Education expenditure in the budget in Latin America & Caribbean in 2024 — 16.56%. Since 1995, the indicator has risen by 1.6 pp.
1995–2024 · % of government expenditure
| Year | % | Change, pp |
|---|---|---|
| 2024 | 16.56 | +0.01 pp |
| 2023 | 16.55 | +0.12 pp |
| 2022 | 16.42 | +0.5 pp |
| 2021 | 15.92 | −0.27 pp |
| 2020 | 16.2 | +0.83 pp |
| 2019 | 15.37 | −1.21 pp |
| 2018 | 16.58 | −0.15 pp |
| 2017 | 16.73 | −1.21 pp |
| 2016 | 17.94 | +1.5 pp |
| 2015 | 16.44 | +0.42 pp |
| 2014 | 16.01 | −0.51 pp |
| 2013 | 16.52 | −0.56 pp |
| 2012 | 17.08 | +1.79 pp |
| 2011 | 15.29 | −0.81 pp |
| 2010 | 16.1 | — |
| 2007 | 16.96 | — |
| 2003 | 14.66 | −1.41 pp |
| 2002 | 16.06 | — |
| 2000 | 15.25 | +0.53 pp |
| 1999 | 14.72 | +1.87 pp |
| 1998 | 12.84 | — |
| 1995 | 14.96 | — |
Government expenditure on education as a percentage of total government expenditure. Unlike the share of GDP, it shows the priority within the budget: a country may spend little on education as a percentage of GDP, yet with a small state that turns out to be a significant part of all expenditure. The international benchmark agreed under the Dakar Framework for Action is fifteen to twenty percent of the budget.
Important: The aggregate is weighted by government consumption in dollars: it accounts for about two thirds of all budget expenditure, and the source does not publish absolute spending. The same device is used for military expenditure in the budget.
Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.
Government spending on education at all levels as a percentage of GDP.
Defense Military expenditure share of the budgetWhat part of government spending goes to defense.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.