Latvia: Education spending, percent of GDP
* indicates monthly or quarterly data series
Latvia |
Public spending on education, percent of GDP |
---|---|
Latest value | 5.70 |
Year | 2021 |
Measure | percent |
Data availability | 1996 - 2021 |
Average | 5.22 |
Min - Max | 4.24 - 7.00 |
Source | UNESCO |
The latest value from 2021 is 5.7 percent, an increase from 4.82 percent in 2020. In comparison, the world average is 4.42 percent, based on data from 141 countries. Historically, the average for Latvia from 1996 to 2021 is 5.22 percent. The minimum value, 4.24 percent, was reached in 2018 while the maximum of 7 percent was recorded in 2013.
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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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