Latin America & Caribbean Education Spending 2000-2024
General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
- Latin America & Caribbean education spending for 2021 was 16.04%, a 0.43% increase from 2020.
- Latin America & Caribbean education spending for 2020 was 15.60%, a 1.27% increase from 2019.
- Latin America & Caribbean education spending for 2019 was 14.33%, a 0.85% decline from 2018.
- Latin America & Caribbean education spending for 2018 was 15.18%, a 0.29% decline from 2017.
Latin America & Caribbean Education Spending - Historical Data |
Year |
Education Spending (% of GDP) |
Annual Change |
2021 |
16.04% |
0.43% |
2020 |
15.60% |
1.27% |
2019 |
14.33% |
-0.85% |
2018 |
15.18% |
-0.29% |
2017 |
15.47% |
-0.08% |
2016 |
15.55% |
-0.69% |
2015 |
16.24% |
0.55% |
2014 |
15.69% |
-0.05% |
2013 |
15.74% |
0.23% |
2012 |
15.51% |
0.55% |
2011 |
14.97% |
-0.96% |
2010 |
15.93% |
1.15% |
2003 |
14.77% |
-0.92% |
2002 |
15.69% |
0.44% |
2000 |
15.25% |
0.44% |