Adjusted savings: education expenditure (% of GNI) - Country Ranking - Central America & the Caribbean

Definition: Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.

Source: UNESCO; data are extrapolated to the most recent year available

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Cuba 13.01 2019
2 Puerto Rico 8.62 2019
3 Costa Rica 7.34 2019
4 Belize 6.39 2019
5 Honduras 6.33 2019
6 Jamaica 5.21 2019
7 St. Vincent and the Grenadines 5.18 2019
8 Dominica 5.00 2019
9 Barbados 4.37 2019
10 Nicaragua 4.10 2019
11 The Bahamas 3.84 2019
12 Grenada 3.75 2019
13 El Salvador 3.56 2019
14 St. Lucia 3.33 2019
15 St. Kitts and Nevis 3.31 2019
16 Guatemala 3.09 2019
17 Trinidad and Tobago 2.87 2019
18 Panama 2.80 2019
19 Dominican Republic 2.52 2019
20 Antigua and Barbuda 2.25 2019
21 Haiti 1.46 2019

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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.

Aggregation method: Weighted average

Periodicity: Annual