Adjusted savings: education expenditure in Bermuda
Bermuda: Adjusted savings: education expenditure was 1.4% in 2021. ▼ Falling
Adjusted savings: education expenditure in Bermuda, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: education expenditure in Bermuda is 1.4%, measured in 2021. That is the lowest value across all 52 years on record.
The figure is down 27.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Bermuda peaked at 3.3% in 1993 and was at its lowest, 1.4%, in 2015.
Bermuda ranks 191st of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Adjusted savings: education expenditure in Bermuda, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.0% | — |
| 1971 | 3.0% | +0.0% |
| 1972 | 3.0% | +0.0% |
| 1973 | 3.0% | +0.0% |
| 1974 | 2.8% | -6.7% |
| 1975 | 2.8% | +0.0% |
| 1976 | 2.8% | -1.8% |
| 1977 | 2.7% | -1.8% |
| 1978 | 2.6% | -1.9% |
| 1979 | 2.6% | -1.9% |
| 1980 | 2.7% | +2.9% |
| 1981 | 2.8% | +2.8% |
| 1982 | 2.8% | +2.7% |
| 1983 | 2.9% | +2.7% |
| 1984 | 3.0% | +2.6% |
| 1985 | 2.7% | -9.3% |
| 1986 | 2.9% | +8.7% |
| 1987 | 2.9% | +0.0% |
| 1988 | 2.9% | +0.0% |
| 1989 | 2.9% | -1.4% |
| 1990 | 2.6% | -10.1% |
| 1991 | 2.9% | +11.5% |
| 1992 | 3.1% | +6.9% |
| 1993 | 3.3% | +5.1% |
| 1994 | 3.3% | +0.0% |
| 1995 | 3.3% | +0.0% |
| 1996 | 3.3% | +0.0% |
| 1997 | 3.3% | +0.0% |
| 1998 | 3.3% | +0.0% |
| 1999 | 3.1% | -3.8% |
| 2000 | 3.0% | -3.9% |
| 2001 | 2.9% | -4.1% |
| 2002 | 2.8% | -4.2% |
| 2003 | 2.6% | -4.4% |
| 2004 | 2.5% | -4.6% |
| 2005 | 2.4% | -4.9% |
| 2006 | 2.3% | -5.1% |
| 2007 | 2.2% | -5.4% |
| 2008 | 2.0% | -5.7% |
| 2009 | 1.9% | -6.0% |
| 2010 | 2.1% | +9.9% |
| 2011 | 2.0% | -6.4% |
| 2012 | 1.8% | -6.8% |
| 2013 | 1.7% | -7.3% |
| 2014 | 1.6% | -7.9% |
| 2015 | 1.4% | -8.6% |
| 2016 | 1.4% | +0.0% |
| 2017 | 1.4% | +0.0% |
| 2018 | 1.4% | +0.0% |
| 2019 | 1.4% | +0.0% |
| 2020 | 1.4% | +0.0% |
| 2021 | 1.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.8% | 2.6% | 3.0% | 10 |
| 1980s | 2.9% | 2.7% | 3.0% | 10 |
| 1990s | 3.1% | 2.6% | 3.3% | 10 |
| 2000s | 2.5% | 1.9% | 3.0% | 10 |
| 2010s | 1.6% | 1.4% | 2.1% | 10 |
| 2020s | 1.4% | 1.4% | 1.4% | 2 |
Countries ranked near Bermuda
- 188 Sri Lanka 1.6% compare
- 189 Saint Kitts and Nevis 1.6% compare
- 190 Haiti 1.5% compare
- 192 Bangladesh 1.3% compare
- 193 Guinea-Bissau 1.2% compare
- 194 Central African Republic 1.1% compare
More economy & growth data for Bermuda
- Industry (including construction), value added (current LCU), annual 13.18 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), annual 4.66 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 6,143 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant 2015 US$) 0.0432 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 4.66 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 6,965 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.049 current LCU per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 454.57 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 427.72 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 13.18 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Bermuda?
- Adjusted savings: education expenditure in Bermuda was 1.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Bermuda?
- The highest recorded value was 3.3% in 1993.
- What is the lowest adjusted savings: education expenditure recorded in Bermuda?
- The lowest recorded value was 1.4% in 2015.
- How does Bermuda rank for adjusted savings: education expenditure?
- Bermuda ranks 191st out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Bermuda?
- Over the last ten years it is down 27.3%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.