MetrikAtlas

Chile — Education spending

Government Education Spending (% of GDP) for Chile, 1974–2022.

Latest value · 2022
4.91%
Government Education Spending (% of GDP) · % of GDP · +34.0% since 1974

Education spending for Chile was 4.91% in 2022, according to the latest World Bank data. The series covers 36 years, from 1974 to 2022. The highest recorded value was 5.63% in 2020. The lowest was 2.23% in 1990 (about 2.2× the low point). Across that span the compound annual growth rate works out to 0.61% per year.

Chile ranks 59 of 172 economies on this measure (1 = highest), putting it in the top 34%. The median for Latin America & Caribbean is 4.27%, so Chile sits above it. It peaked in 2020 and has fallen 13% since. Over the last decade (2013–2022) the figure moved up 8%.

Key figures

Latest (2022)
4.91%
First (1974)
3.67%
Change
+34.0%
Highest
5.63%
in 2020
Lowest
2.23%
in 1990
Average
3.90%
Annual growth (CAGR)
0.61%
Years of data
36

Recent years

Year% of GDP
20224.91%
20215%
20205.63%
20195.63%
20185.47%
20175.43%
20165.37%
20154.9%
20144.75%
20134.55%
20114.06%
20104.19%
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.