Government expenditure on education, total in Latin America & Caribbean

Latin America & Caribbean: Government expenditure on education, total was 3.8% in 2023. ▲ Rising

Latest (2023)
3.8%
Change on year
down 1.1%
Rank
15th
of 46 groups
All-time high
5.5%
in 2009
All-time low
3.0%
in 1995
Years of data
26
1995–2023

Government expenditure on education, total in Latin America & Caribbean, 1995–2023

02461995200920231995: 3 % of GDP1998: 3.3 % of GDP1999: 3.8 % of GDP2000: 3.8 % of GDP2001: 3.8 % of GDP2002: 3.9 % of GDP2003: 3.5 % of GDP2004: 3.7 % of GDP2006: 3.9 % of GDP2007: 4.1 % of GDP2008: 4.6 % of GDP2009: 5.5 % of GDP2010: 4.6 % of GDP2011: 4.1 % of GDP2012: 4.8 % of GDP2013: 4.9 % of GDP2014: 4.7 % of GDP2015: 4.4 % of GDP2016: 4.4 % of GDP2017: 4.4 % of GDP2018: 4.5 % of GDP2019: 4.5 % of GDP2020: 4.5 % of GDP2021: 4.1 % of GDP2022: 3.9 % of GDP2023: 3.8 % of GDP

Source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of GDP.

Analysis

The most recent figure for government expenditure on education, total in Latin America & Caribbean is 3.8%, measured in 2023.

Compared with earlier readings it is down 1.1% on the previous year and down 21.7% over ten years.

Over the whole period, government expenditure on education, total in Latin America & Caribbean peaked at 5.5% in 2009 and was at its lowest, 3.0%, in 1995.

That places Latin America & Caribbean 15th out of 46 groups with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Government expenditure on education, total in Latin America & Caribbean, year by year

Annual values for Government expenditure on education, total (% of GDP) in Latin America & Caribbean, 1995 to 2023.
Year % of GDP Change
1995 3.0%
1998 3.3% +9.8%
1999 3.8% +14.5%
2000 3.8% +0.1%
2001 3.8% +2.3%
2002 3.9% +1.0%
2003 3.5% -9.0%
2004 3.7% +5.7%
2006 3.9% +4.9%
2007 4.1% +4.2%
2008 4.6% +12.8%
2009 5.5% +18.6%
2010 4.6% -15.8%
2011 4.1% -9.8%
2012 4.8% +14.9%
2013 4.9% +2.3%
2014 4.7% -3.9%
2015 4.4% -5.2%
2016 4.4% -0.8%
2017 4.4% -0.1%
2018 4.5% +1.2%
2019 4.5% +1.1%
2020 4.5% +0.5%
2021 4.1% -9.9%
2022 3.9% -5.5%
2023 3.8% -1.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.3% 3.0% 3.8% 3
2000s 4.1% 3.5% 5.5% 9
2010s 4.5% 4.1% 4.9% 10
2020s 4.1% 3.8% 4.5% 4

Countries ranked near Latin America & Caribbean

  1. 12 Bolivia, Plurinational State of 7.5% compare
  2. 13 Sweden 7.3% compare
  3. 14 Iceland 7.3% compare
  4. 15 Venezuela, Bolivarian Republic of 6.9% compare
  5. 16 Kyrgyzstan 6.8% compare
  6. 17 Tunisia 6.7% compare
  7. 18 Lesotho 6.6% compare

See the full ranking of 242 places →

More education data for Latin America & Caribbean

All data for Latin America & Caribbean →

Frequently asked questions

What is government expenditure on education, total in Latin America & Caribbean?
Government expenditure on education, total in Latin America & Caribbean was 3.8% in 2023, according to Data API, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest government expenditure on education, total recorded in Latin America & Caribbean?
The highest recorded value was 5.5% in 2009.
What is the lowest government expenditure on education, total recorded in Latin America & Caribbean?
The lowest recorded value was 3.0% in 1995.
How does Latin America & Caribbean rank for government expenditure on education, total?
Latin America & Caribbean ranks 15th out of 46 groups with data for 2023.
Is government expenditure on education, total rising or falling in Latin America & Caribbean?
Over the last ten years it is down 21.7%. The long-run trend across the full record is rising.
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 Government expenditure on education, total (% of GDP). Statizoid updates them automatically from the source API.

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Government expenditure on education, total in Latin America & Caribbean. Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 14 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-total-percent-of-gdp/latin-america-and-caribbean/

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About this data

Indicator
Government expenditure on education, total (% of GDP)
Unit
% of GDP
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 6,340 data points, 1970–2025
Last refreshed

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.