Public Expenditure on Education Calculator - Gross National Income

Posted by Dinesh on

To calculate divide total public expenditure on education in a given financial year by the GNI of the country for the corresponding year and multiply by 100.

Total public expenditure on education (current and capital) expressed as a percentage of the Gross National Income (GNI) in a given financial year. GNI is also referred to as Gross National Product (GNP).

Public Expenditure on Education of GNI

Formula:

%XGNIt = [PXEt GNIt] x 100

where,
PXEt = Total Public expenditure on Education in financial year t,
GNIt = Gross National Income in financial year t,
XGNIt = Public expenditure on education in financial year t