Education Spending: Venezuela
Venezuela's education spending is currently 6.875 % of GDP as of 2009. # Venezuela Education Spending Venezuela allocated 6.
Current (2009)
6.875 % of GDP
+89.6% y/y
Peak (2009)
6.875 % of GDP
Low (1990)
2.447 % of GDP
Source
World Bank World Development Indicators
1970–2009 · 20 pts
Education Spending — Venezuela
1970 — 2009
Education Spending — Venezuela
Analysis# Venezuela Education Spending
Venezuela allocated 6.875% of GDP to education in 2009, marking both its highest investment level and the endpoint of available data. This figure represents a dramatic 65.1% increase from 1970 baseline levels. The country's education spending trajectory proved highly volatile across four decades, ranging from a low of 2.447% in 1990 to the 2009 peak.
Venezuela's most significant reversal occurred between 1990 and 1992, when spending plummeted to its historical minimum before rebounding to 4.311% just two years later. The late 2000s showed renewed commitment to education, with spending climbing from 3.627% in 2007 to 6.875% in 2009—a substantial 89% surge in just two years. This sharp acceleration suggests a policy shift toward prioritizing education investment during that period.
Historical Data
20 Rows| Year | Value | Change % |
|---|---|---|
| 2009 | 6.875 % of GDP | +89.55% |
| 2007 | 3.627 % of GDP | -1.14% |
| 2006 | 3.669 % of GDP | -26.71% |
| 1994 | 5.006 % of GDP | +31.12% |
| 1993 | 3.818 % of GDP | -11.44% |
| 1992 | 4.311 % of GDP | +76.17% |
| 1990 | 2.447 % of GDP | -32.57% |
| 1988 | 3.629 % of GDP | -7.61% |
| 1987 | 3.928 % of GDP | -3.35% |
| 1984 | 4.064 % of GDP | -32.94% |
| 1983 | 6.06 % of GDP | +20.98% |
| 1982 | 5.009 % of GDP | -3.43% |
| 1981 | 5.187 % of GDP | +17.86% |
| 1980 | 4.401 % of GDP | -16.28% |
| 1977 | 5.257 % of GDP | +1.12% |
| 1975 | 5.199 % of GDP | +31.69% |
| 1974 | 3.948 % of GDP | -18.38% |
| 1972 | 4.837 % of GDP | +15.72% |
| 1971 | 4.18 % of GDP | +0.41% |
| 1970 | 4.163 % of GDP | — |
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