Government expenditure on tertiary education, constant PPP$ in Cyprus

Cyprus: Government expenditure on tertiary education, constant PPP$ was 376.82 millions in 2017. ◆ Volatile

Latest (2017)
376.82 millions
Change on year
down 5.4%
World rank
89th
of 144 countries
All-time high
577.01 millions
in 2009
All-time low
18.62 millions
in 1990
Years of data
24
1990–2017

Government expenditure on tertiary education, constant PPP$ in Cyprus, 1990–2017

02004006001990200320171990: 18.6 millions1991: 20.3 millions1992: 38.5 millions1993: 38.5 millions1994: 44.7 millions1995: 49.7 millions1999: 151.6 millions2000: 195.1 millions2001: 155.7 millions2002: 198.2 millions2003: 358.1 millions2004: 357.3 millions2005: 399.7 millions2006: 433.7 millions2007: 448.2 millions2008: 532.8 millions2009: 577 millions2010: 424.4 millions2011: 425.6 millions2013: 417.2 millions2014: 378.2 millions2015: 382.9 millions2016: 398.4 millions2017: 376.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2017, government expenditure on tertiary education, constant ppp$ in Cyprus stood at 376.82 millions.

Compared with earlier readings it is down 5.4% on the previous year and down 15.9% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Cyprus peaked at 577.01 millions in 2009 and was at its lowest, 18.62 millions, in 1990.

Cyprus ranks 89th of 144 countries on this measure, 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 51.7 millions 18.62 millions 151.63 millions 7
2000s 365.57 millions 155.68 millions 577.01 millions 10
2010s 400.5 millions 376.82 millions 425.6 millions 7

Countries ranked near Cyprus

  1. 86 Afghanistan 395.53 millions compare
  2. 87 Latvia 384.45 millions compare
  3. 88 Namibia 377.72 millions compare
  4. 90 Dominican Republic 326.63 millions compare
  5. 91 Luxembourg 309.56 millions compare
  6. 92 Gabon 293.31 millions compare

See the full ranking of 144 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Cyprus?
Government expenditure on tertiary education, constant ppp$ in Cyprus was 376.82 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Cyprus?
The highest recorded value was 577.01 millions in 2009.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Cyprus?
The lowest recorded value was 18.62 millions in 1990.
How does Cyprus rank for government expenditure on tertiary education, constant ppp$?
Cyprus ranks 89th out of 144 countries with data for 2017.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Cyprus?
Over the last ten years it is down 15.9%. The long-run trend across the full record is volatile.
Where does this Cyprus 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/