Initial government funding per tertiary student, constant PPP$ in Greece

Greece: Initial government funding per tertiary student, constant PPP$ was 2,521 in 2017. ▼ Falling

Latest (2017)
2,521
Change on year
down 3.4%
World rank
78th
of 113 countries
All-time high
8,123
in 2004
All-time low
2,521
in 2017
Years of data
10
1998–2017

Initial government funding per tertiary student, constant PPP$ in Greece, 1998–2017

2.0k4.0k6.0k8.0k1998200720171998: 7.1k1999: 6.9k2000: 5.8k2001: 5.6k2002: 7.2k2003: 6.9k2004: 8.1k2005: 6.5k2015: 2.6k2017: 2.5k

Source: UNESCO Institute for Statistics.

Analysis

Greece recorded 2,521 for initial government funding per tertiary student, constant ppp$ in 2017. That is the lowest value across all 10 years on record.

Compared with earlier readings it is down 3.4% on the previous year and down 61.1% over ten years.

Over the whole period, initial government funding per tertiary student, constant ppp$ in Greece peaked at 8,123 in 2004 and was at its lowest, 2,521, in 2017.

Greece ranks 78th of 113 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 10 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 7,018 6,940 7,096 2
2000s 6,681 5,568 8,123 6
2010s 2,566 2,521 2,611 2

Countries ranked near Greece

  1. 75 Thailand 2,868 compare
  2. 76 Ghana 2,576 compare
  3. 77 Cape Verde 2,550 compare
  4. 79 Moldova 2,483 compare
  5. 80 India 2,254 compare
  6. 81 Niger 2,202 compare

See the full ranking of 113 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is initial government funding per tertiary student, constant ppp$ in Greece?
Initial government funding per tertiary student, constant ppp$ in Greece was 2,521 in 2017, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student, constant ppp$ recorded in Greece?
The highest recorded value was 8,123 in 2004.
What is the lowest initial government funding per tertiary student, constant ppp$ recorded in Greece?
The lowest recorded value was 2,521 in 2017.
How does Greece rank for initial government funding per tertiary student, constant ppp$?
Greece ranks 78th out of 113 countries with data for 2017.
Is initial government funding per tertiary student, constant ppp$ rising or falling in Greece?
Over the last ten years it is down 61.1%. The long-run trend across the full record is falling.
Where does this Greece data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per tertiary student, constant PPP$. Statizoid updates them automatically from the source API.

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About this data

Indicator
Initial government funding per tertiary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
113 places, 1,380 data points, 1970–2019
Last refreshed

Total general (local, regional and central, current and capital) initial government funding of education per student, which includes transfers paid (such as scholarships to students), but excludes transfers received, in this case international transfers to government for education (when foreign donors provide education sector budget support or other support integrated in the government budget). Calculation Method: Total general (local, regional and central) government expenditure (current and capital) on a given level of education (primary, secondary, etc) minus international transfers to government for education, divided by the number of student enrolled at that level of education. This is then expressed at constant purchasing power parity (constant 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. There are also cases where it may not be possible to separate international transfers to government from general government expenditure on education, in which cases they have not been subtracted in the formula. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/