Government expenditure on tertiary education, constant US$ in Armenia

Armenia: Government expenditure on tertiary education, constant US$ was 40.55 millions in 2017. ▲ Rising

Latest (2017)
40.55 millions
Change on year
up 4.0%
World rank
123rd
of 153 countries
All-time high
40.55 millions
in 2017
All-time low
9.15 millions
in 1996
Years of data
11
1996–2017

Government expenditure on tertiary education, constant US$ in Armenia, 1996–2017

102030401996200620171996: 9.1 millions2008: 35.2 millions2009: 30.4 millions2010: 32.7 millions2011: 32.1 millions2012: 25.5 millions2013: 27.4 millions2014: 31.7 millions2015: 38.1 millions2016: 39 millions2017: 40.6 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant us$ in Armenia is 40.55 millions, measured in 2017. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 4.0% on the previous year and up 15.1% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Armenia peaked at 40.55 millions in 2017 and was at its lowest, 9.15 millions, in 1996.

That places Armenia 123rd out of 153 countries with data for 2017, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.15 millions 9.15 millions 9.15 millions 1
2000s 32.8 millions 30.37 millions 35.23 millions 2
2010s 33.38 millions 25.5 millions 40.55 millions 8

Countries ranked near Armenia

  1. 120 Guinea 43.97 millions compare
  2. 121 Mauritius 43.77 millions compare
  3. 122 Togo 42.67 millions compare
  4. 124 Fiji 39.26 millions compare
  5. 125 Maldives 37.43 millions compare
  6. 126 North Macedonia 35.04 millions compare

See the full ranking of 153 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Armenia?
Government expenditure on tertiary education, constant us$ in Armenia was 40.55 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Armenia?
The highest recorded value was 40.55 millions in 2017.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Armenia?
The lowest recorded value was 9.15 millions in 1996.
How does Armenia rank for government expenditure on tertiary education, constant us$?
Armenia ranks 123rd out of 153 countries with data for 2017.
Is government expenditure on tertiary education, constant us$ rising or falling in Armenia?
Over the last ten years it is up 15.1%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,093 data points, 1970–2019
Last refreshed

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