Government expenditure on tertiary education, PPP$ (millions) (PPP) in Barbados
Barbados: Government expenditure on tertiary education, PPP$ (millions) (PPP) was 66.08 millions in 2023. ▲ Rising
Government expenditure on tertiary education, PPP$ in Barbados, 1991–2023
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
Barbados recorded 66.08 millions for government expenditure on tertiary education, ppp$ in 2023.
That represents a change of up 8.7% on the previous year and down 20.2% over ten years.
Over the whole period, government expenditure on tertiary education, ppp$ in Barbados peaked at 105.24 millions in 2014 and was at its lowest, 37.67 millions, in 1991.
That places Barbados 128th out of 148 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Government expenditure on tertiary education, PPP$ (millions) (PPP) in Barbados, year by year
| Year | millions | Change |
|---|---|---|
| 1991 | 37.67 millions | — |
| 1999 | 50.67 millions | +34.5% |
| 2000 | 47.87 millions | -5.5% |
| 2001 | 69.53 millions | +45.3% |
| 2002 | 69.43 millions | -0.1% |
| 2003 | 72.17 millions | +4.0% |
| 2004 | 79.82 millions | +10.6% |
| 2005 | 78.43 millions | -1.7% |
| 2007 | 80.9 millions | +3.2% |
| 2008 | 79.72 millions | -1.5% |
| 2009 | 84.39 millions | +5.9% |
| 2010 | 103.84 millions | +23.0% |
| 2012 | 73.38 millions | -29.3% |
| 2013 | 82.81 millions | +12.8% |
| 2014 | 105.24 millions | +27.1% |
| 2016 | 66.51 millions | -36.8% |
| 2017 | 56.87 millions | -14.5% |
| 2019 | 56.2 millions | -1.2% |
| 2020 | 69.67 millions | +24.0% |
| 2021 | 71 millions | +1.9% |
| 2022 | 60.79 millions | -14.4% |
| 2023 | 66.08 millions | +8.7% |
Barbados compared with similar countries
- Barbados's 66.08 millions is below the median for high income countries, which is 3,557 millions, 2% of the median. (59 countries reporting)
- Barbados's 66.08 millions is below the median for Latin America & Caribbean, which is 898.99 millions, 7% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.17 millions | 37.67 millions | 50.67 millions | 2 |
| 2000s | 73.58 millions | 47.87 millions | 84.39 millions | 9 |
| 2010s | 77.83 millions | 56.2 millions | 105.24 millions | 7 |
| 2020s | 66.88 millions | 60.79 millions | 71 millions | 4 |
Countries ranked near Barbados
More education data for Barbados
- Gender gap education levels, gaps filled 82.64 (2024)
- Primary enrollment selected countries, gaps filled 82.4 (2024)
- Teachers in secondary education, both sexes (number), gaps filled 1,244 (2024)
- Repeaters in primary education, all grades, both sexes (number), gaps 279 (2024)
- Enrolment in pre-primary education, male (number), gaps filled 2,255 (2024)
- Enrolment in pre-primary education, female (number), gaps filled 2,277 (2024)
- Secondary education, pupils, gaps filled 18,457 (2024)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 16,314 (2024)
- Primary education, pupils, annual growth rate -5.2 % change on previous year (2024)
Frequently asked questions
- What is government expenditure on tertiary education, ppp$ in Barbados?
- Government expenditure on tertiary education, ppp$ in Barbados was 66.08 millions in 2023, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, ppp$ recorded in Barbados?
- The highest recorded value was 105.24 millions in 2014.
- What is the lowest government expenditure on tertiary education, ppp$ recorded in Barbados?
- The lowest recorded value was 37.67 millions in 1991.
- How does Barbados rank for government expenditure on tertiary education, ppp$?
- Barbados ranks 128th out of 148 countries with data for 2023.
- Is government expenditure on tertiary education, ppp$ rising or falling in Barbados?
- Over the last ten years it is down 20.2%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release