Government expenditure on tertiary education, constant PPP$ in Australia

Australia: Government expenditure on tertiary education, constant PPP$ was 15,484 millions in 2017. ▲ Rising

Latest (2017)
15,484 millions
Change on year
down 6.9%
World rank
16th
of 144 countries
All-time high
17,527 millions
in 2015
All-time low
7,637 millions
in 1993
Years of data
20
1991–2017

Government expenditure on tertiary education, constant PPP$ in Australia, 1991–2017

05.0k10.0k15.0k20.0k1991200420171991: 8.2k millions1992: 7.8k millions1993: 7.6k millions1994: 8.2k millions1995: 8.5k millions1996: 9.1k millions2000: 8.5k millions2005: 9.5k millions2006: 9.3k millions2007: 9.7k millions2008: 10.0k millions2009: 11.0k millions2010: 12.4k millions2011: 12.1k millions2012: 12.3k millions2013: 14.8k millions2014: 15.3k millions2015: 17.5k millions2016: 16.6k millions2017: 15.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Australia recorded 15,484 millions for government expenditure on tertiary education, constant ppp$ in 2017.

The figure is down 6.9% on the previous year and up 59.3% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Australia peaked at 17,527 millions in 2015 and was at its lowest, 7,637 millions, in 1993.

Australia ranks 16th of 144 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8,227 millions 7,637 millions 9,079 millions 6
2000s 9,664 millions 8,481 millions 11,010 millions 6
2010s 14,559 millions 12,055 millions 17,527 millions 8

Countries ranked near Australia

  1. 13 China 18,191 millions compare
  2. 14 South Korea 18,087 millions compare
  3. 15 Spain 17,228 millions compare
  4. 17 Netherlands 15,056 millions compare
  5. 18 Indonesia 14,849 millions compare
  6. 19 Iran 12,920 millions compare

See the full ranking of 144 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Australia?
Government expenditure on tertiary education, constant ppp$ in Australia was 15,484 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Australia?
The highest recorded value was 17,527 millions in 2015.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Australia?
The lowest recorded value was 7,637 millions in 1993.
How does Australia rank for government expenditure on tertiary education, constant ppp$?
Australia ranks 16th out of 144 countries with data for 2017.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Australia?
Over the last ten years it is up 59.3%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 2,101 data points, 1984–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), in millions PPP$ (at purchasing power parity) in constant value (taking into account inflation). 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$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant PPP$ values are expressed in 2014 prices. 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/