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Public Effort to Fund Elementary and Secondary Education
Table 39-2.  Gross domestic product (GDP), total public revenue in elementary and secondary schools, and total public revenue in elementary and secondary schools as a percentage of GDP: 1969–70 to 2001–02

[In current dollars]
School year
ending
Gross domestic product
(in billions of dollars)
Total public
revenue for education
(in billions of dollars)
Total public revenue
as a percentage of GDP

1970 $1,013 $40 4.0
1971 1,080 45 4.1
1972 1,177 50 4.3
1973 1,311 52 4.0
1974 1,439 58 4.1
1975 1,561 64 4.1
1976 1,739 71 4.1
1977 1,917 75 3.9
1978 2,151 81 3.8
1979 2,436 88 3.6
1980 2,679 97 3.6
1981 2,961 106 3.6
1982 3,201 110 3.4
1983 3,364 118 3.5
1984 3,749 126 3.4
1985 4,078 137 3.4
1986 4,349 149 3.4
1987 4,586 159 3.5
1988 4,917 170 3.5
1989 5,305 192 3.6
1990 5,658 209 3.7
1991 5,888 223 3.8
1992 6,154 235 3.8
1993 6,505 248 3.8
1994 6,854 260 3.8
1995 7,246 273 3.8
1996 7,589 288 3.8
1997 8,058 305 3.8
1998 8,524 326 3.8
1999 8,996 347 3.9
2000 9,571 373 3.9
2001 9,992 401 4.0
2002 10,286 420 4.1

NOTE: Detail may not sum to totals because of rounding. GNP and total public revenue are in current dollars and have not been been adjusted for the effects of inflation. Public revenue is measured by total revenue received by school districts providing public elementary and secondary education. See supplemental note 3 for more information about the Common Core of Data (CCD).

SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, and previously unpublished tabulation (November 2004); U.S. Department of Education, National Center for Education Statistics (NCES). (2004). Digest of Education Statistics 2003 (NCES 2005–025), tables 3 and 156 and (2005) Digest of Education Statistics 2004 (NCES 2005–079), table 156; U.S. Department of Education, NCES, Statistics of State School Systems and Revenues and Expenditures for Public Elementary and Secondary Education, Common Core of Data (CCD), “National Public Education Financial Survey” (NPEFS), 1987–88 to 2001–02.

 
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