Government expenditure on education, constant US$ in Barbados

Barbados: Government expenditure on education, constant US$ was 236.24 millions in 2023. ▬ Flat

Latest (2023)
236.24 millions
Change on year
up 7.5%
World rank
142nd
of 174 countries
All-time high
393.64 millions
in 2010
All-time low
219.85 millions
in 2022
Years of data
28
1971–2023

Government expenditure on education, constant US$ in Barbados, 1971–2023

01002003004001971199720231971: 231.6 millions1972: 265.7 millions1973: 266.4 millions1974: 302.1 millions1976: 223.3 millions1977: 255.5 millions1991: 349.7 millions1999: 245.6 millions2000: 267.7 millions2001: 359 millions2002: 340.4 millions2003: 364.4 millions2004: 359.1 millions2005: 342.7 millions2007: 348 millions2008: 334.8 millions2009: 349.9 millions2010: 393.6 millions2012: 289.6 millions2013: 283.4 millions2014: 333.9 millions2016: 259.5 millions2017: 249 millions2019: 231.8 millions2020: 242.3 millions2021: 239.5 millions2022: 219.8 millions2023: 236.2 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on education, constant us$ in Barbados is 236.24 millions, measured in 2023.

Compared with earlier readings it is up 7.5% on the previous year and down 16.6% over ten years.

Over the whole period, government expenditure on education, constant us$ in Barbados peaked at 393.64 millions in 2010 and was at its lowest, 219.85 millions, in 2022.

Barbados ranks 142nd of 174 countries on this measure, in the bottom quarter.

Government expenditure on education, constant US$ in Barbados, year by year

Annual values for Government expenditure on education, constant US$ (millions) in Barbados, 1971 to 2023.
Year millions Change
1971 231.59 millions
1972 265.7 millions +14.7%
1973 266.38 millions +0.3%
1974 302.13 millions +13.4%
1976 223.3 millions -26.1%
1977 255.47 millions +14.4%
1991 349.73 millions +36.9%
1999 245.59 millions -29.8%
2000 267.68 millions +9.0%
2001 358.99 millions +34.1%
2002 340.39 millions -5.2%
2003 364.37 millions +7.0%
2004 359.09 millions -1.4%
2005 342.73 millions -4.6%
2007 347.98 millions +1.5%
2008 334.81 millions -3.8%
2009 349.92 millions +4.5%
2010 393.64 millions +12.5%
2012 289.65 millions -26.4%
2013 283.38 millions -2.2%
2014 333.87 millions +17.8%
2016 259.47 millions -22.3%
2017 248.95 millions -4.1%
2019 231.78 millions -6.9%
2020 242.25 millions +4.5%
2021 239.47 millions -1.2%
2022 219.85 millions -8.2%
2023 236.24 millions +7.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 257.43 millions 223.3 millions 302.13 millions 6
1990s 297.66 millions 245.59 millions 349.73 millions 2
2000s 340.66 millions 267.68 millions 364.37 millions 9
2010s 291.53 millions 231.78 millions 393.64 millions 7
2020s 234.45 millions 219.85 millions 242.25 millions 4

Countries ranked near Barbados

  1. 139 Togo 293.99 millions compare
  2. 140 North Macedonia 291.37 millions compare
  3. 141 Eswatini 290.61 millions compare
  4. 143 Guyana 189.86 millions compare
  5. 144 Lesotho 183.65 millions compare
  6. 145 Aruba 180.4 millions compare

See the full ranking of 174 places →

More education data for Barbados

All data for Barbados →

Frequently asked questions

What is government expenditure on education, constant us$ in Barbados?
Government expenditure on education, constant us$ in Barbados was 236.24 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant us$ recorded in Barbados?
The highest recorded value was 393.64 millions in 2010.
What is the lowest government expenditure on education, constant us$ recorded in Barbados?
The lowest recorded value was 219.85 millions in 2022.
How does Barbados rank for government expenditure on education, constant us$?
Barbados ranks 142nd out of 174 countries with data for 2023.
Is government expenditure on education, constant us$ rising or falling in Barbados?
Over the last ten years it is down 16.6%. The long-run trend across the full record is flat.
Where does this Barbados data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on education, constant US$ in Barbados. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 24 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-constant-us-millions-2/barbados/

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About this data

Indicator
Government expenditure on education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
174 places, 4,161 data points, 1970–2025
Last refreshed

February 2026 Data Release