Home / Education spending / Naoero
Naoero — Education spending
Government Education Spending (% of GDP) for Naoero, 2002–2023.
Latest value · 2023
5.78%
Government Education Spending (% of GDP) · % of GDP · -63.6% since 2002
Education spending for Naoero was 5.78% in 2023, according to the latest World Bank data. The series covers 12 years, from 2002 to 2023. The highest recorded value was 15.86% in 2002. The lowest was 4.25% in 2007 (about 1.4× the low point). Across that span the compound annual growth rate works out to -4.70% per year.
Naoero ranks 30 of 172 economies on this measure (1 = highest), putting it in the top 17%. The median for East Asia & Pacific is 4.25%, so Naoero sits above it. It peaked in 2002 and has fallen 64% since. Over the last decade (2014–2023) the figure moved up 29%.
Key figures
Latest (2023)
5.78%
First (2002)
15.86%
Change
-63.6%
Highest
15.86%
in 2002
Lowest
4.25%
in 2007
Average
6.29%
Annual growth (CAGR)
-4.70%
Years of data
12
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 5.78% |
| 2022 | 5.92% |
| 2021 | 5.16% |
| 2020 | 5.91% |
| 2019 | 5.72% |
| 2018 | 5.05% |
| 2017 | 6.27% |
| 2016 | 4.82% |
| 2015 | 6.25% |
| 2014 | 4.47% |
| 2007 | 4.25% |
| 2002 | 15.86% |
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.