Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Bahamas

Education expenditure (% of GDP) in the Bahamas in 2023 — 2.74%. Ranked 91 in the world out of 121. Since 2000, the indicator has risen by 0.51 pp.

2023 2.74% +0.12 pp vs 2022
World rank 91of 121
Period maximum 3.71%2020
Period minimum 2.23%2000

Trend over time

2000–2023 · % of GDP

Education expenditure (% of GDP) — Bahamas, 2000–202322.533.542000200320062009201220152018202120232000: 2.23%2010: 2.45%2011: 2.36%2012: 2.3%2013: 2.42%2014: 2.25%2015: 2.27%2016: 2.59%2017: 2.7%2018: 2.49%2019: 2.63%2020: 3.71%2021: 3.05%2022: 2.62%2023: 2.74%
Change over the period: +0.51 pp Annual average: 0.02 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Bahamas

Bahamas 2.74%
World 3.57%
Caribbean computed 3.78%
Education expenditure (% of GDP) — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2023 2.74 +0.12 pp
2022 2.62 −0.43 pp
2021 3.05 −0.66 pp
2020 3.71 +1.09 pp
2019 2.63 +0.13 pp
2018 2.49 −0.2 pp
2017 2.7 +0.11 pp
2016 2.59 +0.32 pp
2015 2.27 +0.03 pp
2014 2.25 −0.18 pp
2013 2.42 +0.12 pp
2012 2.3 −0.05 pp
2011 2.36 −0.1 pp
2010 2.45
2000 2.23

About the indicator

Total government expenditure on education (current, capital and transfers) as a percentage of GDP, covering all levels from preprimary to tertiary. The international benchmark of the Incheon Declaration is 4–6% of GDP. The indicator leaves out private spending by households, which in some countries is comparable to public spending.

Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.