(24 KB)

Table 3.

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 2007–08

[In current dollars]
School year ending	Gross domestic product (in billions of dollars)	Total public revenue for education (in billions of 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	$1,039	$40	3.9
1971	1,127	45	4.0
1972	1,238	50	4.0
1973	1,383	52	3.8
1974	1,500	58	3.9
1975	1,638	64	3.9
1976	1,825	71	3.9
1977	2,031	75	3.7
1978	2,295	81	3.5
1979	2,563	88	3.4
1980	2,790	97	3.5
1981	3,128	106	3.4
1982	3,255	110	3.4
1983	3,537	118	3.3
1984	3,933	126	3.2
1985	4,220	137	3.2
1986	4,463	149	3.3
1987	4,740	159	3.4
1988	5,104	170	3.3
1989	5,484	192	3.5
1990	5,803	209	3.6
1991	5,996	223	3.7
1992	6,338	235	3.7
1993	6,657	248	3.7
1994	7,072	260	3.7
1995	7,398	273	3.7
1996	7,817	288	3.7
1997	8,304	305	3.7
1998	8,747	326	3.7
1999	9,268	347	3.7
2000	9,817	373	3.8
2001	10,128	401	4.0
2002	10,470	420	4.0
2003	10,961	440	4.0
2004	11,686	462	4.0
2005	12,422	488	3.9
2006	13,178	521	4.0
2007	13,808	555	4.0
2008	14,441	585	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 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, NIPA Tables, Table 1.1.5, GDP (Last Revised May 2010); U.S. Department of Education, National Center for Education Statistics (NCES) (2009). Digest of Education Statistics 2009 (NCES 2010-013), Table 32; 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), 2007–08.

List of Tables

Download Excel Excel format

(24 KB)

EDFIN