Home / Education spending / Nicaragua
Nicaragua — Education spending
Government Education Spending (% of GDP) for Nicaragua, 1970–2023.
Latest value · 2023
2.87%
Government Education Spending (% of GDP) · % of GDP · +40.8% since 1970
Education spending for Nicaragua was 2.87% in 2023, according to the latest World Bank data. The series covers 20 years, from 1970 to 2023. The highest recorded value was 5.35% in 1987. The lowest was 2.04% in 1970 (about 1.4× the low point). Across that span the compound annual growth rate works out to 0.65% per year.
Nicaragua ranks 140 of 172 economies on this measure (1 = highest), putting it in the top 81%. The median for Latin America & Caribbean is 4.27%, so Nicaragua sits below it. It peaked in 1987 and has fallen 46% since. Over the last decade (2014–2023) the figure moved down 30%.
Key figures
Latest (2023)
2.87%
First (1970)
2.04%
Change
+40.8%
Highest
5.35%
in 1987
Lowest
2.04%
in 1970
Average
3.57%
Annual growth (CAGR)
0.65%
Years of data
20
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 2.87% |
| 2022 | 3.8% |
| 2021 | 4.09% |
| 2020 | 4.58% |
| 2019 | 4.6% |
| 2018 | 4.47% |
| 2017 | 4.36% |
| 2016 | 4.08% |
| 2015 | 4.08% |
| 2014 | 4.08% |
| 2010 | 4.48% |
| 2003 | 2.42% |
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.