Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Latin America & Caribbean

Education expenditure (% of GDP) in Latin America & Caribbean in 2023 — 3.82%. Since 1995, the indicator has risen by 0.83 pp.

2023 3.82% −0.04 pp vs 2022
World rank
Period maximum 5.46%2009
Period minimum 2.99%1995

Trend over time

1995–2023 · % of GDP

Education expenditure (% of GDP) — Latin America & Caribbean, 1995–20232345619951998200120042007201020132016201920221995: 2.99%1998: 3.28%1999: 3.75%2000: 3.76%2001: 3.84%2002: 3.88%2003: 3.54%2004: 3.74%2006: 3.92%2007: 4.08%2008: 4.61%2009: 5.46%2010: 4.6%2011: 4.15%2012: 4.77%2013: 4.88%2014: 4.69%2015: 4.45%2016: 4.41%2017: 4.41%2018: 4.46%2019: 4.51%2020: 4.53%2021: 4.09%2022: 3.86%2023: 3.82%
Change over the period: +0.83 pp Annual average: 0.03 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 3.82%
World 3.57%
Education expenditure (% of GDP) — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2023 3.82 −0.04 pp
2022 3.86 −0.23 pp
2021 4.09 −0.45 pp
2020 4.53 +0.02 pp
2019 4.51 +0.05 pp
2018 4.46 +0.05 pp
2017 4.41 −0.01 pp
2016 4.41 −0.03 pp
2015 4.45 −0.24 pp
2014 4.69 −0.19 pp
2013 4.88 +0.11 pp
2012 4.77 +0.62 pp
2011 4.15 −0.45 pp
2010 4.6 −0.86 pp
2009 5.46 +0.86 pp
2008 4.61 +0.52 pp
2007 4.08 +0.17 pp
2006 3.92
2004 3.74 +0.2 pp
2003 3.54 −0.35 pp
2002 3.88 +0.04 pp
2001 3.84 +0.09 pp
2000 3.76 +0 pp
1999 3.75 +0.48 pp
1998 3.28
1995 2.99

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.