Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Caribbean

Education expenditure (% of GDP) in the Caribbean in 2023 — 3.78%. Since 2014, the indicator has fallen by 2.04 pp.

2023 3.78% +0.24 pp vs 2022
World rank
Period maximum 5.81%2014
Period minimum 3.54%2022

Trend over time

2014–2023 · % of GDP

Education expenditure (% of GDP) — Caribbean, 2014–2023345620142015201620172018201920202021202220232014: 5.81%2015: 4.95%2017: 4.66%2018: 4.55%2022: 3.54%2023: 3.78%
Change over the period: −2.04 pp Annual average: -0.23 pp

Comparison, 2023

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

Caribbean 3.78%
World 3.57%
Education expenditure (% of GDP) — Caribbean, by year Caribbean All countries CSV XLSX
Year % Change, pp
2023 3.78 +0.24 pp
2022 3.54
2018 4.55 −0.12 pp
2017 4.66
2015 4.95 −0.87 pp
2014 5.81

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.