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Trinidad and Tobago — Education spending

Government Education Spending (% of GDP) for Trinidad and Tobago, 1980–2023.

Latest value · 2023
3.23%
Government Education Spending (% of GDP) · % of GDP · -14.2% since 1980

Education spending for Trinidad and Tobago was 3.23% in 2023, according to the latest World Bank data. The series covers 31 years, from 1980 to 2023. The highest recorded value was 5.87% in 1984. The lowest was 2.44% in 1998 (about 1.3× the low point). Across that span the compound annual growth rate works out to -0.36% per year.

Trinidad and Tobago ranks 124 of 172 economies on this measure (1 = highest), putting it in the top 72%. The median for Latin America & Caribbean is 4.27%, so Trinidad and Tobago sits below it. It peaked in 1984 and has fallen 45% since. Over the last decade (2013–2023) the figure moved down 14%.

Key figures

Latest (2023)
3.23%
First (1980)
3.77%
Change
-14.2%
Highest
5.87%
in 1984
Lowest
2.44%
in 1998
Average
3.78%
Annual growth (CAGR)
-0.36%
Years of data
31

Recent years

Year% of GDP
20233.23%
20222.82%
20213.04%
20204.22%
20193.55%
20183.47%
20173.33%
20164.21%
20154.42%
20143.59%
20133.75%
20123.57%
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.