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Turks and Caicos Islands — Education spending
Government Education Spending (% of GDP) for Turks and Caicos Islands, 2000–2024.
Latest value · 2024
2.95%
Government Education Spending (% of GDP) · % of GDP · -37.5% since 2000
Education spending for Turks and Caicos Islands was 2.95% in 2024, according to the latest World Bank data. The series covers 19 years, from 2000 to 2024. The highest recorded value was 5.07% in 2002. The lowest was 2.12% in 2019 (about 1.4× the low point). Across that span the compound annual growth rate works out to -1.94% per year.
Turks and Caicos Islands ranks 135 of 172 economies on this measure (1 = highest), putting it in the top 78%. The median for Latin America & Caribbean is 4.27%, so Turks and Caicos Islands sits below it. It peaked in 2002 and has fallen 42% since. Over the last decade (2014–2024) the figure moved up 7%.
Key figures
Latest (2024)
2.95%
First (2000)
4.72%
Change
-37.5%
Highest
5.07%
in 2002
Lowest
2.12%
in 2019
Average
3.20%
Annual growth (CAGR)
-1.94%
Years of data
19
Recent years
| Year | % of GDP |
|---|---|
| 2024 | 2.95% |
| 2023 | 2.69% |
| 2022 | 2.78% |
| 2021 | 3.28% |
| 2020 | 2.46% |
| 2019 | 2.12% |
| 2018 | 2.74% |
| 2017 | 2.47% |
| 2016 | 2.91% |
| 2015 | 3.09% |
| 2014 | 2.75% |
| 2013 | 2.8% |
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.