Government expenditure on education, total in Latin America & the Caribbean (IDA & IBRD countries)

Latin America & the Caribbean (IDA & IBRD countries): Government expenditure on education, total was 16.3% in 2024. ▲ Rising

Latest (2024)
16.3%
Change on year
up 4.3%
Rank
7th
of 46 groups
All-time high
18.0%
in 2015
All-time low
12.8%
in 1998
Years of data
24
1995–2024

Government expenditure on education, total in Latin America & the Caribbean (IDA & IBRD countries), 1995–2024

051015201995200920241995: 15 % of government expenditure1998: 12.8 % of government expenditure1999: 14.7 % of government expenditure2000: 15.3 % of government expenditure2001: 16.4 % of government expenditure2002: 16.1 % of government expenditure2003: 14.7 % of government expenditure2007: 17 % of government expenditure2008: 17.4 % of government expenditure2010: 16.1 % of government expenditure2011: 15.3 % of government expenditure2012: 17.7 % of government expenditure2013: 16.9 % of government expenditure2014: 17.2 % of government expenditure2015: 18 % of government expenditure2016: 17.9 % of government expenditure2017: 17.9 % of government expenditure2018: 17.2 % of government expenditure2019: 16.5 % of government expenditure2020: 15.9 % of government expenditure2021: 16 % of government expenditure2022: 16.1 % of government expenditure2023: 15.6 % of government expenditure2024: 16.3 % of government expenditure

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

Analysis

Latin America & the Caribbean (IDA & IBRD countries) recorded 16.3% for government expenditure on education, total in 2024.

The figure is up 4.3% on the previous year and down 5.2% over ten years.

Over the whole period, government expenditure on education, total in Latin America & the Caribbean (IDA & IBRD countries) peaked at 18.0% in 2015 and was at its lowest, 12.8%, in 1998.

That places Latin America & the Caribbean (IDA & IBRD countries) 7th out of 46 groups with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Government expenditure on education, total in Latin America & the Caribbean (IDA & IBRD countries), year by year

Annual values for Government expenditure on education, total (% of government expenditure) in Latin America & the Caribbean (IDA & IBRD countries), 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%
2001 16.4% +7.2%
2002 16.1% -1.8%
2003 14.7% -8.8%
2007 17.0% +15.7%
2008 17.4% +2.6%
2010 16.1% -7.5%
2011 15.3% -5.0%
2012 17.7% +15.6%
2013 16.9% -4.4%
2014 17.2% +1.6%
2015 18.0% +4.5%
2016 17.9% -0.1%
2017 17.9% +0.1%
2018 17.2% -4.4%
2019 16.5% -4.0%
2020 15.9% -3.2%
2021 16.0% +0.4%
2022 16.1% +0.8%
2023 15.6% -3.2%
2024 16.3% +4.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.2% 12.8% 15.0% 3
2000s 16.1% 14.7% 17.4% 6
2010s 17.1% 15.3% 18.0% 10
2020s 16.0% 15.6% 16.3% 5

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

  1. 4 Solomon Islands 25.2% compare
  2. 5 Namibia 24.6% compare
  3. 6 Morocco 23.3% compare
  4. 7 Honduras 23.2% compare
  5. 8 Bhutan 22.2% compare
  6. 9 Uzbekistan 22.1% compare
  7. 10 Kazakhstan 22.0% compare

See the full ranking of 239 places →

More education data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is government expenditure on education, total in Latin America & the Caribbean (IDA & IBRD countries)?
Government expenditure on education, total in Latin America & the Caribbean (IDA & IBRD countries) was 16.3% 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 & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 18.0% in 2015.
What is the lowest government expenditure on education, total recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 12.8% in 1998.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for government expenditure on education, total?
Latin America & the Caribbean (IDA & IBRD countries) ranks 7th out of 46 groups with data for 2024.
Is government expenditure on education, total rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is down 5.2%. The long-run trend across the full record is rising.
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 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 & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 18 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-total-percent-of-government-expenditure/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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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.