MetrikAtlas

Guyana — Education spending

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

Government Education Spending (% of GDP) for Guyana, 1970–2018.

Latest value · 2018
4.45%
Government Education Spending (% of GDP) · % of GDP · +2.8% since 1970
Free for any use — attribution is the link itself.

Education spending for Guyana was 4.45% in 2018, according to the latest World Bank data. The series covers 25 years, from 1970 to 2018. The highest recorded value was 9.38% in 1979. The lowest was 2.15% in 2009 (about 2.1× the low point). Across that span the compound annual growth rate works out to 0.06% per year.

Guyana ranks 76 of 172 economies on this measure (1 = highest), putting it in the top 44%. The median for Latin America & Caribbean is 4.27%, so Guyana sits above it. It peaked in 1979 and has fallen 53% since. Over the last decade (2009–2018) the figure moved up 107%. Within Latin America & Caribbean it ranks 16 of 36 economies; Peru (4.36%) is just below it. Its sharpest one-year move was up 137% in 1999. That is 27% above this series' own ten-year average.

Data highlights

From its 1970 level: doubled by 1979.

World ranking. Slipped: 10th of 31 in 1970 → 4th of 116 in 2000 → 113th of 130 in 2010 → 74th of 156 in 2018.

Adjacent in the latest world ranking (76 of 172): Seychelles (#75) · Brunei Darussalam (#77).

Key figures

Latest (2018)
4.45%
First (1970)
4.33%
Change
+2.8%
Highest
9.38%
in 1979
Lowest
2.15%
in 2009
Average
5.40%
Annual growth (CAGR)
0.06%
Years of data
25

Recent published years. 2018 — 4.45% · 2017 — 4.66% · 2016 — 4.74% · 2015 — 3.9% · 2014 — 4.36%.

Full history — 1970 to 2018

All 25 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Guyana — Education spending
Year% of GDPChange
20184.45%-0.2 pp
20174.66%-0.1 pp
20164.74%+0.8 pp
20153.9%-0.5 pp
20144.36%+2.1 pp
20122.24%-0.3 pp
20112.51%+0.1 pp
20102.41%+0.3 pp
20092.15%-0.2 pp
20072.39%-0.7 pp
20063.12%-5.0 pp
20058.14%+2.6 pp
20045.51%-1.4 pp
20036.96%-1.4 pp
20028.37%-0.0 pp
20018.4%-0.1 pp
20008.48%-0.1 pp
19998.56%+5.0 pp
19953.61%-0.1 pp
19943.72%-3.5 pp
19847.23%-1.0 pp
19838.25%-1.1 pp
19799.38%+2.3 pp
19777.09%+2.8 pp
19704.33%—
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 Guyana’s Education spending in 1977?

7.09% (1977). 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 Guyana’s Education spending growing or shrinking?

Between 1970 and 2018 the series was growing overall: +2.8% in total — about 0.1% 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: 2018: 4.45%; 2017: 4.66%; 2016: 4.74%; 2015: 3.9%; 2014: 4.36%. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/guyana/education-spending/" width="600" height="360" style="border:0" loading="lazy" title="Guyana — 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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