New Zealand—Tertiary Education Spending (% of Education Budget)
New Zealand's tertiary education spending (% of education budget) was 23.7% in 2016, ranking #55 out of 175 countries. This represents a -7.2% change from 2015. Over the past 4 years, the highest recorded value was 25.6% (2015) and the lowest was 23.7% (2016). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2016 | 23.7% | -7.2% |
| 2015 | 25.6% | +2.5% |
| 2014 | 24.9% | -1.2% |
| 2013 | 25.3% |
Top Countries — Tertiary Education Spending (% of Education Budget)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Namibia | 50.6% | 2014 |
| 2 | Ethiopia | 47.9% | 2015 |
| 3 | Sierra Leone | 46.4% | 2018 |
| 4 | Ecuador | 43.5% | 2015 |
| 5 | Botswana | 41.5% | 2009 |
| 6 | Gabon | 37.8% | 2014 |
| 7 | Macao SAR, China | 37.1% | 2017 |
| 8 | Puerto Rico (US) | 36.8% | 2014 |
| 9 | Greece | 36.1% | 2005 |
| 10 | Canada | 35.6% | 2011 |
About This Indicator
Definition
Expenditure on tertiary education is expressed as a percentage of total general government expenditure on education. General government usually refers to local, regional and central governments.
Methodology
Original contributors: Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://uis.unesco.org/bdds, publisher: UNESCO Institute for Statistics (UIS)
Unit
% of government expenditure on education