Initial household funding per tertiary student, constant PPP$ in Colombia

Colombia: Initial household funding per tertiary student, constant PPP$ was 1,840 in 2017. ▼ Falling

Latest (2017)
1,840
Change on year
down 17.9%
World rank
22nd
of 53 countries
All-time high
6,151
in 1998
All-time low
1,840
in 2017
Years of data
15
1998–2017

Initial household funding per tertiary student, constant PPP$ in Colombia, 1998–2017

2.0k3.0k4.0k5.0k6.0k1998200720171998: 6.2k2000: 4.2k2001: 4.6k2004: 3.2k2005: 2.9k2008: 3.2k2009: 2.8k2010: 2.9k2011: 2.6k2012: 3.1k2013: 2.8k2014: 2.4k2015: 2.3k2016: 2.2k2017: 1.8k

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for initial household funding per tertiary student, constant ppp$ in Colombia is 1,840, measured in 2017. That is the lowest value across all 15 years on record.

That represents a change of down 17.9% on the previous year and down 43.3% over ten years.

Over the whole period, initial household funding per tertiary student, constant ppp$ in Colombia peaked at 6,151 in 1998 and was at its lowest, 1,840, in 2017.

That places Colombia 22nd out of 53 countries with data for 2017, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6,151 6,151 6,151 1
2000s 3,476 2,798 4,575 6
2010s 2,534 1,840 3,135 8

Countries ranked near Colombia

  1. 19 Nepal 2,134 compare
  2. 20 Benin 2,121 compare
  3. 21 Peru 2,105 compare
  4. 23 Mexico 1,769 compare
  5. 24 Slovakia 1,669 compare
  6. 25 Vietnam 1,648 compare

See the full ranking of 53 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is initial household funding per tertiary student, constant ppp$ in Colombia?
Initial household funding per tertiary student, constant ppp$ in Colombia was 1,840 in 2017, according to UNESCO Institute for Statistics.
What is the highest initial household funding per tertiary student, constant ppp$ recorded in Colombia?
The highest recorded value was 6,151 in 1998.
What is the lowest initial household funding per tertiary student, constant ppp$ recorded in Colombia?
The lowest recorded value was 1,840 in 2017.
How does Colombia rank for initial household funding per tertiary student, constant ppp$?
Colombia ranks 22nd out of 53 countries with data for 2017.
Is initial household funding per tertiary student, constant ppp$ rising or falling in Colombia?
Over the last ten years it is down 43.3%. The long-run trend across the full record is falling.
Where does this Colombia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial household funding per tertiary student, constant PPP$. Statizoid updates them automatically from the source API.

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About this data

Indicator
Initial household funding per tertiary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 496 data points, 1995–2019
Last refreshed

Total payments of households (pupils, students and their families) for educational institutions (such as for tuition fees, exam and registration fees, contribution to Parent-Teacher associations or other school funds, and fees for canteen, boarding and transport) and purchases outside of educational institutions (such as for uniforms, textbooks, teaching materials, or private classes). 'Initial funding' means that government transfers to households, such as scholarships and other financial aid for education, are subtracted from what is spent by households. Note that in some countries for some education levels, the value of this indicator may be 0, since on average households may be receiving as much, or more, in financial aid from the government than what they are spending on education. Calculation: Total payments of households (pupils, students and their families) for educational institutions (such as for tuition fees, exam and registration fees, contribution to Parent-Teacher associations or other school funds, and fees for canteen, boarding and transport), plus purchases outside of educational institutions (such as for uniforms, textbooks, teaching materials, or private classes), minus government education transfers to households (such as scholarships or other education-specific financial aid). Limitations: Indicators for household expenditure on education should be interpreted with caution since data comes from household surveys which may not all follow the same definitions and concepts. These types of surveys are also not carried out in all countries with regularity, and for some categories (such as pupils in pre-primary education), the sample sizes may be low. In some cases where data on government transfers to households (scholarships and other financial aid) was not available, they could not be subtracted from amounts paid by households. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/