Cyprus: Education spending, percent of GDP
* indicates monthly or quarterly data series
| Cyprus |
Public spending on education, percent of GDP |
|---|---|
| Latest value | 5.24 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1975 - 2021 |
| Average | 4.88 |
| Min - Max | 3.31 - 7.21 |
| Source | UNESCO |
The latest value from 2021 is 5.24 percent, a decline from 5.64 percent in 2020. In comparison, the world average is 4.48 percent, based on data from 158 countries. Historically, the average for Cyprus from 1975 to 2021 is 4.88 percent. The minimum value, 3.31 percent, was reached in 1978 while the maximum of 7.21 percent was recorded in 2009.
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Definition: General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. 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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