Government expenditure on education, US$ in Barbados

Barbados: Government expenditure on education, US$ was 236.24 millions in 2023. ◆ Volatile

Latest (2023)
236.24 millions
Change on year
up 8.2%
World rank
143rd
of 181 countries
All-time high
287.33 millions
in 2014
All-time low
10.22 millions
in 1971
Years of data
28
1971–2023

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

01002003001971199720231971: 10.2 millions1972: 12.7 millions1973: 14.4 millions1974: 19.6 millions1976: 23.9 millions1977: 28.4 millions1991: 133.6 millions1999: 122.3 millions2000: 139.2 millions2001: 185.3 millions2002: 179.6 millions2003: 194 millions2004: 193.3 millions2005: 195.3 millions2007: 220.2 millions2008: 230.1 millions2009: 244.8 millions2010: 270.4 millions2012: 245.1 millions2013: 237.4 millions2014: 287.3 millions2016: 221.9 millions2017: 210.9 millions2019: 209.6 millions2020: 223.7 millions2021: 232.5 millions2022: 218.4 millions2023: 236.2 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2023, government expenditure on education, us$ in Barbados stood at 236.24 millions.

The figure is up 8.2% on the previous year and down 0.5% over ten years.

Over the whole period, government expenditure on education, us$ in Barbados peaked at 287.33 millions in 2014 and was at its lowest, 10.22 millions, in 1971.

Barbados ranks 143rd of 181 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Government expenditure on education, US$ (millions) in Barbados, 1971 to 2023.
Year millions Change
1971 10.22 millions
1972 12.69 millions +24.1%
1973 14.37 millions +13.2%
1974 19.62 millions +36.6%
1976 23.91 millions +21.9%
1977 28.41 millions +18.8%
1991 133.58 millions +370.2%
1999 122.3 millions -8.4%
2000 139.2 millions +13.8%
2001 185.26 millions +33.1%
2002 179.62 millions -3.0%
2003 194.02 millions +8.0%
2004 193.35 millions -0.3%
2005 195.29 millions +1.0%
2007 220.17 millions +12.7%
2008 230.08 millions +4.5%
2009 244.81 millions +6.4%
2010 270.36 millions +10.4%
2012 245.11 millions -9.3%
2013 237.37 millions -3.2%
2014 287.33 millions +21.0%
2016 221.95 millions -22.8%
2017 210.9 millions -5.0%
2019 209.56 millions -0.6%
2020 223.74 millions +6.8%
2021 232.47 millions +3.9%
2022 218.4 millions -6.1%
2023 236.24 millions +8.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 18.2 millions 10.22 millions 28.41 millions 6
1990s 127.94 millions 122.3 millions 133.58 millions 2
2000s 197.98 millions 139.2 millions 244.81 millions 9
2010s 240.37 millions 209.56 millions 287.33 millions 7
2020s 227.71 millions 218.4 millions 236.24 millions 4

Countries ranked near Barbados

  1. 140 Malawi 297.19 millions compare
  2. 141 Togo 287.61 millions compare
  3. 142 Haiti 268.56 millions compare
  4. 144 Guyana 213.08 millions compare
  5. 145 Bhutan 169.41 millions compare
  6. 146 Lesotho 168.01 millions compare

See the full ranking of 181 places →

More education data for Barbados

All data for Barbados →

Frequently asked questions

What is government expenditure on education, us$ in Barbados?
Government expenditure on education, us$ in Barbados was 236.24 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, us$ recorded in Barbados?
The highest recorded value was 287.33 millions in 2014.
What is the lowest government expenditure on education, us$ recorded in Barbados?
The lowest recorded value was 10.22 millions in 1971.
How does Barbados rank for government expenditure on education, us$?
Barbados ranks 143rd out of 181 countries with data for 2023.
Is government expenditure on education, us$ rising or falling in Barbados?
Over the last ten years it is down 0.5%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on education, US$ in Barbados. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 23 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-us-millions-2/barbados/

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About this data

Indicator
Government expenditure on education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
181 places, 4,294 data points, 1970–2025
Last refreshed

February 2026 Data Release