Expenditure on education (public, households, ODA) as a percentage of in Barbados

Barbados: Expenditure on education (public, households, ODA) as a percentage of was 4.6% in 2023. ▼ Falling

Latest (2023)
4.6%
Change on year
down 4.0%
World rank
56th
of 70 countries
All-time high
7.6%
in 2014
All-time low
4.6%
in 2023
Years of data
9
2012–2023

Expenditure on education (public, households, ODA) as a percentage of in Barbados, 2012–2023

024682012201720232012: 6.52014: 7.62016: 5.72017: 5.62019: 5.52020: 6.92021: 6.12022: 4.82023: 4.6

Source: UNESCO Institute for Statistics.

Analysis

In 2023, expenditure on education (public, households, oda) as a percentage of in Barbados stood at 4.6%. That is the lowest value across all 9 years on record.

That represents a change of down 4.0% on the previous year and down 28.7% over ten years.

Over the whole period, expenditure on education (public, households, oda) as a percentage of in Barbados peaked at 7.6% in 2014 and was at its lowest, 4.6%, in 2023.

That places Barbados 56th out of 70 countries with data for 2023, putting it in the bottom quarter.

Expenditure on education (public, households, ODA) as a percentage of in Barbados, year by year

Annual values for Expenditure on education (public, households, ODA) as a percentage of GDP in Barbados, 2012 to 2023.
Year Value Change
2012 6.5%
2014 7.6% +16.4%
2016 5.7% -23.9%
2017 5.6% -2.1%
2019 5.5% -2.6%
2020 6.9% +25.8%
2021 6.1% -11.0%
2022 4.8% -21.6%
2023 4.6% -4.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.2% 5.5% 7.6% 5
2020s 5.6% 4.6% 6.9% 4

Countries ranked near Barbados

  1. 53 Canada 5.0% compare
  2. 54 Italy 4.8% compare
  3. 55 Türkiye 4.7% compare
  4. 57 Lithuania 4.5% compare
  5. 58 Japan 4.3% compare
  6. 59 Azerbaijan 4.2% compare

See the full ranking of 70 places →

More education data for Barbados

All data for Barbados →

Frequently asked questions

What is expenditure on education (public, households, oda) as a percentage of in Barbados?
Expenditure on education (public, households, oda) as a percentage of in Barbados was 4.6% in 2023, according to UNESCO Institute for Statistics.
What is the highest expenditure on education (public, households, oda) as a percentage of recorded in Barbados?
The highest recorded value was 7.6% in 2014.
What is the lowest expenditure on education (public, households, oda) as a percentage of recorded in Barbados?
The lowest recorded value was 4.6% in 2023.
How does Barbados rank for expenditure on education (public, households, oda) as a percentage of?
Barbados ranks 56th out of 70 countries with data for 2023.
Is expenditure on education (public, households, oda) as a percentage of rising or falling in Barbados?
Over the last ten years it is down 28.7%. The long-run trend across the full record is falling.
Where does this Barbados data come from?
The figures come from UNESCO Institute for Statistics, published as part of Expenditure on education (public, households, ODA) as a percentage of GDP. Statizoid updates them automatically from the source API.

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Expenditure on education (public, households, ODA) as a percentage of in Barbados. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 September 2026, from https://education.statizoid.com/stat/expenditure-on-education-public-households-oda-as-a-percentage-of-gdp/barbados/

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About this data

Indicator
Expenditure on education (public, households, ODA) as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
70 places, 706 data points, 2000–2023
Last refreshed

February 2026 Data Release