Government expenditure on tertiary education, constant PPP$ in China

China: Government expenditure on tertiary education, constant PPP$ was 292,222 millions in 2023. ◆ Volatile

Latest (2023)
292,222 millions
World rank
2nd
of 146 countries
All-time high
292,222 millions
in 2023
All-time low
11,222 millions
in 1992
Years of data
8
1992–2023

Government expenditure on tertiary education, constant PPP$ in China, 1992–2023

0100.0k200.0k300.0k1992200720231992: 11.2k millions1993: 11.5k millions1994: 14.3k millions1995: 13.5k millions1996: 15.0k millions1998: 13.9k millions1999: 23.5k millions2023: 292.2k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

China recorded 292,222 millions for government expenditure on tertiary education, constant ppp$ in 2023. That is the highest value across all 8 years on record.

Over the whole period, government expenditure on tertiary education, constant ppp$ in China peaked at 292,222 millions in 2023 and was at its lowest, 11,222 millions, in 1992.

China ranks 2nd of 146 countries on this measure, in the top 10%.

Government expenditure on tertiary education, constant PPP$ in China, year by year

Annual values for Government expenditure on tertiary education, constant PPP$ (millions) in China, 1992 to 2023.
Year millions Change
1992 11,222 millions
1993 11,451 millions +2.0%
1994 14,293 millions +24.8%
1995 13,452 millions -5.9%
1996 14,965 millions +11.2%
1998 13,887 millions -7.2%
1999 23,550 millions +69.6%
2023 292,222 millions +1140.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 14,688 millions 11,222 millions 23,550 millions 7
2020s 292,222 millions 292,222 millions 292,222 millions 1

Countries ranked near China

  1. 1 United States of America 405,813 millions compare
  2. 3 India 174,281 millions compare
  3. 4 Germany 75,096 millions compare
  4. 5 United Kingdom of Great Britain and Northern Ireland 56,000 millions compare

See the full ranking of 146 places →

More education data for China

All data for China →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in China?
Government expenditure on tertiary education, constant ppp$ in China was 292,222 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in China?
The highest recorded value was 292,222 millions in 2023.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in China?
The lowest recorded value was 11,222 millions in 1992.
How does China rank for government expenditure on tertiary education, constant ppp$?
China ranks 2nd out of 146 countries with data for 2023.
Where does this China data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant PPP$ in China. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-ppp-millions-2/china/

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
146 places, 2,483 data points, 1984–2024
Last refreshed

February 2026 Data Release