Government expenditure on tertiary education, constant US$ in Australia

Australia: Government expenditure on tertiary education, constant US$ was 17,118 millions in 2017. ▲ Rising

Latest (2017)
17,118 millions
Change on year
down 6.9%
World rank
10th
of 153 countries
All-time high
19,377 millions
in 2015
All-time low
4,841 millions
in 1982
Years of data
31
1978–2017

Government expenditure on tertiary education, constant US$ in Australia, 1978–2017

5.0k10.0k15.0k20.0k1978199720171978: 5.4k millions1979: 5.2k millions1980: 5.0k millions1982: 4.8k millions1983: 7.2k millions1985: 7.3k millions1986: 7.7k millions1987: 7.6k millions1988: 8.0k millions1989: 7.9k millions1990: 8.3k millions1991: 8.6k millions1992: 8.2k millions1993: 8.1k millions1994: 8.7k millions1995: 9.4k millions1996: 9.6k millions2000: 9.4k millions2005: 10.5k millions2006: 10.3k millions2007: 10.7k millions2008: 11.1k millions2009: 12.2k millions2010: 13.7k millions2011: 13.3k millions2012: 13.6k millions2013: 16.4k millions2014: 17.0k millions2015: 19.4k millions2016: 18.4k millions2017: 17.1k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2017, government expenditure on tertiary education, constant us$ in Australia stood at 17,118 millions.

That represents a change of down 6.9% on the previous year and up 59.3% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Australia peaked at 19,377 millions in 2015 and was at its lowest, 4,841 millions, in 1982.

Australia ranks 10th of 153 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 5,314 millions 5,209 millions 5,418 millions 2
1980s 6,938 millions 4,841 millions 7,952 millions 8
1990s 8,687 millions 8,060 millions 9,582 millions 7
2000s 10,684 millions 9,376 millions 12,172 millions 6
2010s 16,096 millions 13,327 millions 19,377 millions 8

Countries ranked near Australia

  1. 7 Japan 31,329 millions compare
  2. 8 Canada 25,279 millions compare
  3. 9 India 18,839 millions compare
  4. 11 Italy 14,745 millions compare
  5. 12 South Korea 13,947 millions compare
  6. 13 Netherlands 13,241 millions compare

See the full ranking of 153 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Australia?
Government expenditure on tertiary education, constant us$ in Australia was 17,118 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Australia?
The highest recorded value was 19,377 millions in 2015.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Australia?
The lowest recorded value was 4,841 millions in 1982.
How does Australia rank for government expenditure on tertiary education, constant us$?
Australia ranks 10th out of 153 countries with data for 2017.
Is government expenditure on tertiary education, constant us$ 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 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/