Education Spending: Suriname
Suriname's education spending is currently 2.866 % of GDP as of 2023. # Suriname Education Spending Suriname allocated 2.
Current (2023)
2.866 % of GDP
-16.6% y/y
Peak (2019)
6.779 % of GDP
Low (2023)
2.866 % of GDP
Source
World Bank World Development Indicators
2015–2023 · 9 pts
Education Spending — Suriname
2015 — 2023
Education Spending — Suriname
Analysis# Suriname Education Spending
Suriname allocated 2.866% of its GDP to education in 2023, marking a historic low for the country. This represents a dramatic 48.2% decline from 2015's 5.535%, when education investment was substantially higher. The nation's peak spending occurred in 2019 at 6.779% of GDP, making the subsequent four-year contraction particularly stark.
The sharpest deterioration emerged between 2019 and 2023, with spending falling by nearly 58% in just four years. A notable inflection point occurred in 2020, when education spending dropped from 6.779% to 4.584%, followed by consecutive annual reductions through 2023. The consistent downward trajectory suggests persistent fiscal constraints or shifting budgetary priorities, with no indication of reversal in the most recent data.
Historical Data
9 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 2.866 % of GDP | -16.56% |
| 2022 | 3.435 % of GDP | -16.87% |
| 2021 | 4.132 % of GDP | -9.86% |
| 2020 | 4.584 % of GDP | -32.38% |
| 2019 | 6.779 % of GDP | +37.70% |
| 2018 | 4.923 % of GDP | -9.82% |
| 2017 | 5.459 % of GDP | -3.23% |
| 2016 | 5.641 % of GDP | +1.92% |
| 2015 | 5.535 % of GDP | — |
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