24Peaks / South America / Argentina / Government Education Expenditure (% of GDP)

Argentina - Government Education Expenditure (% of GDP) 5

World Bank WDI · updated 2026-10-15 · 203 economies tracked

Latest value

5 (2023)

Global rank

##30 of 203 economies

Share of global total

1.0%

Growth since 1970

3.42×

Ranking Race — Government Education Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331970198019902000201020202025#31#302022 overtook Ukraine2023 overtook Brazil
ArgentinaBurundiPhilippines

Real annual global ranks, 1970 - 2025. Argentina climbed from #31 to #30 (overtook Ukraine). Gaps in a lane = missing data that year.

Key events for Argentina ↓

Key Events — Argentina

Auto-detected from rank data + curated milestones

1989
Hyperinflation curated

Prices spiral out of control before convertibility plan.

2001
Sovereign default curated

Largest default in history; peso peg abandoned.

2002
Fell 21 places in global rank auto
2003
Commodity boom rebound curated

Strong recovery driven by commodity exports.

2010
Fell 15 places in global rank auto
2015
Climbed 15 places in global rank auto
2018
Fell 19 places in global rank auto
2018
Currency crisis curated

IMF bailout as the peso loses half its value.

Government Education Expenditure (% of GDP), 1970-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
197019852000201520231.052.634.25.78
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