Government expenditure on tertiary education, PPP$ in New Zealand

New Zealand: Government expenditure on tertiary education, PPP$ was 2,811 millions in 2017. ▲ Rising

Latest (2017)
2,811 millions
Change on year
up 6.7%
World rank
50th
of 145 countries
All-time high
2,811 millions
in 2017
All-time low
981.25 millions
in 1994
Years of data
9
1994–2017

Government expenditure on tertiary education, PPP$ in New Zealand, 1994–2017

1.0k1.5k2.0k2.5k3.0k1994200520171994: 981.3 millions1995: 1.1k millions1996: 1.2k millions1997: 1.2k millions2013: 2.5k millions2014: 2.5k millions2015: 2.7k millions2016: 2.6k millions2017: 2.8k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2017, government expenditure on tertiary education, ppp$ in New Zealand stood at 2,811 millions. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 6.7% on the previous year and up 14.2% over five years.

Over the whole period, government expenditure on tertiary education, ppp$ in New Zealand peaked at 2,811 millions in 2017 and was at its lowest, 981.25 millions, in 1994.

New Zealand ranks 50th of 145 countries on this measure, in the middle of the range.

Government expenditure on tertiary education, PPP$ in New Zealand, year by year

Annual values for Government expenditure on tertiary education, PPP$ (millions) in New Zealand, 1994 to 2017.
Year millions Change
1994 981.25 millions
1995 1,059 millions +7.9%
1996 1,199 millions +13.2%
1997 1,214 millions +1.3%
2013 2,461 millions +102.7%
2014 2,548 millions +3.5%
2015 2,724 millions +6.9%
2016 2,634 millions -3.3%
2017 2,811 millions +6.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,113 millions 981.25 millions 1,214 millions 4
2010s 2,635 millions 2,461 millions 2,811 millions 5

Countries ranked near New Zealand

  1. 47 Israel 3,067 millions compare
  2. 48 Peru 3,029 millions compare
  3. 49 Czechia 2,873 millions compare
  4. 51 Portugal 2,730 millions compare
  5. 52 Kuwait 2,329 millions compare
  6. 53 Hungary 2,316 millions compare

See the full ranking of 145 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in New Zealand?
Government expenditure on tertiary education, ppp$ in New Zealand was 2,811 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in New Zealand?
The highest recorded value was 2,811 millions in 2017.
What is the lowest government expenditure on tertiary education, ppp$ recorded in New Zealand?
The lowest recorded value was 981.25 millions in 1994.
How does New Zealand rank for government expenditure on tertiary education, ppp$?
New Zealand ranks 50th out of 145 countries with data for 2017.
Where does this New Zealand data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, PPP$ in New Zealand. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/government-expenditure-on-tertiary-education-ppp-millions/new-zealand/

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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/