Government expenditure on tertiary education, US$ in Cyprus

Cyprus: Government expenditure on tertiary education, US$ was 262.79 millions in 2017. ◆ Volatile

Latest (2017)
262.79 millions
Change on year
down 1.8%
World rank
87th
of 158 countries
All-time high
481.67 millions
in 2009
All-time low
0.685 millions
in 1976
Years of data
43
1970–2017

Government expenditure on tertiary education, US$ in Cyprus, 1970–2017

01002003004005001970199320171970: 1.1 millions1971: 1.4 millions1972: 1.4 millions1973: 1.2 millions1974: 0.97 millions1975: 0.761 millions1976: 0.685 millions1977: 0.886 millions1978: 1.8 millions1979: 2.1 millions1980: 3.1 millions1981: 3.1 millions1982: 3.1 millions1984: 3.5 millions1985: 3.8 millions1986: 4.6 millions1987: 5.8 millions1988: 6 millions1989: 6 millions1990: 7.1 millions1991: 8 millions1992: 16.5 millions1993: 15.7 millions1994: 19.3 millions1995: 26.6 millions1999: 73.9 millions2000: 85.3 millions2001: 68.2 millions2002: 92 millions2003: 206.3 millions2004: 233.3 millions2005: 264.9 millions2006: 298.9 millions2007: 351 millions2008: 467.7 millions2009: 481.7 millions2010: 344.4 millions2011: 368.5 millions2013: 347.1 millions2014: 310.3 millions2015: 259.9 millions2016: 267.6 millions2017: 262.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, us$ in Cyprus is 262.79 millions, measured in 2017.

The figure is down 1.8% on the previous year and down 25.1% over ten years.

Over the whole period, government expenditure on tertiary education, us$ in Cyprus peaked at 481.67 millions in 2009 and was at its lowest, 0.685 millions, in 1976.

That places Cyprus 87th out of 158 countries with data for 2017, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.21 millions 0.685 millions 2.09 millions 10
1980s 4.32 millions 3.05 millions 5.98 millions 9
1990s 23.87 millions 7.13 millions 73.91 millions 7
2000s 254.95 millions 68.24 millions 481.67 millions 10
2010s 308.67 millions 259.89 millions 368.53 millions 7

Countries ranked near Cyprus

  1. 84 Paraguay 289.17 millions compare
  2. 85 Panama 281.71 millions compare
  3. 86 Cote d'Ivoire 263.66 millions compare
  4. 88 Azerbaijan 211.9 millions compare
  5. 89 Latvia 210.34 millions compare
  6. 90 Zimbabwe 201.43 millions compare

See the full ranking of 158 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is government expenditure on tertiary education, us$ in Cyprus?
Government expenditure on tertiary education, us$ in Cyprus was 262.79 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, us$ recorded in Cyprus?
The highest recorded value was 481.67 millions in 2009.
What is the lowest government expenditure on tertiary education, us$ recorded in Cyprus?
The lowest recorded value was 0.685 millions in 1976.
How does Cyprus rank for government expenditure on tertiary education, us$?
Cyprus ranks 87th out of 158 countries with data for 2017.
Is government expenditure on tertiary education, us$ rising or falling in Cyprus?
Over the last ten years it is down 25.1%. The long-run trend across the full record is volatile.
Where does this Cyprus 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/