Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Saint Vincent and the Grenadines

Education expenditure (% of GDP) in Saint Vincent and the Grenadines in 2023 — 6.46%. Ranked 10 in the world out of 121. Since 1986, the indicator has risen by 2.03 pp.

2023 6.46% −0.62 pp vs 2022
World rank 10of 121
Period maximum 8.17%2003
Period minimum 4.03%1998

Trend over time

1986–2023 · % of GDP

Education expenditure (% of GDP) — Saint Vincent and the Grenadines, 1986–20234681019861990199419982002200620102014201820221986: 4.43%1989: 4.47%1991: 4.87%1998: 4.03%1999: 5.75%2000: 7.33%2002: 7.39%2003: 8.17%2005: 6.03%2007: 5.44%2009: 5.38%2010: 4.81%2015: 4.96%2016: 5.45%2017: 5.38%2018: 5.22%2020: 5.46%2022: 7.08%2023: 6.46%
Change over the period: +2.03 pp Annual average: 0.05 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Saint Vincent and the Grenadines

Saint Vincent and the Grenadines 6.46%
World 3.57%
Caribbean computed 3.78%
Education expenditure (% of GDP) — Saint Vincent and the Grenadines, by year Saint Vincent and the Grenadines All countries CSV XLSX
Year % Change, pp
2023 6.46 −0.62 pp
2022 7.08
2020 5.46
2018 5.22 −0.16 pp
2017 5.38 −0.07 pp
2016 5.45 +0.5 pp
2015 4.96
2010 4.81 −0.57 pp
2009 5.38
2007 5.44
2005 6.03
2003 8.17 +0.79 pp
2002 7.39
2000 7.33 +1.58 pp
1999 5.75 +1.72 pp
1998 4.03
1991 4.87
1989 4.47
1986 4.43

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.