Faroe Islands Education Spending 2012-2023
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.
- Faroe Islands education spending for 2020 was 14.36%, a 1.05% decline from 2019.
- Faroe Islands education spending for 2019 was 15.41%, a 1.95% decline from 2018.
- Faroe Islands education spending for 2018 was 17.36%, a 0.12% increase from 2017.
- Faroe Islands education spending for 2017 was 17.25%, a 0.99% increase from 2016.
| Faroe Islands Education Spending - Historical Data | ||
|---|---|---|
| Year | Education Spending (% of GDP) | Annual Change |
| 2020 | 14.36% | -1.05% |
| 2019 | 15.41% | -1.95% |
| 2018 | 17.36% | 0.12% |
| 2017 | 17.25% | 0.99% |
| 2016 | 16.26% | 0.37% |
| 2015 | 15.88% | -0.79% |
| 2014 | 16.67% | 1.08% |
| 2013 | 15.60% | 1.05% |
| 2012 | 14.54% | 1.05% |
