Colombia: Education spending, percent of government spending
* indicates monthly or quarterly data series
Colombia |
Public spending on education, percent of public spending |
---|---|
Latest value | 15.68 |
Year | 2020 |
Measure | percent |
Data availability | 1984 - 2020 |
Average | 14.90 |
Min - Max | 12.48 - 18.09 |
Source | UNESCO |
The latest value from 2020 is 15.68 percent, an increase from 13.72 percent in 2019. In comparison, the world average is 13.87 percent, based on data from 150 countries. Historically, the average for Colombia from 1984 to 2020 is 14.9 percent. The minimum value, 12.48 percent, was reached in 1998 while the maximum of 18.09 percent was recorded in 1984.
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Definition: 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.
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