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Singapore — Education spending
Government Education Spending (% of GDP) for Singapore, 1971–2024.
Latest value · 2024
2.19%
Government Education Spending (% of GDP) · % of GDP · -29.5% since 1971
Education spending for Singapore was 2.19% in 2024, according to the latest World Bank data. The series covers 39 years, from 1971 to 2024. The highest recorded value was 3.98% in 2003. The lowest was 2.10% in 2023 (about 1.0× the low point). Across that span the compound annual growth rate works out to -0.66% per year.
Singapore ranks 157 of 172 economies on this measure (1 = highest), putting it in the top 91%. The median for East Asia & Pacific is 4.25%, so Singapore sits below it. It peaked in 2003 and has fallen 45% since. Over the last decade (2014–2024) the figure moved down 27%.
Key figures
Latest (2024)
2.19%
First (1971)
3.11%
Change
-29.5%
Highest
3.98%
in 2003
Lowest
2.10%
in 2023
Average
2.92%
Annual growth (CAGR)
-0.66%
Years of data
39
Recent years
| Year | % of GDP |
|---|---|
| 2024 | 2.19% |
| 2023 | 2.1% |
| 2022 | 2.47% |
| 2021 | 2.83% |
| 2020 | 2.69% |
| 2019 | 2.73% |
| 2018 | 2.85% |
| 2017 | 2.88% |
| 2016 | 2.94% |
| 2015 | 2.99% |
| 2014 | 3.01% |
| 2013 | 2.85% |
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.