Current education expenditure, tertiary in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Current education expenditure, tertiary was 96.3% in 2023. ▬ Flat

Latest (2023)
96.3%
Change on year
down 0.8%
Rank
2nd
of 18 groups
All-time high
97.3%
in 2002
All-time low
89.0%
in 2006
Years of data
14
2002–2023

Current education expenditure, tertiary in Latin America & Caribbean (excluding high income), 2002–2023

0204060801002002201220232002: 97.3 % of total expenditure in tertiary public institutions2006: 89 % of total expenditure in tertiary public institutions2007: 95.1 % of total expenditure in tertiary public institutions2010: 91.5 % of total expenditure in tertiary public institutions2012: 92.5 % of total expenditure in tertiary public institutions2015: 92.8 % of total expenditure in tertiary public institutions2016: 95.1 % of total expenditure in tertiary public institutions2017: 95.4 % of total expenditure in tertiary public institutions2018: 96.7 % of total expenditure in tertiary public institutions2019: 94.7 % of total expenditure in tertiary public institutions2020: 96.1 % of total expenditure in tertiary public institutions2021: 95.5 % of total expenditure in tertiary public institutions2022: 97.1 % of total expenditure in tertiary public institutions2023: 96.3 % of total expenditure in tertiary public institutions

Source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of total expenditure in tertiary public institutions.

Analysis

The most recent figure for current education expenditure, tertiary in Latin America & Caribbean (excluding high income) is 96.3%, measured in 2023.

That represents a change of down 0.8% on the previous year and up 4.1% over ten years.

Over the whole period, current education expenditure, tertiary in Latin America & Caribbean (excluding high income) peaked at 97.3% in 2002 and was at its lowest, 89.0%, in 2006.

Current education expenditure, tertiary in Latin America & Caribbean (excluding high income), year by year

Annual values for Current education expenditure, tertiary (% of total expenditure in tertiary public institutions) in Latin America & Caribbean (excluding high income), 2002 to 2023.
Year % of total expenditure in tertiary public institutions Change
2002 97.3%
2006 89.0% -8.5%
2007 95.1% +6.8%
2010 91.5% -3.8%
2012 92.5% +1.2%
2015 92.8% +0.3%
2016 95.1% +2.5%
2017 95.4% +0.4%
2018 96.7% +1.3%
2019 94.7% -2.0%
2020 96.1% +1.4%
2021 95.5% -0.6%
2022 97.1% +1.7%
2023 96.3% -0.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 93.8% 89.0% 97.3% 3
2010s 94.1% 91.5% 96.7% 7
2020s 96.3% 95.5% 97.1% 4

Countries ranked near Latin America & Caribbean (excluding high income)

  1. 1 Aruba 100.0% compare
  2. 1 Cambodia 100.0% compare
  3. 1 Jamaica 100.0% compare
  4. 1 Kazakhstan 100.0% compare
  5. 1 Lebanon 100.0% compare
  6. 1 Seychelles 100.0% compare

See the full ranking of 130 places →

More education data for Latin America & Caribbean (excluding high income)

All data for Latin America & Caribbean (excluding high income) →

Frequently asked questions

What is current education expenditure, tertiary in Latin America & Caribbean (excluding high income)?
Current education expenditure, tertiary in Latin America & Caribbean (excluding high income) was 96.3% in 2023, according to Data API, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest current education expenditure, tertiary recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 97.3% in 2002.
What is the lowest current education expenditure, tertiary recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 89.0% in 2006.
How does Latin America & Caribbean (excluding high income) rank for current education expenditure, tertiary?
Latin America & Caribbean (excluding high income) ranks 2nd out of 18 groups with data for 2023.
Is current education expenditure, tertiary rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 4.1%. The long-run trend across the full record is flat.
Where does this Latin America & Caribbean (excluding high income) data come from?
The figures come from Data API, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Current education expenditure, tertiary (% of total expenditure in tertiary public institutions). Statizoid updates them automatically from the source API.

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Current education expenditure, tertiary in Latin America & Caribbean (excluding high income). Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 16 September 2026, from https://education.statizoid.com/stat/current-education-expenditure-tertiary-percent-of-total-expenditure-in-tertiary-public/latin-america-and-caribbean-excluding-high-income/

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<a href="https://education.statizoid.com/stat/current-education-expenditure-tertiary-percent-of-total-expenditure-in-tertiary-public/latin-america-and-caribbean-excluding-high-income/">Current education expenditure, tertiary in Latin America & Caribbean (excluding high income)</a> — Statizoid

About this data

Indicator
Current education expenditure, tertiary (% of total expenditure in tertiary public institutions)
Unit
% of total expenditure in tertiary public institutions
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 1,854 data points, 1998–2024
Last refreshed

Current expenditure is expressed as a percentage of direct expenditure in public educational institutions (instructional and non-instructional) of the specified level of education. Financial aid to students and other transfers are excluded from direct expenditure. Current expenditure is consumed within the current year and would have to be renewed if needed in the following year. It includes staff compensation and current expenditure other than for staff compensation (ex. on teaching materials, ancillary services and administration).