Government expenditure on education, total in Latin America & Caribbean

Latin America & Caribbean: Government expenditure on education, total was 16.6% in 2024. ▲ Rising

Latest (2024)
16.6%
Change on year
up 0.1%
Rank
5th
of 46 groups
All-time high
17.9%
in 2016
All-time low
12.8%
in 1998
Years of data
22
1995–2024

Government expenditure on education, total in Latin America & Caribbean, 1995–2024

051015201995200920241995: 15 % of government expenditure1998: 12.8 % of government expenditure1999: 14.7 % of government expenditure2000: 15.3 % of government expenditure2002: 16.1 % of government expenditure2003: 14.7 % of government expenditure2007: 17 % of government expenditure2010: 16.1 % of government expenditure2011: 15.3 % of government expenditure2012: 17.1 % of government expenditure2013: 16.5 % of government expenditure2014: 16 % of government expenditure2015: 16.4 % of government expenditure2016: 17.9 % of government expenditure2017: 16.7 % of government expenditure2018: 16.6 % of government expenditure2019: 15.4 % of government expenditure2020: 16.2 % of government expenditure2021: 15.9 % of government expenditure2022: 16.4 % of government expenditure2023: 16.5 % of government expenditure2024: 16.6 % of government expenditure

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

Analysis

The most recent figure for government expenditure on education, total in Latin America & Caribbean is 16.6%, measured in 2024.

The figure is up 0.1% on the previous year and up 3.4% over ten years.

Over the whole period, government expenditure on education, total in Latin America & Caribbean peaked at 17.9% in 2016 and was at its lowest, 12.8%, in 1998.

That places Latin America & Caribbean 5th out of 46 groups with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 22 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 government expenditure) in Latin America & Caribbean, 1995 to 2024.
Year % of government expenditure Change
1995 15.0%
1998 12.8% -14.2%
1999 14.7% +14.6%
2000 15.3% +3.6%
2002 16.1% +5.3%
2003 14.7% -8.8%
2007 17.0% +15.7%
2010 16.1% -5.1%
2011 15.3% -5.0%
2012 17.1% +11.7%
2013 16.5% -3.3%
2014 16.0% -3.1%
2015 16.4% +2.7%
2016 17.9% +9.1%
2017 16.7% -6.7%
2018 16.6% -0.9%
2019 15.4% -7.3%
2020 16.2% +5.4%
2021 15.9% -1.7%
2022 16.4% +3.1%
2023 16.5% +0.8%
2024 16.6% +0.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.2% 12.8% 15.0% 3
2000s 15.7% 14.7% 17.0% 4
2010s 16.4% 15.3% 17.9% 10
2020s 16.3% 15.9% 16.6% 5

Countries ranked near Latin America & Caribbean

  1. 2 Kenya 28.5% compare
  2. 3 Turkmenistan 27.6% compare
  3. 4 Solomon Islands 25.2% compare
  4. 5 Namibia 24.6% compare
  5. 6 Morocco 23.3% compare
  6. 7 Honduras 23.2% compare
  7. 8 Bhutan 22.2% compare

See the full ranking of 239 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 16.6% in 2024, 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 17.9% in 2016.
What is the lowest government expenditure on education, total recorded in Latin America & Caribbean?
The lowest recorded value was 12.8% in 1998.
How does Latin America & Caribbean rank for government expenditure on education, total?
Latin America & Caribbean ranks 5th out of 46 groups with data for 2024.
Is government expenditure on education, total rising or falling in Latin America & Caribbean?
Over the last ten years it is up 3.4%. 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 government expenditure). 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 16 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-total-percent-of-government-expenditure/latin-america-and-caribbean/

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About this data

Indicator
Government expenditure on education, total (% of government expenditure)
Unit
% of government expenditure
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
239 places, 5,722 data points, 1980–2025
Last refreshed

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.