Bolivia — Education spending
Government Education Spending (% of GDP) for Bolivia, 2006–2024.
Education spending for Bolivia was 7.54% in 2024, according to the latest World Bank data. The series covers 19 years, from 2006 to 2024. The highest recorded value was 8.44% in 2020. The lowest was 6.43% in 2006 (about 1.2× the low point). Across that span the compound annual growth rate works out to 0.88% per year.
Bolivia ranks 9 of 172 economies on this measure (1 = highest), putting it in the top 5%. The median for Latin America & Caribbean is 4.27%, so Bolivia sits above it. It peaked in 2020 and has fallen 11% since. Over the last decade (2014–2024) the figure moved up 1%. Within Latin America & Caribbean it ranks 2 of 36 economies; Venezuela, RB (6.87%) is just below it. Its sharpest one-year move was up 13% in 2009. That is 5% below this series' own ten-year average.
Data highlights
Doubling roughly every 79 years at that pace.
World ranking. Climbed: 11th of 101 in 2006 → 8th of 130 in 2010 → 6th of 157 in 2020 → 5th of 39 in 2024.
Key figures
Full history — 2006 to 2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 7.54% | -0.4 pp |
| 2023 | 7.89% | +0.3 pp |
| 2022 | 7.58% | -0.4 pp |
| 2021 | 7.96% | -0.5 pp |
| 2020 | 8.44% | +0.3 pp |
| 2019 | 8.09% | +0.1 pp |
| 2018 | 8.02% | -0.1 pp |
| 2017 | 8.1% | -0.1 pp |
| 2016 | 8.15% | +0.0 pp |
| 2015 | 8.14% | +0.7 pp |
| 2014 | 7.48% | +0.7 pp |
| 2013 | 6.8% | +0.2 pp |
| 2012 | 6.63% | +0.2 pp |
| 2011 | 6.45% | -0.5 pp |
| 2010 | 6.97% | -0.6 pp |
| 2009 | 7.57% | +0.9 pp |
| 2008 | 6.72% | +0.0 pp |
| 2007 | 6.72% | +0.3 pp |
| 2006 | 6.43% | — |
Frequently asked questions
What was Bolivia’s Education spending in 2007?
6.72% (2007). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Bolivia’s Education spending growing or shrinking?
Between 2006 and 2024 the series was growing overall: +17.2% in total — about 0.9% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SE.XPD.TOTL.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2024: 7.54%; 2023: 7.89%; 2022: 7.58%; 2021: 7.96%; 2020: 8.44%. Earlier years are in the full-history table below.
Related data
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.