NSCB - 1991-1998 National Education Expenditure Account

Among the six institutional sectors, general government spent the biggest amount on education. From PhP37.8 billion in 1991, government expenditures reached PhP115.0 in 1998. Households, on the other hand, allocated a total of PhP35.6 billion in 1991, in 1998. The four other sectors (financial and non-financial corporations, non-profit institutions serving households, and the rest of the world) together contributed PhP6.0 billion and PhP14.8 billion in 1991 and 1998, respectively.

The fastest growing sector as a provider of education funds were the financial corporations, which posted an average growth of 28.8 percent.

The participation of the private pre-need and insurance industry in education financing has been increasing, but its share in the total education expenditures has remained low.

Education Expenditures by Source of Funds
1991-1998
(in million pesos)

Year	All Sources	General Govern-ment	House-holds	Financial Corpora-tions	Non-financial Corpora-tions	Non-profit Institu-tions Serving House-holds	Rest of the World
1991	81,054	39,506	35,547	1,167	4,465	53	316
1992	87,181	39,217	42,346	1,370	3,687	52	509
1993	102,319	46,037	49,673	1,844	4,396	10	359
1994	117,000	50,888	58,827	2,105	4,503	101	576
1995	139,290	63,454	67,401	2,013	5,335	112	975
1996	162,940	73,118	78,629	3,818	6,587	157	631
1997	209,543	101,097	94,296	5,345	7,905	109	792
1998	243,190	116,997	111,381	5,900	8,306	118	487
average annual growth rate	17.1	17.3	17.7	28.8	10.2	127.6	16.2

Source: National Statistical Coordination Board.


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