Cyprus: Education spending, percent of government spending
* indicates monthly or quarterly data series
Cyprus |
Public spending on education, percent of public spending |
---|---|
Latest value | 12.74 |
Year | 2021 |
Measure | percent |
Data availability | 1995 - 2021 |
Average | 14.35 |
Min - Max | 11.31 - 15.60 |
Source | UNESCO |
The latest value from 2021 is 12.74 percent, a decline from 12.94 percent in 2020. In comparison, the world average is 13.55 percent, based on data from 134 countries. Historically, the average for Cyprus from 1995 to 2021 is 14.35 percent. The minimum value, 11.31 percent, was reached in 2014 while the maximum of 15.6 percent was recorded in 2008.
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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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