Government expenditure on tertiary education, constant US$ in Barbados

Barbados: Government expenditure on tertiary education, constant US$ was 74.02 millions in 2023. ▲ Rising

Latest (2023)
74.02 millions
Change on year
up 1.5%
World rank
121st
of 159 countries
All-time high
131.13 millions
in 2014
All-time low
30.54 millions
in 1971
Years of data
28
1971–2023

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

2550751001251971199720231971: 30.5 millions1972: 34.2 millions1973: 34.7 millions1974: 38.7 millions1976: 44.9 millions1977: 58 millions1991: 69.3 millions1999: 78.9 millions2000: 73.5 millions2001: 104.3 millions2002: 101.9 millions2003: 104.3 millions2004: 113.1 millions2005: 108.2 millions2007: 105 millions2008: 100.7 millions2009: 104.6 millions2010: 128 millions2012: 87.5 millions2013: 104.9 millions2014: 131.1 millions2016: 82.8 millions2017: 71.1 millions2019: 67.2 millions2020: 82.8 millions2021: 84.8 millions2022: 72.9 millions2023: 74 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant us$ in Barbados is 74.02 millions, measured in 2023.

That represents a change of up 1.5% on the previous year and down 29.4% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Barbados peaked at 131.13 millions in 2014 and was at its lowest, 30.54 millions, in 1971.

Barbados ranks 121st of 159 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 28 years of available data.

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

Annual values for Government expenditure on tertiary education, constant US$ (millions) in Barbados, 1971 to 2023.
Year millions Change
1971 30.54 millions
1972 34.2 millions +12.0%
1973 34.68 millions +1.4%
1974 38.73 millions +11.7%
1976 44.91 millions +16.0%
1977 58.01 millions +29.2%
1991 69.31 millions +19.5%
1999 78.86 millions +13.8%
2000 73.45 millions -6.9%
2001 104.33 millions +42.0%
2002 101.89 millions -2.3%
2003 104.3 millions +2.4%
2004 113.11 millions +8.5%
2005 108.22 millions -4.3%
2007 105.01 millions -3.0%
2008 100.74 millions -4.1%
2009 104.64 millions +3.9%
2010 127.95 millions +22.3%
2012 87.54 millions -31.6%
2013 104.91 millions +19.8%
2014 131.13 millions +25.0%
2016 82.77 millions -36.9%
2017 71.05 millions -14.2%
2019 67.19 millions -5.4%
2020 82.76 millions +23.2%
2021 84.79 millions +2.4%
2022 72.95 millions -14.0%
2023 74.02 millions +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 40.18 millions 30.54 millions 58.01 millions 6
1990s 74.08 millions 69.31 millions 78.86 millions 2
2000s 101.74 millions 73.45 millions 113.11 millions 9
2010s 96.08 millions 67.19 millions 131.13 millions 7
2020s 78.63 millions 72.95 millions 84.79 millions 4

Countries ranked near Barbados

  1. 118 Niger 86.99 millions compare
  2. 119 Zambia 75.9 millions compare
  3. 120 Malawi 75.37 millions compare
  4. 122 Guinea 72.13 millions compare
  5. 123 Georgia 68.22 millions compare
  6. 124 Kyrgyzstan 61.11 millions compare

See the full ranking of 159 places →

More education data for Barbados

All data for Barbados →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Barbados?
Government expenditure on tertiary education, constant us$ in Barbados was 74.02 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Barbados?
The highest recorded value was 131.13 millions in 2014.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Barbados?
The lowest recorded value was 30.54 millions in 1971.
How does Barbados rank for government expenditure on tertiary education, constant us$?
Barbados ranks 121st out of 159 countries with data for 2023.
Is government expenditure on tertiary education, constant us$ rising or falling in Barbados?
Over the last ten years it is down 29.4%. The long-run trend across the full record is rising.
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 US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant US$ 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-us-millions-2/barbados/

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
159 places, 3,551 data points, 1970–2024
Last refreshed

February 2026 Data Release