Is Lao PDR's Government expenditure on education, total (% of GDP) rising or falling?

Lao PDR's Government expenditure on education, total (% of GDP) fell 15.5% from 2022 to 2023.

How does Lao PDR's Government expenditure on education, total (% of GDP) compare to the world average?

The global average for Government expenditure on education, total (% of GDP) in 2023 was 4.24, so Lao PDR is below the world average.

Lao PDR: Government expenditure on education, total (% of GDP)

Name: Lao PDR: Government expenditure on education, total (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2023, Lao PDR's Government expenditure on education, total (% of GDP) was 1.23.

That's down 15.5% from 2022, the highest value since 2022.

The global average for this indicator in 2023 was 4.24 .

Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS) • Data as of 2023

Trend (2006–2023)

Highlights

Peak: 3.23; 2013
Trough: 1.23; 2023
1-year change: -15.5%
5-year change: -47.2%; -12.0% / yr
10-year change: -61.8%; -9.2% / yr

Historical Data — Last 10 Years

Year	Government expenditure on education, total (% of GDP)
2023	1.2338
2022	1.4608
2021	1.8595
2020	1.9160
2019	2.1220
2018	2.3350
2017	2.4980
2016	2.7744
2015	2.7369
2014	2.9378

About Government expenditure on education, total (% of GDP)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.

Indicator code: SE.XPD.TOTL.GD.ZS • Category: Education

Frequently asked questions

What was Lao PDR's Government expenditure on education, total (% of GDP) in 2023?: In 2023, Lao PDR's Government expenditure on education, total (% of GDP) was 1.23, according to World Bank Open Data.
Is Lao PDR's Government expenditure on education, total (% of GDP) rising or falling?: Lao PDR's Government expenditure on education, total (% of GDP) fell 15.5% from 2022 to 2023.
How does Lao PDR's Government expenditure on education, total (% of GDP) compare to the world average?: The global average for Government expenditure on education, total (% of GDP) in 2023 was 4.24, so Lao PDR is below the world average.
What is Government expenditure on education, total (% of GDP) and how is it measured?: General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.

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Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS), CC BY 4.0.