Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Grenada

Education expenditure (% of GDP) in Grenada in 2023 — 5.13%. Ranked 27 in the world out of 121. Since 2003, the indicator has risen by 1.2 pp.

2023 5.13% +1.09 pp vs 2022
World rank 27of 121
Period maximum 5.49%2011
Period minimum 3.17%2017

Trend over time

2003–2023 · % of GDP

Education expenditure (% of GDP) — Grenada, 2003–20233456200320052007200920112013201520172019202120232003: 3.93%2010: 5.08%2011: 5.49%2012: 5.07%2014: 4.48%2015: 4.24%2017: 3.17%2018: 3.56%2021: 4.09%2022: 4.04%2023: 5.13%
Change over the period: +1.2 pp Annual average: 0.06 pp

Comparison, 2023

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

Grenada 5.13%
World 3.57%
Caribbean computed 3.78%
Education expenditure (% of GDP) — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2023 5.13 +1.09 pp
2022 4.04 −0.05 pp
2021 4.09
2018 3.56 +0.39 pp
2017 3.17
2015 4.24 −0.24 pp
2014 4.48
2012 5.07 −0.41 pp
2011 5.49 +0.41 pp
2010 5.08
2003 3.93

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.