HistoryData

Education Spending: Greece

Greece's education spending is currently 3.375 % of GDP as of 2022. # Greece Education Spending Greece allocated 3.

Current (2022)
3.375 % of GDP
-5.0% y/y
Peak (2005)
4.055 % of GDP
Low (1973)
1.128 % of GDP
Source
World Bank World Development Indicators
19702022 · 31 pts

Education SpendingGreece

19702022

Education Spending — Greece
1.128% of GDP1.86% of GDP2.592% of GDP3.323% of GDP4.055% of GDP1970198019902000201020202022LowPeak
Analysis# Greece Education Spending Greece allocated 3.375% of its GDP to education in 2022, representing a moderate commitment to the sector. This figure sits notably below the country's all-time peak of 4.055% in 2005, yet vastly exceeds the 1.128% low recorded in 1973. Overall, education spending has grown 115.2% since 1970, demonstrating a sustained expansion in Greece's educational investment over five decades. The early 2000s marked Greece's highest education spending period, with spending climbing steadily from 3.473% in 2001 to the 4.055% peak in 2005. Since then, spending has gradually declined, fluctuating between 3.4% and 3.7% through the 2010s and 2020s. The 2022 figure of 3.375% suggests continued contraction, potentially reflecting fiscal pressures or shifting budget priorities in recent years.

Historical Data

31 Rows
YearValueChange %
20223.375 % of GDP-4.96%
20193.551 % of GDP-0.70%
20183.576 % of GDP+3.11%
20173.468 % of GDP-5.81%
20153.682 % of GDP-9.20%
20054.055 % of GDP+7.82%
20043.761 % of GDP+6.73%
20033.524 % of GDP+0.03%
20023.523 % of GDP+1.44%
20013.473 % of GDP+3.64%
20003.351 % of GDP+6.45%
19993.148 % of GDP+5.21%
19982.992 % of GDP+52.50%
19911.962 % of GDP-5.45%
19902.075 % of GDP+1.52%
19892.044 % of GDP+7.86%
19881.895 % of GDP+1.88%
19871.86 % of GDP+0.05%
19861.859 % of GDP+1.25%
19841.836 % of GDP+7.24%
Show all 31 rows
YearValueChange %
19831.712 % of GDP+0.06%
19821.711 % of GDP-0.35%
19811.717 % of GDP+0.47%
19781.709 % of GDP+12.81%
19771.515 % of GDP+3.13%
19761.469 % of GDP-0.81%
19751.481 % of GDP+9.30%
19741.355 % of GDP+20.12%
19731.128 % of GDP-14.61%
19711.321 % of GDP-15.75%
19701.568 % of GDP

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