Education Spending: Ecuador

Analysis# Ecuador Education Spending Ecuador allocated 3.691% of its GDP to education in 2024, down from 3.82% the previous year. The country's spending peaked at 6.872% in 1986 but plummeted to a historic low of 1.203% in 2000. Since 1970, education spending has grown 84.3% overall, reflecting substantial long-term investment despite recent fluctuations. A sharp decline occurred between 2015 and 2021, when spending contracted from 5.106% to 3.656%—a loss of 1.45 percentage points in six years. This contraction likely reflects Ecuador's economic pressures during that period. Current levels remain well below the mid-2010s peak, and the 2024 figure suggests spending has stabilized near 3.7% of GDP, indicating a potential floor in recent allocations.