How does Bahamas, The's Government expenditure on education, total (% of GDP) compare to the world average?

The global average for Government expenditure on education, total (% of GDP) in 2023 was 4.24, so Bahamas, The is below the world average.

Bahamas, The: Government expenditure on education, total (% of GDP)

Name: Bahamas, The: Government expenditure on education, total (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2023, Bahamas, The's Government expenditure on education, total (% of GDP) was 2.74.

That's up 4.5% from 2022, the highest value since 2021.

The global average for this indicator in 2023 was 4.24 .

Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS) • Data as of 2023

Trend (2010–2023)

Highlights

Peak: 3.71; 2020
Trough: 2.25; 2014
1-year change: +4.5%
5-year change: +10.0%; +1.9% / yr
10-year change: +13.1%; +1.2% / yr

Historical Data — Last 10 Years

Year	Government expenditure on education, total (% of GDP)
2023	2.7419
2022	2.6237
2021	3.0489
2020	3.7125
2019	2.6257
2018	2.4926
2017	2.6951
2016	2.5879
2015	2.2723
2014	2.2471

About Government expenditure on education, total (% of GDP)

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.

Indicator code: SE.XPD.TOTL.GD.ZS • Category: Education

Frequently asked questions

What was Bahamas, The's Government expenditure on education, total (% of GDP) in 2023?: In 2023, Bahamas, The's Government expenditure on education, total (% of GDP) was 2.74, according to World Bank Open Data.
Is Bahamas, The's Government expenditure on education, total (% of GDP) rising or falling?: Bahamas, The's Government expenditure on education, total (% of GDP) rose 4.5% from 2022 to 2023.
How does Bahamas, The's Government expenditure on education, total (% of GDP) compare to the world average?: The global average for Government expenditure on education, total (% of GDP) in 2023 was 4.24, so Bahamas, The is below the world average.
What is Government expenditure on education, total (% of GDP) and how is it measured?: General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.

Download this data: CSV JSON

Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS), CC BY 4.0.