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Bermuda — Education spending
Government Education Spending (% of GDP) for Bermuda, 1973–2023.
Latest value · 2023
1.87%
Government Education Spending (% of GDP) · % of GDP · -54.6% since 1973
Education spending for Bermuda was 1.87% in 2023, according to the latest World Bank data. The series covers 25 years, from 1973 to 2023. The highest recorded value was 4.11% in 1973. The lowest was 1.32% in 2017 (about 1.4× the low point). Across that span the compound annual growth rate works out to -1.57% per year.
Bermuda ranks 163 of 172 economies on this measure (1 = highest), putting it in the top 95%. The median for North America is 4.84%, so Bermuda sits below it. It peaked in 1973 and has fallen 55% since. Over the last decade (2013–2023) the figure moved down 18%.
Key figures
Latest (2023)
1.87%
First (1973)
4.11%
Change
-54.6%
Highest
4.11%
in 1973
Lowest
1.32%
in 2017
Average
2.28%
Annual growth (CAGR)
-1.57%
Years of data
25
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 1.87% |
| 2022 | 1.78% |
| 2021 | 1.95% |
| 2020 | 1.75% |
| 2019 | 1.93% |
| 2018 | 1.94% |
| 2017 | 1.32% |
| 2016 | 2.04% |
| 2015 | 1.5% |
| 2014 | 1.54% |
| 2013 | 2.28% |
| 2012 | 2.39% |
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.