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Slovak Republic — Education spending

Government Education Spending (% of GDP) for Slovak Republic, 1992–2022.

Latest value · 2022
4.66%
Government Education Spending (% of GDP) · % of GDP · -11.9% since 1992

Education spending for Slovak Republic was 4.66% in 2022, according to the latest World Bank data. The series covers 30 years, from 1992 to 2022. The highest recorded value was 5.29% in 1992. The lowest was 3.52% in 2007 (about 1.3× the low point). Across that span the compound annual growth rate works out to -0.42% per year.

Slovak Republic ranks 66 of 172 economies on this measure (1 = highest), putting it in the top 38%. The median for Europe & Central Asia is 4.59%, so Slovak Republic sits above it. It peaked in 1992 and has fallen 12% since. Over the last decade (2012–2022) the figure moved up 21%.

Key figures

Latest (2022)
4.66%
First (1992)
5.29%
Change
-11.9%
Highest
5.29%
in 1992
Lowest
3.52%
in 2007
Average
4.12%
Annual growth (CAGR)
-0.42%
Years of data
30

Recent years

Year% of GDP
20224.66%
20214.72%
20204.72%
20194.27%
20183.94%
20173.92%
20163.88%
20154.56%
20144.2%
20134.06%
20123.85%
20113.91%
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.