Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Cayman Islands

Education expenditure (% of GDP) in the Cayman Islands in 2023 — 1.57%. Ranked 113 in the world out of 121. Since 2018, the indicator has fallen by 0.59 pp.

2023 1.57% +0.08 pp vs 2022
World rank 113of 121
Period maximum 2.16%2018
Period minimum 1.14%2019

Trend over time

2018–2023 · % of GDP

Education expenditure (% of GDP) — Cayman Islands, 2018–202311.522.52018201920202021202220232018: 2.16%2019: 1.14%2020: 1.46%2021: 1.31%2022: 1.49%2023: 1.57%
Change over the period: −0.59 pp Annual average: -0.12 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Cayman Islands

Cayman Islands 1.57%
World 3.57%
Caribbean computed 3.78%
Education expenditure (% of GDP) — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year % Change, pp
2023 1.57 +0.08 pp
2022 1.49 +0.18 pp
2021 1.31 −0.14 pp
2020 1.46 +0.32 pp
2019 1.14 −1.03 pp
2018 2.16

About the indicator

Total government expenditure on education (current, capital and transfers) as a percentage of GDP, covering all levels from preprimary to tertiary. The international benchmark of the Incheon Declaration is 4–6% of GDP. The indicator leaves out private spending by households, which in some countries is comparable to public spending.

Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.