government
Global Education Spending Today
Estimated global public education expenditure accumulated today. Calculated from government expenditure on education as % of GDP applied to world GDP, divided by 365.
WLDTier 1 Source
Global Education Spending Today
Official value (2023): $3,751,789,182,748
+11.5%in time period
Global Education Spending Today growth (2014–2023)
+11.5%in time period
Chart data: 2014: 3,365,875,891,920.929 current US$, 2015: 3,188,567,925,819.714 current US$, 2016: 3,237,904,040,995.822 current US$, 2017: 3,337,038,482,321.341 current US$, 2018: 3,613,023,993,672.794 current US$, 2019: 3,678,921,818,297.656 current US$, 2020: 3,730,542,453,152.059 current US$, 2021: 4,153,920,574,547.404 current US$, 2022: 3,933,850,941,688.452 current US$, 2023: 3,751,789,182,748.278 current US$
Frequently Asked Questions
- What is Global Education Spending Today in 2023?
- As of 2023, Global Education Spending Today stands at approximately $3.8 trillion, based on official data from World Bank Open Data. This figure is updated annually and reflects the most recent verified measurement available.
- Is Global Education Spending Today increasing or decreasing?
- Global Education Spending Today is currently declining at approximately 4.6% per year. This rate is derived from the most recent multi-year trend reported by World Bank Open Data.
- What does Global Education Spending Today measure?
- Estimated global public education expenditure accumulated today. Data is collected by World Bank Open Data using standardized international methodology across all member countries.
See Also
How is this calculated? Read the methodology