Education Spending: Bosnia and Herzegovina
Bosnia and Herzegovina's education spending is currently 3.246 % of GDP as of 2023. # Bosnia and Herzegovina Education Spending Bosnia and Herzegovina allocated 3.
Current (2023)
3.246 % of GDP
+9.3% y/y
Peak (2016)
4.265 % of GDP
Low (2017)
2.839 % of GDP
Source
World Bank World Development Indicators
2014–2023 · 10 pts
Education Spending — Bosnia and Herzegovina
2014 — 2023
Education Spending — Bosnia and Herzegovina
Analysis# Bosnia and Herzegovina Education Spending
Bosnia and Herzegovina allocated 3.246% of GDP to education in 2023, remaining below its all-time peak of 4.265% recorded in 2016. The country's education spending has declined 2.1% since 2014, when it stood at 3.315% of GDP. The lowest point came in 2017 at 2.839%, followed by another dip to 2.97% in 2022, indicating persistent volatility in fiscal commitment to education.
The data reveals sharp year-to-year fluctuations rather than a steady downward trend. A notable recovery occurred between 2017 and 2019, climbing from 2.839% to 4.044%, before dropping again in 2020 during the pandemic. The modest uptick to 3.246% in 2023 suggests stabilization but falls short of pre-pandemic investment levels, signaling continued budget pressures on the education sector.
Historical Data
10 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 3.246 % of GDP | +9.29% |
| 2022 | 2.97 % of GDP | -28.19% |
| 2021 | 4.136 % of GDP | +36.95% |
| 2020 | 3.02 % of GDP | -25.32% |
| 2019 | 4.044 % of GDP | +3.88% |
| 2018 | 3.893 % of GDP | +37.13% |
| 2017 | 2.839 % of GDP | -33.43% |
| 2016 | 4.265 % of GDP | +41.32% |
| 2015 | 3.018 % of GDP | -8.96% |
| 2014 | 3.315 % of GDP | — |
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