| Table 204: Actual and Projected Educational Expenditure at Current Prices in | ||||||
| Relation to Gross Domestic Product, 1994/95 to 2009/10 | ||||||
| Year | Educational | GDP at Current | Educational Expenditure | |||
| Expenditure | Prices | as a Percentage of GDP | ||||
| Actual | 1994/95 | 78.99 | 1189 | 6.6 | ||
| 1995/96 | 84.52 | 1277 | 6.6 | |||
| 1996/97 | 89.73 | 1290 | 7.0 | |||
| 1997/98 | 95.10 | 1326 | 7.2 | |||
| 1998/99 | 100.2 | 1421 | 7.1 | |||
| 1999/00 | 104.7 | 1521 | 6.9 | |||
| 2000/01 | 102.7 | 1559 | 6.6 | |||
| 2001/02 | 110.0 | 1534 | 7.2 | |||
| 2002/03 | 111.9 | 1540 | 7.3 | |||
| 2003/04 | 109.4 | 1614 | 6.8 | |||
| 2004/05 | 115.5 | 1686 | 6.9 | |||
| 2005/06 | 118.5 | 1906 | 6.2 | |||
| 2006/07 | 124.1 | 2045 | 6.1 | |||
| 2007/08 | 127.3 | 2117 | 6.0 | |||
| 2008/09 | 127.1 | 2191 | 5.8 | |||
| 2009/10 | 123.8 | 2267 | 5.5 | |||
| Source : | Educational Expenditure : Tables 199 and 202 | |||||
| GDP : Table 197 for actual figures. For projection purposes the GDP, has been assumed to | ||||||
| increase at an annual rate of 3.86 percent (average increase over past three years) | ||||||
| Source: Ministry of Education and Culture | ||||||
| Last updated on January 14, 2008 by Olympia Joseph | ||||||
| Last updated on February 26, 2007 by Olympia Joseph | ||||||