Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Nicaragua

Education expenditure (% of GDP) in Nicaragua in 2023 — 2.87%. Ranked 85 in the world out of 121. Since 1970, the indicator has risen by 0.83 pp.

2023 2.87% −0.93 pp vs 2022
World rank 85of 121
Period maximum 5.35%1987
Period minimum 2.04%1970

Trend over time

1970–2023 · % of GDP

Education expenditure (% of GDP) — Nicaragua, 1970–20232345619701976198219881994200020062012201820231970: 2.04%1971: 2.49%1987: 5.35%1992: 2.98%1998: 2.23%1999: 2.92%2000: 3%2002: 2.39%2003: 2.42%2010: 4.48%2014: 4.08%2015: 4.08%2016: 4.08%2017: 4.36%2018: 4.47%2019: 4.6%2020: 4.58%2021: 4.09%2022: 3.8%2023: 2.87%
Change over the period: +0.83 pp Annual average: 0.02 pp

Comparison, 2023

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

Nicaragua 2.87%
World 3.57%
Central America computed 3.63%
Education expenditure (% of GDP) — Nicaragua, by year Nicaragua All countries CSV XLSX
Year % Change, pp
2023 2.87 −0.93 pp
2022 3.8 −0.29 pp
2021 4.09 −0.49 pp
2020 4.58 −0.02 pp
2019 4.6 +0.13 pp
2018 4.47 +0.12 pp
2017 4.36 +0.28 pp
2016 4.08 +0 pp
2015 4.08 −0 pp
2014 4.08
2010 4.48
2003 2.42 +0.03 pp
2002 2.39
2000 3 +0.08 pp
1999 2.92 +0.7 pp
1998 2.23
1992 2.98
1987 5.35
1971 2.49 +0.45 pp
1970 2.04

Central America, 2023

The same indicator for neighboring countries — with links to their pages

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.