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

Serbia: Initial government funding per tertiary student, constant PPP$ was 4,682 in 2018. ▼ Falling

Latest (2018)
4,682
Change on year
down 4.9%
World rank
56th
of 113 countries
All-time high
5,850
in 2010
All-time low
4,641
in 2007
Years of data
10
2007–2018

Initial government funding per tertiary student, constant PPP$ in Serbia, 2007–2018

02.0k4.0k6.0k2007201220182007: 4.6k2008: 5.5k2009: 5.5k2010: 5.8k2011: 5.8k2012: 5.6k2015: 5.2k2016: 4.8k2017: 4.9k2018: 4.7k

Source: UNESCO Institute for Statistics.

Analysis

In 2018, initial government funding per tertiary student, constant ppp$ in Serbia stood at 4,682.

Compared with earlier readings it is down 4.9% on the previous year and down 14.7% over ten years.

Over the whole period, initial government funding per tertiary student, constant ppp$ in Serbia peaked at 5,850 in 2010 and was at its lowest, 4,641, in 2007.

That places Serbia 56th out of 113 countries with data for 2018, putting it 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
2000s 5,209 4,641 5,496 3
2010s 5,264 4,682 5,850 7

Countries ranked near Serbia

  1. 53 Chile 4,828 compare
  2. 54 Bulgaria 4,804 compare
  3. 55 Panama 4,722 compare
  4. 57 Bhutan 4,616 compare
  5. 58 Senegal 4,512 compare
  6. 59 Latvia 4,215 compare

See the full ranking of 113 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is initial government funding per tertiary student, constant ppp$ in Serbia?
Initial government funding per tertiary student, constant ppp$ in Serbia was 4,682 in 2018, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student, constant ppp$ recorded in Serbia?
The highest recorded value was 5,850 in 2010.
What is the lowest initial government funding per tertiary student, constant ppp$ recorded in Serbia?
The lowest recorded value was 4,641 in 2007.
How does Serbia rank for initial government funding per tertiary student, constant ppp$?
Serbia ranks 56th out of 113 countries with data for 2018.
Is initial government funding per tertiary student, constant ppp$ rising or falling in Serbia?
Over the last ten years it is down 14.7%. The long-run trend across the full record is falling.
Where does this Serbia 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/