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British Virgin Islands — Education spending

Also known as government spending on education, education budget share, public education expenditure.

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
Free for any use — attribution is the link itself.

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%. Within Latin America & Caribbean it ranks 29 of 36 economies; Antigua and Barbuda (3.11%) is just below it. Its sharpest one-year move was down 31% in 2016.

Data highlights

World ranking. Climbed: 84th of 130 in 2010 → 134th of 157 in 2020 → 71st of 107 in 2023.

Adjacent in the latest world ranking (128 of 172): Chad (#127) · Tanzania (#129).

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 published years. 2023 — 3.17% · 2022 — 2.48% · 2021 — 3.02% · 2020 — 2.71% · 2019 — 2.5%.

Full history — 2010 to 2023

All 13 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

British Virgin Islands — Education spending
Year% of GDPChange
20233.17%+0.7 pp
20222.48%-0.5 pp
20213.02%+0.3 pp
20202.71%+0.2 pp
20192.5%+0.1 pp
20182.43%-0.0 pp
20172.46%-0.8 pp
20163.25%-1.4 pp
20154.7%+0.7 pp
20144.01%-0.4 pp
20134.46%+0.9 pp
20123.56%+0.1 pp
20103.49%—
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.

Frequently asked questions

What was British Virgin Islands’s Education spending in 2012?

3.56% (2012). 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 British Virgin Islands’s Education spending growing or shrinking?

Between 2010 and 2023 the series was shrinking overall: -9.0% in total — about 0.7% 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: 2023: 3.17%; 2022: 2.48%; 2021: 3.02%; 2020: 2.71%; 2019: 2.5%. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/british-virgin-islands/education-spending/" width="600" height="360" style="border:0" loading="lazy" title="British Virgin Islands — Education spending"></iframe>Free to use with attribution — the link back is the attribution.
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.
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