Government expenditure on tertiary education, constant PPP$ in Colombia

Colombia: Government expenditure on tertiary education, constant PPP$ was 7,459 millions in 2018. ▲ Rising

Latest (2018)
7,459 millions
Change on year
up 4.4%
World rank
32nd
of 144 countries
All-time high
7,459 millions
in 2018
All-time low
2,242 millions
in 2004
Years of data
17
1998–2018

Government expenditure on tertiary education, constant PPP$ in Colombia, 1998–2018

2.0k4.0k6.0k8.0k1998200820181998: 2.3k millions1999: 2.5k millions2000: 2.5k millions2001: 2.7k millions2004: 2.2k millions2005: 2.4k millions2008: 4.4k millions2009: 4.8k millions2010: 5.8k millions2011: 5.3k millions2012: 5.7k millions2013: 5.4k millions2014: 6.3k millions2015: 6.5k millions2016: 7.1k millions2017: 7.1k millions2018: 7.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant ppp$ in Colombia is 7,459 millions, measured in 2018. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 4.4% on the previous year and up 68.7% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Colombia peaked at 7,459 millions in 2018 and was at its lowest, 2,242 millions, in 2004.

That places Colombia 32nd out of 144 countries with data for 2018, putting it in the top quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,412 millions 2,348 millions 2,476 millions 2
2000s 3,188 millions 2,242 millions 4,821 millions 6
2010s 6,302 millions 5,297 millions 7,459 millions 9

Countries ranked near Colombia

  1. 29 Denmark 7,788 millions compare
  2. 30 Egypt 7,755 millions
  3. 31 Switzerland 7,708 millions compare
  4. 33 Norway 7,012 millions compare
  5. 34 Thailand 6,899 millions compare
  6. 35 Ukraine 6,822 millions compare

See the full ranking of 144 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Colombia?
Government expenditure on tertiary education, constant ppp$ in Colombia was 7,459 millions in 2018, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Colombia?
The highest recorded value was 7,459 millions in 2018.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Colombia?
The lowest recorded value was 2,242 millions in 2004.
How does Colombia rank for government expenditure on tertiary education, constant ppp$?
Colombia ranks 32nd out of 144 countries with data for 2018.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Colombia?
Over the last ten years it is up 68.7%. The long-run trend across the full record is rising.
Where does this Colombia 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.

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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/