Government expenditure on tertiary education, constant PPP$ in Barbados

Barbados: Government expenditure on tertiary education, constant PPP$ was 66.08 millions in 2023. ▼ Falling

Latest (2023)
66.08 millions
Change on year
up 1.5%
World rank
129th
of 146 countries
All-time high
117.07 millions
in 2014
All-time low
59.99 millions
in 2019
Years of data
22
1991–2023

Government expenditure on tertiary education, constant PPP$ in Barbados, 1991–2023

02550751001251991200720231991: 61.9 millions1999: 70.4 millions2000: 65.6 millions2001: 93.1 millions2002: 91 millions2003: 93.1 millions2004: 101 millions2005: 96.6 millions2007: 93.7 millions2008: 89.9 millions2009: 93.4 millions2010: 114.2 millions2012: 78.1 millions2013: 93.7 millions2014: 117.1 millions2016: 73.9 millions2017: 63.4 millions2019: 60 millions2020: 73.9 millions2021: 75.7 millions2022: 65.1 millions2023: 66.1 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant ppp$ in Barbados is 66.08 millions, measured in 2023.

Compared with earlier readings it is up 1.5% on the previous year and down 29.4% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Barbados peaked at 117.07 millions in 2014 and was at its lowest, 59.99 millions, in 2019.

That places Barbados 129th out of 146 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Government expenditure on tertiary education, constant PPP$ in Barbados, year by year

Annual values for Government expenditure on tertiary education, constant PPP$ (millions) in Barbados, 1991 to 2023.
Year millions Change
1991 61.87 millions
1999 70.4 millions +13.8%
2000 65.57 millions -6.9%
2001 93.14 millions +42.0%
2002 90.96 millions -2.3%
2003 93.11 millions +2.4%
2004 100.98 millions +8.5%
2005 96.61 millions -4.3%
2007 93.74 millions -3.0%
2008 89.94 millions -4.1%
2009 93.41 millions +3.9%
2010 114.23 millions +22.3%
2012 78.15 millions -31.6%
2013 93.66 millions +19.8%
2014 117.07 millions +25.0%
2016 73.89 millions -36.9%
2017 63.43 millions -14.2%
2019 59.99 millions -5.4%
2020 73.88 millions +23.2%
2021 75.69 millions +2.4%
2022 65.12 millions -14.0%
2023 66.08 millions +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 66.14 millions 61.87 millions 70.4 millions 2
2000s 90.83 millions 65.57 millions 100.98 millions 9
2010s 85.77 millions 59.99 millions 117.07 millions 7
2020s 70.2 millions 65.12 millions 75.69 millions 4

Countries ranked near Barbados

  1. 126 Mongolia 87.45 millions compare
  2. 127 Maldives 79.78 millions compare
  3. 128 Cambodia 71.55 millions compare
  4. 130 Bhutan 50.36 millions compare
  5. 131 Aruba 43.9 millions compare
  6. 132 Lesotho 36.47 millions compare

See the full ranking of 146 places →

More education data for Barbados

All data for Barbados →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Barbados?
Government expenditure on tertiary education, constant ppp$ in Barbados was 66.08 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Barbados?
The highest recorded value was 117.07 millions in 2014.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Barbados?
The lowest recorded value was 59.99 millions in 2019.
How does Barbados rank for government expenditure on tertiary education, constant ppp$?
Barbados ranks 129th out of 146 countries with data for 2023.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Barbados?
Over the last ten years it is down 29.4%. 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 Government expenditure on tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant PPP$ in Barbados. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-ppp-millions-2/barbados/

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
146 places, 2,483 data points, 1984–2024
Last refreshed

February 2026 Data Release