Adjusted savings: education expenditure (current US$), per unit of GDP in Bahamas
Bahamas: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0334 current US$ per US$ of GDP in 2021. ▲ Rising
Adjusted savings: education expenditure (current US$), per unit of GDP in Bahamas, 1970–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2021, adjusted savings: education expenditure (current us$), per unit of gdp in Bahamas stood at 0.0334 current US$ per US$ of GDP.
Compared with earlier readings it is down 2.6% on the previous year and down 10.9% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Bahamas peaked at 0.047 current US$ per US$ of GDP in 1996 and was at its lowest, 0.0279 current US$ per US$ of GDP, in 1978.
Bahamas ranks 116th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in Bahamas, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0312 current US$ per US$ of GDP | — |
| 1971 | 0.0312 current US$ per US$ of GDP | +0.2% |
| 1972 | 0.0312 current US$ per US$ of GDP | -0.0% |
| 1973 | 0.0312 current US$ per US$ of GDP | +0.0% |
| 1974 | 0.0346 current US$ per US$ of GDP | +10.7% |
| 1975 | 0.0454 current US$ per US$ of GDP | +31.3% |
| 1976 | 0.0291 current US$ per US$ of GDP | -35.8% |
| 1977 | 0.0291 current US$ per US$ of GDP | +0.1% |
| 1978 | 0.0279 current US$ per US$ of GDP | -4.1% |
| 1979 | 0.0295 current US$ per US$ of GDP | +5.6% |
| 1980 | 0.0304 current US$ per US$ of GDP | +3.1% |
| 1981 | 0.0306 current US$ per US$ of GDP | +0.6% |
| 1982 | 0.0318 current US$ per US$ of GDP | +3.8% |
| 1983 | 0.0323 current US$ per US$ of GDP | +1.6% |
| 1984 | 0.0326 current US$ per US$ of GDP | +1.1% |
| 1985 | 0.0331 current US$ per US$ of GDP | +1.5% |
| 1986 | 0.0336 current US$ per US$ of GDP | +1.5% |
| 1987 | 0.0342 current US$ per US$ of GDP | +1.9% |
| 1988 | 0.0349 current US$ per US$ of GDP | +2.0% |
| 1989 | 0.0359 current US$ per US$ of GDP | +2.9% |
| 1990 | 0.0359 current US$ per US$ of GDP | -0.1% |
| 1991 | 0.0361 current US$ per US$ of GDP | +0.8% |
| 1992 | 0.0373 current US$ per US$ of GDP | +3.3% |
| 1993 | 0.0368 current US$ per US$ of GDP | -1.5% |
| 1994 | 0.0367 current US$ per US$ of GDP | -0.1% |
| 1995 | 0.0434 current US$ per US$ of GDP | +18.2% |
| 1996 | 0.047 current US$ per US$ of GDP | +8.2% |
| 1997 | 0.0374 current US$ per US$ of GDP | -20.3% |
| 1998 | 0.0372 current US$ per US$ of GDP | -0.5% |
| 1999 | 0.0377 current US$ per US$ of GDP | +1.3% |
| 2000 | 0.0377 current US$ per US$ of GDP | -0.1% |
| 2001 | 0.0374 current US$ per US$ of GDP | -0.7% |
| 2002 | 0.0376 current US$ per US$ of GDP | +0.3% |
| 2003 | 0.0377 current US$ per US$ of GDP | +0.4% |
| 2004 | 0.0378 current US$ per US$ of GDP | +0.2% |
| 2005 | 0.0376 current US$ per US$ of GDP | -0.3% |
| 2006 | 0.0375 current US$ per US$ of GDP | -0.3% |
| 2007 | 0.0375 current US$ per US$ of GDP | -0.0% |
| 2008 | 0.0381 current US$ per US$ of GDP | +1.5% |
| 2009 | 0.0378 current US$ per US$ of GDP | -0.8% |
| 2010 | 0.0375 current US$ per US$ of GDP | -0.8% |
| 2011 | 0.0375 current US$ per US$ of GDP | -0.0% |
| 2012 | 0.0374 current US$ per US$ of GDP | -0.2% |
| 2013 | 0.0375 current US$ per US$ of GDP | +0.2% |
| 2014 | 0.037 current US$ per US$ of GDP | -1.3% |
| 2015 | 0.0371 current US$ per US$ of GDP | +0.4% |
| 2016 | 0.0368 current US$ per US$ of GDP | -0.9% |
| 2017 | 0.037 current US$ per US$ of GDP | +0.5% |
| 2018 | 0.0359 current US$ per US$ of GDP | -3.0% |
| 2019 | 0.0364 current US$ per US$ of GDP | +1.4% |
| 2020 | 0.0343 current US$ per US$ of GDP | -5.8% |
| 2021 | 0.0334 current US$ per US$ of GDP | -2.6% |
Bahamas compared with similar countries
- Bahamas's 0.0334 current US$ per US$ of GDP is below the median for high income countries, which is 0.0408 current US$ per US$ of GDP, 82% of the median. (68 countries reporting)
- Bahamas's 0.0334 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0403 current US$ per US$ of GDP, 83% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure (current US$), per unit of GDP in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | -35.8% | 0.0454 current US$ per US$ of GDP | 0.0291 current US$ per US$ of GDP |
| 1975 | +31.3% | 0.0346 current US$ per US$ of GDP | 0.0454 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.032 current US$ per US$ of GDP | 0.0279 current US$ per US$ of GDP | 0.0454 current US$ per US$ of GDP | 10 |
| 1980s | 0.0329 current US$ per US$ of GDP | 0.0304 current US$ per US$ of GDP | 0.0359 current US$ per US$ of GDP | 10 |
| 1990s | 0.0386 current US$ per US$ of GDP | 0.0359 current US$ per US$ of GDP | 0.047 current US$ per US$ of GDP | 10 |
| 2000s | 0.0377 current US$ per US$ of GDP | 0.0374 current US$ per US$ of GDP | 0.0381 current US$ per US$ of GDP | 10 |
| 2010s | 0.037 current US$ per US$ of GDP | 0.0359 current US$ per US$ of GDP | 0.0375 current US$ per US$ of GDP | 10 |
| 2020s | 0.0338 current US$ per US$ of GDP | 0.0334 current US$ per US$ of GDP | 0.0343 current US$ per US$ of GDP | 2 |
Countries ranked near Bahamas
- 113 Turkmenistan 0.034 current US$ per US$ of GDP compare
- 114 Serbia 0.0339 current US$ per US$ of GDP compare
- 115 Luxembourg 0.0339 current US$ per US$ of GDP compare
- 117 Romania 0.0334 current US$ per US$ of GDP compare
- 118 Niger 0.0333 current US$ per US$ of GDP compare
- 119 Zambia 0.0326 current US$ per US$ of GDP compare
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Bahamas?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Bahamas was 0.0334 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Bahamas?
- The highest recorded value was 0.047 current US$ per US$ of GDP in 1996.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Bahamas?
- The lowest recorded value was 0.0279 current US$ per US$ of GDP in 1978.
- How does Bahamas rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Bahamas ranks 116th out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Bahamas?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.