Government expenditure on tertiary education, PPP$ in Colombia

Colombia: Government expenditure on tertiary education, PPP$ was 7,722 millions in 2018. ▲ Rising

Latest (2018)
7,722 millions
Change on year
up 8.1%
World rank
30th
of 145 countries
All-time high
7,722 millions
in 2018
All-time low
1,658 millions
in 1998
Years of data
17
1998–2018

Government expenditure on tertiary education, PPP$ in Colombia, 1998–2018

2.0k4.0k6.0k8.0k1998200820181998: 1.7k millions1999: 1.8k millions2000: 1.9k millions2001: 2.0k millions2004: 1.8k millions2005: 2.0k millions2008: 3.9k millions2009: 4.3k millions2010: 5.2k millions2011: 4.9k millions2012: 5.3k millions2013: 5.1k millions2014: 6.0k millions2015: 6.0k millions2016: 6.9k millions2017: 7.1k millions2018: 7.7k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2018, government expenditure on tertiary education, ppp$ in Colombia stood at 7,722 millions. That is the highest value across all 17 years on record.

The figure is up 8.1% on the previous year and up 97.4% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in Colombia peaked at 7,722 millions in 2018 and was at its lowest, 1,658 millions, in 1998.

Colombia ranks 30th of 145 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,716 millions 1,658 millions 1,774 millions 2
2000s 2,641 millions 1,783 millions 4,297 millions 6
2010s 6,034 millions 4,876 millions 7,722 millions 9

Countries ranked near Colombia

  1. 27 Turkey 8,216 millions compare
  2. 28 Austria 8,207 millions compare
  3. 29 Denmark 7,788 millions compare
  4. 31 Switzerland 7,708 millions compare
  5. 32 Venezuela 7,422 millions compare
  6. 33 Norway 7,012 millions compare

See the full ranking of 145 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in Colombia?
Government expenditure on tertiary education, ppp$ in Colombia was 7,722 millions in 2018, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in Colombia?
The highest recorded value was 7,722 millions in 2018.
What is the lowest government expenditure on tertiary education, ppp$ recorded in Colombia?
The lowest recorded value was 1,658 millions in 1998.
How does Colombia rank for government expenditure on tertiary education, ppp$?
Colombia ranks 30th out of 145 countries with data for 2018.
Is government expenditure on tertiary education, ppp$ rising or falling in Colombia?
Over the last ten years it is up 97.4%. The long-run trend across the full record is rising.
Where does this Colombia 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.

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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/