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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Education Spending (% of GDP)
Latin America & Caribbean 16.04%
Sub-Saharan Africa 15.52%
East Asia & Pacific 13.72%
World 12.74%
OECD members 11.17%
North America 11.05%
European Union 10.72%
Euro Area 10.48%
South Asia 10.22%
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%