Home / Education spending / St. Vincent and the Grenadines
St. Vincent and the Grenadines — Education spending
Government Education Spending (% of GDP) for St. Vincent and the Grenadines, 1986–2023.
Latest value · 2023
6.46%
Government Education Spending (% of GDP) · % of GDP · +45.8% since 1986
Education spending for St. Vincent and the Grenadines was 6.46% in 2023, according to the latest World Bank data. The series covers 19 years, from 1986 to 2023. The highest recorded value was 8.17% in 2003. The lowest was 4.03% in 1998 (about 1.6× the low point). Across that span the compound annual growth rate works out to 1.02% per year.
St. Vincent and the Grenadines ranks 17 of 172 economies on this measure (1 = highest), putting it in the top 10%. The median for Latin America & Caribbean is 4.27%, so St. Vincent and the Grenadines sits above it. It peaked in 2003 and has fallen 21% since. Over the last decade (2015–2023) the figure moved up 30%.
Key figures
Latest (2023)
6.46%
First (1986)
4.43%
Change
+45.8%
Highest
8.17%
in 2003
Lowest
4.03%
in 1998
Average
5.69%
Annual growth (CAGR)
1.02%
Years of data
19
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 6.46% |
| 2022 | 7.08% |
| 2020 | 5.46% |
| 2018 | 5.22% |
| 2017 | 5.38% |
| 2016 | 5.45% |
| 2015 | 4.96% |
| 2010 | 4.81% |
| 2009 | 5.38% |
| 2007 | 5.44% |
| 2005 | 6.03% |
| 2003 | 8.17% |
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.