Latin America & Caribbean Education Spending 1960-2024

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.
  • Latin America & Caribbean education spending for 2022 was 13.50%, a 2.6% decline from 2021.
  • Latin America & Caribbean education spending for 2021 was 16.11%, a 0.51% increase from 2020.
  • Latin America & Caribbean education spending for 2020 was 15.60%, a 1.27% increase from 2019.
  • Latin America & Caribbean education spending for 2019 was 14.33%, a 0.84% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Education Spending (% of GDP)
Sub-Saharan Africa 14.40%
Latin America & Caribbean 13.50%
North America 11.05%
South Asia 10.57%
European Union 0.00%
Euro Area 0.00%
East Asia & Pacific 0.00%
World 0.00%
OECD members 0.00%
Latin America & Caribbean Education Spending - Historical Data
Year Education Spending (% of GDP) Annual Change
2022 13.50% -2.60%
2021 16.11% 0.51%
2020 15.60% 1.27%
2019 14.33% -0.84%
2018 15.17% -0.27%
2017 15.44% -0.72%
2016 16.16% -1.05%
2015 17.21% 1.41%
2014 15.80% -0.46%
2013 16.26% 0.26%
2012 16.00% 0.85%
2011 15.16% -0.86%
2010 16.01% 16.01%
2009 0.00% 0.00%
2008 0.00% 0.00%
2007 0.00% 0.00%
2006 0.00% 0.00%
2005 0.00% 0.00%
2004 0.00% -14.66%
2003 14.66% -0.84%
2002 15.49% 15.49%
2001 0.00% -14.91%
2000 14.91% 14.91%
1999 0.00% 0.00%
1998 0.00% 0.00%
1997 0.00% 0.00%
1996 0.00% 0.00%
1995 0.00% 0.00%
1994 0.00% 0.00%
1993 0.00% 0.00%
1992 0.00% 0.00%
1991 0.00% 0.00%
1990 0.00% 0.00%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%