Bermuda — Education spending
Government Education Spending (% of GDP) for Bermuda, 1973–2023.
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%. Its sharpest one-year move was up 46% in 2018. That is 3% above this series' own ten-year average.
Data highlights
World ranking. Slipped: 21st of 49 in 1973 → 31st of 50 in 1990 → 115th of 130 in 2010 → 153rd of 157 in 2020 → 98th of 107 in 2023.
Key figures
Full history — 1973 to 2023
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 1.87% | +0.1 pp |
| 2022 | 1.78% | -0.2 pp |
| 2021 | 1.95% | +0.2 pp |
| 2020 | 1.75% | -0.2 pp |
| 2019 | 1.93% | -0.0 pp |
| 2018 | 1.94% | +0.6 pp |
| 2017 | 1.32% | -0.7 pp |
| 2016 | 2.04% | +0.5 pp |
| 2015 | 1.5% | -0.0 pp |
| 2014 | 1.54% | -0.7 pp |
| 2013 | 2.28% | -0.1 pp |
| 2012 | 2.39% | +0.2 pp |
| 2011 | 2.2% | -0.1 pp |
| 2010 | 2.31% | +0.0 pp |
| 2009 | 2.29% | +0.3 pp |
| 2005 | 1.99% | +0.2 pp |
| 2004 | 1.78% | +0.1 pp |
| 2003 | 1.67% | -0.5 pp |
| 1998 | 2.15% | -1.3 pp |
| 1992 | 3.48% | +0.3 pp |
| 1991 | 3.15% | +0.0 pp |
| 1990 | 3.14% | +0.1 pp |
| 1985 | 3.03% | -0.4 pp |
| 1975 | 3.43% | -0.7 pp |
| 1973 | 4.11% | — |
Frequently asked questions
What was Bermuda’s Education spending in 1975?
3.43% (1975). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Bermuda’s Education spending growing or shrinking?
Between 1973 and 2023 the series was shrinking overall: -54.6% in total — about 1.6% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SE.XPD.TOTL.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2023: 1.87%; 2022: 1.78%; 2021: 1.95%; 2020: 1.75%; 2019: 1.93%. Earlier years are in the full-history table below.
Related data
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.