HistoryData

Education Spending: Trinidad and Tobago

Trinidad and Tobago's education spending is currently 3.234 % of GDP as of 2023. # Trinidad and Tobago Education Spending Trinidad and Tobago allocated 3.

Current (2023)
3.234 % of GDP
+14.8% y/y
Peak (1984)
5.874 % of GDP
Low (1998)
2.439 % of GDP
Source
World Bank World Development Indicators
19802023 · 31 pts

Education SpendingTrinidad and Tobago

19802023

Education Spending — Trinidad and Tobago
2.439% of GDP3.298% of GDP4.156% of GDP5.015% of GDP5.874% of GDP198019902000201020202023PeakLow
Analysis# Trinidad and Tobago Education Spending Trinidad and Tobago allocated 3.234% of GDP to education in 2023, marking a significant decline from its peak of 5.874% in 1984. The nation's education spending has contracted 14.2% since 1980, reflecting a long-term downward trajectory. Current spending levels remain above the all-time low of 2.439% recorded in 1998, but substantial variation over the past decade suggests volatility rather than sustained commitment. The 2014–2020 period showed relative stability, fluctuating between 3.33% and 4.425% of GDP. A sharp contraction occurred in 2021–2022, dropping to 2.818%, before recovering slightly to 3.234% in 2023. This recent recovery remains modest and falls well below historical averages, indicating continued pressure on education investment relative to the nation's economic capacity.

Historical Data

31 Rows
YearValueChange %
20233.234 % of GDP+14.76%
20222.818 % of GDP-7.42%
20213.044 % of GDP-27.87%
20204.22 % of GDP+18.74%
20193.554 % of GDP+2.39%
20183.471 % of GDP+4.27%
20173.329 % of GDP-21.00%
20164.214 % of GDP-4.77%
20154.425 % of GDP+23.26%
20143.59 % of GDP-4.34%
20133.753 % of GDP+5.01%
20123.574 % of GDP-7.19%
20113.851 % of GDP-8.57%
20104.212 % of GDP+34.27%
20033.137 % of GDP-11.46%
20023.543 % of GDP+15.60%
20013.065 % of GDP+11.21%
20002.756 % of GDP+0.00%
19992.756 % of GDP+13.00%
19982.439 % of GDP-26.65%
Show all 31 rows
YearValueChange %
19973.325 % of GDP+2.34%
19963.249 % of GDP-8.71%
19953.559 % of GDP+3.70%
19943.432 % of GDP-6.08%
19903.654 % of GDP-13.00%
19894.2 % of GDP-27.18%
19855.768 % of GDP-1.80%
19845.874 % of GDP+1.86%
19835.767 % of GDP+5.68%
19825.457 % of GDP+44.82%
19803.768 % of GDP

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