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St. Vincent and the Grenadines — Education spending

Also known as government spending on education, education budget share, public education expenditure.

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
Free for any use — attribution is the link itself.

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%. Within Latin America & Caribbean it ranks 4 of 36 economies; Brazil (5.62%) is just below it. Its sharpest one-year move was up 43% in 1999. That is 13% above this series' own ten-year average.

Data highlights

Doubling roughly every 68 years at that pace.

World ranking. Climbed: 26th of 60 in 1986 → 7th of 116 in 2000 → 51st of 130 in 2010 → 40th of 157 in 2020 → 8th of 107 in 2023.

Adjacent in the latest world ranking (17 of 172): Moldova (#16) · Kuwait (#18).

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 published years. 2023 — 6.46% · 2022 — 7.08% · 2020 — 5.46% · 2018 — 5.22% · 2017 — 5.38%.

Full history — 1986 to 2023

All 19 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

St. Vincent and the Grenadines — Education spending
Year% of GDPChange
20236.46%-0.6 pp
20227.08%+1.6 pp
20205.46%+0.2 pp
20185.22%-0.2 pp
20175.38%-0.1 pp
20165.45%+0.5 pp
20154.96%+0.1 pp
20104.81%-0.6 pp
20095.38%-0.1 pp
20075.44%-0.6 pp
20056.03%-2.1 pp
20038.17%+0.8 pp
20027.39%+0.1 pp
20007.33%+1.6 pp
19995.75%+1.7 pp
19984.03%-0.8 pp
19914.87%+0.4 pp
19894.47%+0.0 pp
19864.43%—
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.

Frequently asked questions

What was St. Vincent and the Grenadines’s Education spending in 1989?

4.47% (1989). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is St. Vincent and the Grenadines’s Education spending growing or shrinking?

Between 1986 and 2023 the series was growing overall: +45.8% in total — about 1.0% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator SE.XPD.TOTL.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2023: 6.46%; 2022: 7.08%; 2020: 5.46%; 2018: 5.22%; 2017: 5.38%. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/st-vincent-and-the-grenadines/education-spending/" width="600" height="360" style="border:0" loading="lazy" title="St. Vincent and the Grenadines — Education spending"></iframe>Free to use with attribution — the link back is the attribution.
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.
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