Government expenditure on education, constant PPP$ (millions)

Government expenditure on education, constant PPP$ (millions)

Definition: Government expenditure on education (millions): Total general (local, regional and central) government expenditure on education (current, capital, and transfers), in millions US$ or PPP$ (at purchasing power parity), in nominal or constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to the government.

Expenditure on education: Expenditure on education refers to expenditure on core educational goods and services, such as teaching staff, school buildings, or school books and teaching materials, and peripheral educational goods and services such as ancillary services, general administration and other activities.

Expenditure on education can come from public sources (i.e. all government ministries and agencies financing or supporting education programmes in the country), international source, and private source (e.g. households).

Source: Government expenditure on education (millions): Data on education expenditure are collected through the UIS’ Annual Survey on Formal Education which compiles national statistics from annual financial reports from the Ministry of Finance and/or Ministries of Education and/or national accounts from the National Statistical Office. Conversion factors to US$ or PPP$ are sourced from the World Development Indicators, The World Bank.

Methodology: SEE LINK.

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