Government expenditure on tertiary education, US$ in Colombia

Colombia: Government expenditure on tertiary education, US$ was 3,467 millions in 2018. ◆ Volatile

Latest (2018)
3,467 millions
Change on year
up 9.0%
World rank
34th
of 158 countries
All-time high
3,662 millions
in 2014
All-time low
114.48 millions
in 1979
Years of data
23
1979–2018

Government expenditure on tertiary education, US$ in Colombia, 1979–2018

01.0k2.0k3.0k4.0k1979199820181979: 114.5 millions1980: 147.4 millions1981: 215.5 millions1984: 237 millions1985: 213.1 millions1989: 201 millions1998: 757.3 millions1999: 729.9 millions2000: 697.2 millions2001: 723.9 millions2004: 635.6 millions2005: 808.9 millions2008: 2.1k millions2009: 2.2k millions2010: 3.1k millions2011: 3.1k millions2012: 3.6k millions2013: 3.3k millions2014: 3.7k millions2015: 2.8k millions2016: 2.9k millions2017: 3.2k millions2018: 3.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2018, government expenditure on tertiary education, us$ in Colombia stood at 3,467 millions.

Compared with earlier readings it is up 9.0% on the previous year and up 64.8% over ten years.

Over the whole period, government expenditure on tertiary education, us$ in Colombia peaked at 3,662 millions in 2014 and was at its lowest, 114.48 millions, in 1979.

Colombia ranks 34th of 158 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 114.48 millions 114.48 millions 114.48 millions 1
1980s 202.8 millions 147.43 millions 237.01 millions 5
1990s 743.57 millions 729.89 millions 757.25 millions 2
2000s 1,191 millions 635.63 millions 2,175 millions 6
2010s 3,226 millions 2,805 millions 3,662 millions 9

Countries ranked near Colombia

  1. 31 Finland 4,223 millions compare
  2. 32 South Africa 4,176 millions compare
  3. 33 Chile 3,791 millions compare
  4. 35 Malaysia 3,452 millions compare
  5. 36 Ireland 3,266 millions compare
  6. 37 Israel 3,191 millions compare

See the full ranking of 158 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is government expenditure on tertiary education, us$ in Colombia?
Government expenditure on tertiary education, us$ in Colombia was 3,467 millions in 2018, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, us$ recorded in Colombia?
The highest recorded value was 3,662 millions in 2014.
What is the lowest government expenditure on tertiary education, us$ recorded in Colombia?
The lowest recorded value was 114.48 millions in 1979.
How does Colombia rank for government expenditure on tertiary education, us$?
Colombia ranks 34th out of 158 countries with data for 2018.
Is government expenditure on tertiary education, us$ rising or falling in Colombia?
Over the last ten years it is up 64.8%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,257 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers) in millions US$ (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 US$. 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/