Government expenditure on tertiary education, constant US$ in Laos

Laos: Government expenditure on tertiary education, constant US$ was 55.73 millions in 2014. ◆ Volatile

Latest (2014)
55.73 millions
Change on year
down 3.9%
World rank
117th
of 153 countries
All-time high
57.98 millions
in 2013
All-time low
2.24 millions
in 1992
Years of data
12
1992–2014

Government expenditure on tertiary education, constant US$ in Laos, 1992–2014

02040601992200320141992: 2.2 millions1996: 8.9 millions1997: 7.3 millions2000: 9.4 millions2001: 18.3 millions2002: 20.3 millions2009: 35.9 millions2010: 28.1 millions2011: 39 millions2012: 33.9 millions2013: 58 millions2014: 55.7 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2014, government expenditure on tertiary education, constant us$ in Laos stood at 55.73 millions.

Compared with earlier readings it is down 3.9% on the previous year and up 174.1% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Laos peaked at 57.98 millions in 2013 and was at its lowest, 2.24 millions, in 1992.

Laos ranks 117th of 153 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.13 millions 2.24 millions 8.89 millions 3
2000s 20.99 millions 9.43 millions 35.85 millions 4
2010s 42.93 millions 28.07 millions 57.98 millions 5

Countries ranked near Laos

  1. 114 Congo 60.92 millions compare
  2. 115 Barbados 60.19 millions compare
  3. 116 Malawi 58.17 millions compare
  4. 118 Rwanda 55.34 millions compare
  5. 119 Burundi 46.06 millions compare
  6. 120 Guinea 43.97 millions compare

See the full ranking of 153 places →

More reference data data for Laos

All data for Laos →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Laos?
Government expenditure on tertiary education, constant us$ in Laos was 55.73 millions in 2014, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Laos?
The highest recorded value was 57.98 millions in 2013.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Laos?
The lowest recorded value was 2.24 millions in 1992.
How does Laos rank for government expenditure on tertiary education, constant us$?
Laos ranks 117th out of 153 countries with data for 2014.
Is government expenditure on tertiary education, constant us$ rising or falling in Laos?
Over the last ten years it is up 174.1%. The long-run trend across the full record is volatile.
Where does this Laos 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/