Government expenditure on tertiary education, constant US$ in Romania

Romania: Government expenditure on tertiary education, constant US$ was 1,515 millions in 2017. ▲ Rising

Latest (2017)
1,515 millions
Change on year
up 8.4%
World rank
49th
of 153 countries
All-time high
2,018 millions
in 2008
All-time low
617.17 millions
in 1996
Years of data
18
1996–2017

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

5001.0k1.5k2.0k1996200620171996: 617.2 millions2001: 885 millions2002: 834.9 millions2003: 856.4 millions2004: 954 millions2005: 1.2k millions2006: 1.4k millions2007: 1.8k millions2008: 2.0k millions2009: 1.9k millions2010: 1.6k millions2011: 1.4k millions2012: 1.3k millions2013: 1.3k millions2014: 1.2k millions2015: 1.2k millions2016: 1.4k millions2017: 1.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2017, government expenditure on tertiary education, constant us$ in Romania stood at 1,515 millions.

Compared with earlier readings it is up 8.4% on the previous year and down 15.5% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Romania peaked at 2,018 millions in 2008 and was at its lowest, 617.17 millions, in 1996.

Romania ranks 49th of 153 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 617.17 millions 617.17 millions 617.17 millions 1
2000s 1,310 millions 834.88 millions 2,018 millions 9
2010s 1,373 millions 1,229 millions 1,621 millions 8

Countries ranked near Romania

  1. 46 Peru 1,561 millions compare
  2. 47 Czechia 1,521 millions compare
  3. 48 Ukraine 1,517 millions compare
  4. 50 Vietnam 1,480 millions compare
  5. 51 Ethiopia 1,394 millions compare
  6. 52 Greece 1,262 millions compare

See the full ranking of 153 places →

More reference data data for Romania

All data for Romania →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Romania?
Government expenditure on tertiary education, constant us$ in Romania was 1,515 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Romania?
The highest recorded value was 2,018 millions in 2008.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Romania?
The lowest recorded value was 617.17 millions in 1996.
How does Romania rank for government expenditure on tertiary education, constant us$?
Romania ranks 49th out of 153 countries with data for 2017.
Is government expenditure on tertiary education, constant us$ rising or falling in Romania?
Over the last ten years it is down 15.5%. The long-run trend across the full record is rising.
Where does this Romania 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/