?
The lowest recorded value was 80.09 billion current US$ in 1970.
How does United States rank for adjusted savings: education expenditure?
United States ranks 1st out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in United States?
Over the last ten years it is up 30.8%. The long-run trend across the full record is volatile.
Where does this United States 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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CSV · JSON — 52 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.