Government expenditure on tertiary education, PPP$ in Australia

Australia: Government expenditure on tertiary education, PPP$ was 15,484 millions in 2017. ▲ Rising

Latest (2017)
15,484 millions
Change on year
down 4.5%
World rank
15th
of 145 countries
All-time high
16,891 millions
in 2015
All-time low
4,597 millions
in 1992
Years of data
20
1991–2017

Government expenditure on tertiary education, PPP$ in Australia, 1991–2017

5.0k7.5k10.0k12.5k15.0k17.5k1991200420171991: 4.6k millions1992: 4.6k millions1993: 4.7k millions1994: 5.1k millions1995: 5.4k millions1996: 5.9k millions2000: 5.8k millions2005: 7.2k millions2006: 7.4k millions2007: 8.0k millions2008: 8.3k millions2009: 9.8k millions2010: 10.7k millions2011: 11.0k millions2012: 11.2k millions2013: 14.4k millions2014: 15.1k millions2015: 16.9k millions2016: 16.2k millions2017: 15.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, ppp$ in Australia is 15,484 millions, measured in 2017.

The figure is down 4.5% on the previous year and up 94.0% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in Australia peaked at 16,891 millions in 2015 and was at its lowest, 4,597 millions, in 1992.

Australia ranks 15th of 145 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 5,038 millions 4,597 millions 5,857 millions 6
2000s 7,755 millions 5,775 millions 9,832 millions 6
2010s 13,881 millions 10,706 millions 16,891 millions 8

Countries ranked near Australia

  1. 12 Italy 19,012 millions compare
  2. 13 South Korea 17,955 millions compare
  3. 14 Spain 17,228 millions compare
  4. 16 Netherlands 15,056 millions compare
  5. 17 China 15,055 millions compare
  6. 18 Indonesia 14,992 millions compare

See the full ranking of 145 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in Australia?
Government expenditure on tertiary education, ppp$ in Australia was 15,484 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in Australia?
The highest recorded value was 16,891 millions in 2015.
What is the lowest government expenditure on tertiary education, ppp$ recorded in Australia?
The lowest recorded value was 4,597 millions in 1992.
How does Australia rank for government expenditure on tertiary education, ppp$?
Australia ranks 15th out of 145 countries with data for 2017.
Is government expenditure on tertiary education, ppp$ rising or falling in Australia?
Over the last ten years it is up 94.0%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 2,109 data points, 1984–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), in millions PPP$ (at purchasing power parity), in nominal value. 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 PPP$. 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/