Current education expenditure, tertiary in Latin America & Caribbean
Latin America & Caribbean: Current education expenditure, tertiary was 94.7% in 2023. ▬ Flat
Current education expenditure, tertiary in Latin America & Caribbean, 2002–2023
Source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of total expenditure in tertiary public institutions.
Analysis
In 2023, current education expenditure, tertiary in Latin America & Caribbean stood at 94.7%.
Compared with earlier readings it is down 1.5% on the previous year and down 0.5% over ten years.
Over the whole period, current education expenditure, tertiary in Latin America & Caribbean peaked at 96.1% in 2022 and was at its lowest, 93.5%, in 2020.
Current education expenditure, tertiary in Latin America & Caribbean, year by year
| Year | % of total expenditure in tertiary public institutions | Change |
|---|---|---|
| 2002 | 93.9% | — |
| 2016 | 95.1% | +1.3% |
| 2017 | 95.8% | +0.7% |
| 2018 | 95.3% | -0.5% |
| 2019 | 93.7% | -1.7% |
| 2020 | 93.5% | -0.2% |
| 2021 | 94.1% | +0.6% |
| 2022 | 96.1% | +2.1% |
| 2023 | 94.7% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 93.9% | 93.9% | 93.9% | 1 |
| 2010s | 95.0% | 93.7% | 95.8% | 4 |
| 2020s | 94.6% | 93.5% | 96.1% | 4 |
Countries ranked near Latin America & Caribbean
- 7 South Africa 100.0% compare
- 8 Maldives 100.0% compare
More education data for Latin America & Caribbean
- Primary education, teachers, gaps filled 3.34 million (2024)
- Secondary education, pupils, gaps filled 63.30 million (2024)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 61.44 million (2024)
- Primary education, pupils, annual growth rate -0.1923 % change on previous year (2024)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2024)
- Primary education, pupils, per capita 0.0928 units per person (2024)
- Population ages 15-64 67.7% (2025)
- Secondary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Population ages 0-14 22.1% (2025)
Frequently asked questions
- What is current education expenditure, tertiary in Latin America & Caribbean?
- Current education expenditure, tertiary in Latin America & Caribbean was 94.7% 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?
- The highest recorded value was 96.1% in 2022.
- What is the lowest current education expenditure, tertiary recorded in Latin America & Caribbean?
- The lowest recorded value was 93.5% in 2020.
- How does Latin America & Caribbean rank for current education expenditure, tertiary?
- Latin America & Caribbean ranks 5th out of 18 groups with data for 2023.
- Is current education expenditure, tertiary rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is flat.
- Where does this Latin America & Caribbean 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.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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).