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ICP 2017 was updated on July 10, 2020
Quarterly Public Sector Debt was updated on July 7, 2020
IDA Results Measurement System, Tier I Database – WDI was updated on July 7, 2020
World Development Indicators was updated on July 1, 2020
Filtered Results: 10
Adjusted savings: education expenditure (% of GNI)
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.
UNESCO; data are extrapolated to the most recent year available
Economic Policy & Debt: National accounts: Adjusted savings & income
Limitations and exceptions
Public education expenditures are considered an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries.
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