Expenditure on tertiary education in Latin America & Caribbean

Latin America & Caribbean: Expenditure on tertiary education was 21.0% in 2015. ▲ Rising

Latest (2015)
21.0%
Change on year
up 2.7%
Rank
19th
of 37 groups
All-time high
21.0%
in 2015
All-time low
17.7%
in 2007
Years of data
8
2002–2015

Expenditure on tertiary education in Latin America & Caribbean, 2002–2015

051015202002200820152002: 18.2 % of government expenditure on education2004: 18.1 % of government expenditure on education2007: 17.7 % of government expenditure on education2010: 19.7 % of government expenditure on education2011: 19.8 % of government expenditure on education2013: 18.6 % of government expenditure on education2014: 20.4 % of government expenditure on education2015: 21 % of government expenditure on education

Source: Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of government expenditure on education.

Analysis

In 2015, expenditure on tertiary education in Latin America & Caribbean stood at 21.0%. That is the highest value across all 8 years on record.

Compared with earlier readings it is up 2.7% on the previous year and up 15.9% over ten years.

Over the whole period, expenditure on tertiary education in Latin America & Caribbean peaked at 21.0% in 2015 and was at its lowest, 17.7%, in 2007.

That places Latin America & Caribbean 19th out of 37 groups with data for 2015, putting it in the middle of the range.

Expenditure on tertiary education in Latin America & Caribbean, year by year

Annual values for Expenditure on tertiary education (% of government expenditure on education) in Latin America & Caribbean, 2002 to 2015.
Year % of government expenditure on education Change
2002 18.2%
2004 18.1% -0.5%
2007 17.7% -1.9%
2010 19.7% +10.8%
2011 19.8% +0.9%
2013 18.6% -6.2%
2014 20.4% +9.7%
2015 21.0% +2.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.0% 17.7% 18.2% 3
2010s 19.9% 18.6% 21.0% 5

Countries ranked near Latin America & Caribbean

  1. 16 Kuwait 32.6% compare
  2. 17 Austria 32.5% compare
  3. 18 Netherlands 31.9% compare
  4. 19 Türkiye 31.9% compare
  5. 20 Chad 31.7% compare
  6. 21 South Sudan 31.5% compare
  7. 22 Denmark 30.7% compare

See the full ranking of 197 places →

More education data for Latin America & Caribbean

All data for Latin America & Caribbean →

Frequently asked questions

What is expenditure on tertiary education in Latin America & Caribbean?
Expenditure on tertiary education in Latin America & Caribbean was 21.0% in 2015, according to Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest expenditure on tertiary education recorded in Latin America & Caribbean?
The highest recorded value was 21.0% in 2015.
What is the lowest expenditure on tertiary education recorded in Latin America & Caribbean?
The lowest recorded value was 17.7% in 2007.
How does Latin America & Caribbean rank for expenditure on tertiary education?
Latin America & Caribbean ranks 19th out of 37 groups with data for 2015.
Is expenditure on tertiary education rising or falling in Latin America & Caribbean?
Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
Where does this Latin America & Caribbean data come from?
The figures come from Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Expenditure on tertiary education (% of government expenditure on education). Statizoid updates them automatically from the source API.

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Expenditure on tertiary education in Latin America & Caribbean. Statizoid, drawing on Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 15 September 2026, from https://education.statizoid.com/stat/expenditure-on-tertiary-education-percent-of-government-expenditure-on-education/latin-america-and-caribbean/

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<a href="https://education.statizoid.com/stat/expenditure-on-tertiary-education-percent-of-government-expenditure-on-education/latin-america-and-caribbean/">Expenditure on tertiary education in Latin America & Caribbean</a> — Statizoid

About this data

Indicator
Expenditure on tertiary education (% of government expenditure on education)
Unit
% of government expenditure on education
Source
Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 3,723 data points, 1970–2019
Last refreshed

Expenditure on tertiary education is expressed as a percentage of total general government expenditure on education. General government usually refers to local, regional and central governments.