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British Virgin Islands — Education spending

Government Education Spending (% of GDP) for British Virgin Islands, 2010–2023.

Latest value · 2023
3.17%
Government Education Spending (% of GDP) · % of GDP · -9.0% since 2010

Education spending for British Virgin Islands was 3.17% in 2023, according to the latest World Bank data. The series covers 13 years, from 2010 to 2023. The highest recorded value was 4.70% in 2015. The lowest was 2.43% in 2018 (about 1.3× the low point). Across that span the compound annual growth rate works out to -0.72% per year.

British Virgin Islands ranks 128 of 172 economies on this measure (1 = highest), putting it in the top 74%. The median for Latin America & Caribbean is 4.27%, so British Virgin Islands sits below it. It peaked in 2015 and has fallen 33% since. Over the last decade (2013–2023) the figure moved down 29%.

Key figures

Latest (2023)
3.17%
First (2010)
3.49%
Change
-9.0%
Highest
4.70%
in 2015
Lowest
2.43%
in 2018
Average
3.25%
Annual growth (CAGR)
-0.72%
Years of data
13

Recent years

Year% of GDP
20233.17%
20222.48%
20213.02%
20202.71%
20192.5%
20182.43%
20172.46%
20163.25%
20154.7%
20144.01%
20134.46%
20123.56%
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator 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.