Total expenditures of educational institutions related to the gross domestic product, by level of institution: 1929-30 to 2000-01

Table 29.

________________________________________________________________________________________________
        |         |             |Total expenditures for education in millions of current dollars
        |         |             |_______________________________________________________________
        |         |             | All educational   | All elementary and |  All colleges and
        |  Gross  |             |  institutions     | secondary schools  |   universities
  Year  |domestic |   School    |___________________|____________________|______________________
        | product |    year     |          |  As a  |           |  As a  |           |   As a
        |   (in   |             |          |percent |           |percent |           | percent
        |billions)|             |  Amount  |of gross|  Amount   |of gross|  Amount   | of gross
        |         |             |          |domestic|           |domestic|           | domestic
        |         |             |          |product |           |product |           | product
________|_________|_____________|__________|________|___________|________|___________|__________
   1    |    2    |      3      |     4    |     5  |     6     |     7  |     8     |    9
________|_________|_____________|__________|________|___________|________|___________|__________
1929 ...|  $103.7 | 1929-30     |      --- |    --- |       --- |    --- |      $632 |      0.6
1939 ...|    92.0 | 1939-40     |      --- |    --- |       --- |    --- |       758 |      0.8
1949 ...|   267.7 | 1949-50     |   $8,911 |    3.3 |    $6,249 |    2.3 |     2,662 |      1.0
1959 ...|   507.4 | 1959-60     |   23,860 |    4.7 |    16,713 |    3.3 |     7,147 |      1.4
1961 ...|   545.7 | 1961-62     |   28,503 |    5.2 |    19,673 |    3.6 |     8,830 |      1.6
        |         |             |          |        |           |        |           |
1963 ...|   618.7 | 1963-64     |   34,440 |    5.6 |    22,825 |    3.7 |    11,615 |      1.9
1965 ...|   720.1 | 1965-66     |   43,682 |    6.1 |    28,048 |    3.9 |    15,634 |      2.2
1967 ...|   834.1 | 1967-68     |   55,652 |    6.7 |    35,077 |    4.2 |    20,575 |      2.5
1969 ...|   985.3 | 1969-70     |   68,459 |    6.9 |    43,183 |    4.4 |    25,276 |      2.6
1970 ...| 1,039.7 | 1970-71     |   75,741 |    7.3 |    48,200 |    4.6 |    27,541 |      2.6
        |         |             |          |        |           |        |           |
1971 ...| 1,128.6 | 1971-72     |   80,672 |    7.1 |    50,950 |    4.5 |    29,722 |      2.6
1972 ...| 1,240.4 | 1972-73     |   86,875 |    7.0 |    54,952 |    4.4 |    31,923 |      2.6
1973 ...| 1,385.5 | 1973-74     |   95,396 |    6.9 |    60,370 |    4.4 |    35,026 |      2.5
1974 ...| 1,501.0 | 1974-75     |  108,664 |    7.2 |    68,846 |    4.6 |    39,818 |      2.7
1975 ...| 1,635.2 | 1975-76     |  118,706 |    7.3 |    75,101 |    4.6 |    43,605 |      2.7
        |         |             |          |        |           |        |           |
1976 ...| 1,823.9 | 1976-77     |  126,417 |    6.9 |    79,194 |    4.3 |    47,223 |      2.6
1977 ...| 2,031.4 | 1977-78     |  137,042 |    6.7 |    86,544 |    4.3 |    50,498 |      2.5
1978 ...| 2,295.9 | 1978-79     |  148,308 |    6.5 |    93,012 |    4.1 |    55,296 |      2.4
1979 ...| 2,566.4 | 1979-80     |  165,627 |    6.5 |   103,162 |    4.0 |    62,465 |      2.4
1980 ...| 2,795.6 | 1980-81     |  182,849 |    6.5 |   112,325 |    4.0 |    70,524 |      2.5
        |         |             |          |        |           |        |           |
1981 ...| 3,131.3 | 1981-82     |  197,801 |    6.3 |   120,486 |    3.8 |    77,315 |      2.5
1982 ...| 3,259.2 | 1982-83     |  212,081 |    6.5 |   128,725 |    3.9 |    83,356 |      2.6
1983 ...| 3,534.9 | 1983-84     |  228,597 |    6.5 |   139,000 |    3.9 |    89,597 |      2.5
1984 ...| 3,932.7 | 1984-85     |  247,657 |    6.3 |   149,400 |    3.8 |    98,257 |      2.5
1985 ...| 4,213.0 | 1985-86     |  269,485 |    6.4 |   161,800 |    3.8 |   107,685 |      2.6
        |         |             |          |        |           |        |           |
1986 ...| 4,452.9 | 1986-87     |  291,974 |    6.6 |   175,200 |    3.9 |   116,774 |      2.6
1987 ...| 4,742.5 | 1987-88     |  313,375 |    6.6 |   187,999 |    4.0 |   125,376 |      2.6
1988 ...| 5,108.3 | 1988-89     |  346,883 |    6.8 |   209,377 |    4.1 |   137,506 |      2.7
1989 ...| 5,489.1 | 1989-90     |  381,525 |    7.0 |   230,970 |    4.2 |   150,555 |      2.7
1990 ...| 5,803.2 | 1990-91     |  412,652 |    7.1 |   248,930 |    4.3 |   163,722 |      2.8
        |         |             |          |        |           |        |           |
1991 ...| 5,986.2 | 1991-92     |  432,987 |    7.2 |   261,255 |    4.4 |   171,732 |      2.9
1992 ...| 6,318.9 | 1992-93     |  456,070 |    7.2 |   274,335 |    4.3 |   181,735 |      2.9
1993 ...| 6,642.3 | 1993-94     |  477,237 |    7.2 |   287,507 |    4.3 |   189,730 |      2.9
1994 ...| 7,054.3 | 1994-95     |  503,925 |    7.1 |   302,400 |    4.3 |   201,525 |      2.9
1995 ...| 7,400.5 | 1995-96     |  529,596 |    7.2 |   318,246 |    4.3 |   211,350 |      2.9
        |         |             |          |        |           |        |           |
1996 ...| 7,813.2 | 1996-97     |  562,451 |    7.2 |   339,151 |    4.3 |   223,300 |      2.9
1997 ...| 8,318.4 | 1997-98     |  596,915 |    7.2 |   361,415 |    4.3 |   235,500 |      2.8
1998 ...| 8,781.5 | 1998-99\1\  |  633,459 |    7.2 |   384,059 |    4.4 |   249,400 |      2.8
1999 ...| 9,268.6 | 1999-2000\2\|  669,000 |    7.2 |   404,300 |    4.4 |   264,700 |      2.9
2000 ...| 9,872.9 | 2000-01\2\  |  699,700 |    7.1 |   422,700 |    4.3 |   277,000 |      2.8
________|_________|_____________|__________|________|___________|________|___________|__________

---Not available.
\1\Preliminary data for elementary and secondary schools and estimates for colleges and universities.
\2\Estimated.

NOTE: Total expenditures for public elementary and secondary schools include current expenditures, interest on school debt, and capital outlay. Data for private elementary and secondary schools are estimated. Total expenditures for colleges and universities include current-fund expenditures and additions to plant value. Excludes expenditures of noncollegiate postsecondary institutions. Data for 1995-96 and later years are for 4-year and 2-year degree-granting institutions that were eligible to participate in Title IV federal financial aid programs. Some data revised from previously published figures. Detail may not sum to totals due to rounding.

SOURCE: U.S. Department of Education, National Center for Education Statistics, Statistics of State School Systems; Revenues and Expenditures for Public Elementary and Secondary Education; Financial Statistics of Institutions of Higher Education; Common Core of Data survey; Higher Education General Information Survey (HEGIS), "Financial Statistics of Institutions of Higher Education" survey; Integrated Postsecondary Education Data System (IPEDS) "Finance" survey; and unpublished data; Bureau of Economic Analysis, Survey of Current Business; and National Education Association, Estimates of School Statistics, various years. (This table was prepared November 2001.)

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