Current education expenditure, total in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Current education expenditure, total was 95.1% in 2023. ▬ Flat
Current education expenditure, total in Latin America & the Caribbean (IDA & IBRD countries), 2002–2023
Source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of total expenditure in public institutions.
Analysis
The most recent figure for current education expenditure, total in Latin America & the Caribbean (IDA & IBRD countries) is 95.1%, measured in 2023.
Compared with earlier readings it is down 0.8% on the previous year and down 0.8% over ten years.
Over the whole period, current education expenditure, total in Latin America & the Caribbean (IDA & IBRD countries) peaked at 96.3% in 2018 and was at its lowest, 92.4%, in 2002.
Current education expenditure, total in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of total expenditure in public institutions | Change |
|---|---|---|
| 2002 | 92.4% | — |
| 2016 | 95.9% | +3.8% |
| 2017 | 95.6% | -0.3% |
| 2018 | 96.3% | +0.8% |
| 2019 | 96.1% | -0.3% |
| 2020 | 96.2% | +0.1% |
| 2021 | 95.8% | -0.4% |
| 2022 | 95.8% | +0.0% |
| 2023 | 95.1% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.4% | 92.4% | 92.4% | 1 |
| 2010s | 96.0% | 95.6% | 96.3% | 4 |
| 2020s | 95.7% | 95.1% | 96.2% | 4 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 1 Aruba 100.0% compare
- 1 British Virgin Islands 100.0% compare
- 1 Ireland 100.0% compare
- 1 Kazakhstan 100.0% compare
- 1 Saint Vincent and the Grenadines 100.0% compare
More education data for Latin America & the Caribbean (IDA & IBRD countries)
- Primary education, teachers, gaps filled 3.22 million (2024)
- Secondary education, pupils, gaps filled 62.34 million (2024)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 60.53 million (2024)
- Primary education, pupils, annual growth rate -0.1513 % change on previous year (2024)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2024)
- Primary education, pupils, per capita 0.0936 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 22.3% (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is current education expenditure, total in Latin America & the Caribbean (IDA & IBRD countries)?
- Current education expenditure, total in Latin America & the Caribbean (IDA & IBRD countries) was 95.1% 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 96.3% in 2018.
- What is the lowest current education expenditure, total recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 92.4% in 2002.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for current education expenditure, total?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 2nd out of 19 groups with data for 2023.
- Is current education expenditure, total rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is flat.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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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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).