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

Latin America & Caribbean (excluding high income): Current education expenditure, total was 95.4% in 2023. ▲ Rising

Latest (2023)
95.4%
Change on year
down 0.5%
Rank
1st
of 19 groups
All-time high
97.0%
in 2019
All-time low
90.6%
in 2008
Years of data
12
2002–2023

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

0204060801002002201220232002: 92.3 % of total expenditure in public institutions2006: 92.1 % of total expenditure in public institutions2007: 93.3 % of total expenditure in public institutions2008: 90.6 % of total expenditure in public institutions2010: 93.5 % of total expenditure in public institutions2012: 92 % of total expenditure in public institutions2016: 93.8 % of total expenditure in public institutions2019: 97 % of total expenditure in public institutions2020: 96.3 % of total expenditure in public institutions2021: 95.8 % of total expenditure in public institutions2022: 95.8 % of total expenditure in public institutions2023: 95.4 % of total expenditure in public institutions

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

Analysis

In 2023, current education expenditure, total in Latin America & Caribbean (excluding high income) stood at 95.4%.

Compared with earlier readings it is down 0.5% on the previous year and up 3.7% over ten years.

Over the whole period, current education expenditure, total in Latin America & Caribbean (excluding high income) peaked at 97.0% in 2019 and was at its lowest, 90.6%, in 2008.

The long-run direction has been consistently rising across the 12 years of available data.

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

Annual values for Current education expenditure, total (% of total expenditure in public institutions) in Latin America & Caribbean (excluding high income), 2002 to 2023.
Year % of total expenditure in public institutions Change
2002 92.3%
2006 92.1% -0.2%
2007 93.3% +1.3%
2008 90.6% -2.9%
2010 93.5% +3.2%
2012 92.0% -1.6%
2016 93.8% +2.0%
2019 97.0% +3.4%
2020 96.3% -0.8%
2021 95.8% -0.5%
2022 95.8% +0.0%
2023 95.4% -0.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 92.1% 90.6% 93.3% 4
2010s 94.1% 92.0% 97.0% 4
2020s 95.8% 95.4% 96.3% 4

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

  1. 1 Aruba 100.0% compare
  2. 1 British Virgin Islands 100.0% compare
  3. 1 Ireland 100.0% compare
  4. 1 Kazakhstan 100.0% compare
  5. 1 Saint Vincent and the Grenadines 100.0% compare

See the full ranking of 142 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, total in Latin America & Caribbean (excluding high income)?
Current education expenditure, total in Latin America & Caribbean (excluding high income) was 95.4% in 2023, according to Data API, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest current education expenditure, total recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 97.0% in 2019.
What is the lowest current education expenditure, total recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 90.6% in 2008.
How does Latin America & Caribbean (excluding high income) rank for current education expenditure, total?
Latin America & Caribbean (excluding high income) ranks 1st out of 19 groups with data for 2023.
Is current education expenditure, total rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
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, total (% of total expenditure in public institutions). Statizoid updates them automatically from the source API.

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Current education expenditure, total in Latin America & Caribbean (excluding high income). Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 17 September 2026, from https://education.statizoid.com/stat/current-education-expenditure-total-percent-of-total-expenditure-in-public-institutions/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Current education expenditure, total (% of total expenditure in public institutions)
Unit
% of total expenditure in public institutions
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
142 places, 1,964 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).