Government expenditure on education, PPP$ in Nicaragua

Nicaragua: Government expenditure on education, PPP$ was 1,671 millions in 2017. ◆ Volatile

Latest (2017)
1,671 millions
Change on year
up 14.0%
World rank
104th
of 163 countries
All-time high
1,671 millions
in 2017
All-time low
120.24 millions
in 1992
Years of data
11
1992–2017

Government expenditure on education, PPP$ in Nicaragua, 1992–2017

05001.0k1.5k1992200420171992: 120.2 millions1998: 271.8 millions1999: 387.6 millions2000: 423.5 millions2002: 363.3 millions2003: 384.3 millions2010: 1.0k millions2014: 1.2k millions2015: 1.3k millions2016: 1.5k millions2017: 1.7k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on education, ppp$ in Nicaragua is 1,671 millions, measured in 2017. That is the highest value across all 11 years on record.

That represents a change of up 14.0% on the previous year and up 60.7% over ten years.

Over the whole period, government expenditure on education, ppp$ in Nicaragua peaked at 1,671 millions in 2017 and was at its lowest, 120.24 millions, in 1992.

That places Nicaragua 104th out of 163 countries with data for 2017, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 259.86 millions 120.24 millions 387.59 millions 3
2000s 390.36 millions 363.29 millions 423.5 millions 3
2010s 1,352 millions 1,040 millions 1,671 millions 5

Countries ranked near Nicaragua

  1. 101 Cyprus 1,875 millions compare
  2. 102 Moldova 1,864 millions compare
  3. 103 Uganda 1,820 millions compare
  4. 105 Bahrain 1,657 millions compare
  5. 106 Mali 1,576 millions compare
  6. 107 Jamaica 1,512 millions compare

See the full ranking of 163 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is government expenditure on education, ppp$ in Nicaragua?
Government expenditure on education, ppp$ in Nicaragua was 1,671 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, ppp$ recorded in Nicaragua?
The highest recorded value was 1,671 millions in 2017.
What is the lowest government expenditure on education, ppp$ recorded in Nicaragua?
The lowest recorded value was 120.24 millions in 1992.
How does Nicaragua rank for government expenditure on education, ppp$?
Nicaragua ranks 104th out of 163 countries with data for 2017.
Is government expenditure on education, ppp$ rising or falling in Nicaragua?
Over the last ten years it is up 60.7%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
163 places, 2,668 data points, 1990–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers), in millions PPP$ (at purchasing power parity), in nominal value. It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to PPP$. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/