Government expenditure on tertiary education, constant US$ in Colombia

Colombia: Government expenditure on tertiary education, constant US$ was 3,323 millions in 2018. ◆ Volatile

Latest (2018)
3,323 millions
Change on year
up 4.4%
World rank
34th
of 153 countries
All-time high
3,323 millions
in 2018
All-time low
348.32 millions
in 1979
Years of data
23
1979–2018

Government expenditure on tertiary education, constant US$ in Colombia, 1979–2018

01.0k2.0k3.0k1979199820181979: 348.3 millions1980: 390.5 millions1981: 535.9 millions1984: 594.2 millions1985: 603.8 millions1989: 603.2 millions1998: 1.3k millions1999: 1.3k millions2000: 1.1k millions2001: 1.2k millions2004: 998.7 millions2005: 1.1k millions2008: 2.0k millions2009: 2.1k millions2010: 2.6k millions2011: 2.4k millions2012: 2.6k millions2013: 2.4k millions2014: 2.8k millions2015: 2.9k millions2016: 3.2k millions2017: 3.2k millions2018: 3.3k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2018, government expenditure on tertiary education, constant us$ in Colombia stood at 3,323 millions. That is the highest value across all 23 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 us$ in Colombia peaked at 3,323 millions in 2018 and was at its lowest, 348.32 millions, in 1979.

Colombia ranks 34th of 153 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 348.32 millions 348.32 millions 348.32 millions 1
1980s 545.53 millions 390.55 millions 603.84 millions 5
1990s 1,292 millions 1,258 millions 1,327 millions 2
2000s 1,420 millions 998.72 millions 2,148 millions 6
2010s 2,807 millions 2,360 millions 3,323 millions 9

Countries ranked near Colombia

  1. 31 Finland 4,223 millions compare
  2. 32 Chile 3,791 millions compare
  3. 35 Malaysia 3,299 millions compare
  4. 36 Ireland 3,266 millions compare
  5. 37 Israel 3,191 millions compare

See the full ranking of 153 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Colombia?
Government expenditure on tertiary education, constant us$ in Colombia was 3,323 millions in 2018, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Colombia?
The highest recorded value was 3,323 millions in 2018.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Colombia?
The lowest recorded value was 348.32 millions in 1979.
How does Colombia rank for government expenditure on tertiary education, constant us$?
Colombia ranks 34th out of 153 countries with data for 2018.
Is government expenditure on tertiary education, constant us$ rising or falling in Colombia?
Over the last ten years it is up 68.7%. The long-run trend across the full record is volatile.
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 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/