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Worldwide Governance Indicators was updated on September 28, 2020
Sustainable Development Goals (SDGs) was updated on September 24, 2020
Human Capital Index was updated on September 21, 2020
World Development Indicators was updated on September 16, 2020
Filtered Results: 10
Adjusted savings: education expenditure (% of GNI)
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.
UNESCO; data are extrapolated to the most recent year available
Economic Policy & Debt: National accounts: Adjusted savings & income
Limitations and exceptions
Public education expenditures are considered an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries.
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