Government expenditure on tertiary education, US$ (millions) (US) in Barbados
Barbados: Government expenditure on tertiary education, US$ (millions) (US) was 74.02 millions in 2023. ◆ Volatile
Government expenditure on tertiary education, US$ in Barbados, 1971–2023
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
In 2023, government expenditure on tertiary education, us$ in Barbados stood at 74.02 millions.
The figure is up 2.1% on the previous year and down 15.8% over ten years.
Over the whole period, government expenditure on tertiary education, us$ in Barbados peaked at 112.86 millions in 2014 and was at its lowest, 1.35 millions, in 1971.
Barbados ranks 122nd of 164 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government expenditure on tertiary education, US$ (millions) (US) in Barbados, year by year
| Year | millions | Change |
|---|---|---|
| 1971 | 1.35 millions | — |
| 1972 | 1.63 millions | +21.1% |
| 1973 | 1.87 millions | +14.6% |
| 1974 | 2.51 millions | +34.4% |
| 1976 | 4.81 millions | +91.2% |
| 1977 | 6.45 millions | +34.1% |
| 1991 | 26.47 millions | +310.4% |
| 1999 | 39.27 millions | +48.3% |
| 2000 | 38.2 millions | -2.7% |
| 2001 | 53.84 millions | +40.9% |
| 2002 | 53.77 millions | -0.1% |
| 2003 | 55.54 millions | +3.3% |
| 2004 | 60.91 millions | +9.7% |
| 2005 | 61.67 millions | +1.3% |
| 2007 | 66.44 millions | +7.7% |
| 2008 | 69.23 millions | +4.2% |
| 2009 | 73.21 millions | +5.7% |
| 2010 | 87.88 millions | +20.0% |
| 2012 | 74.08 millions | -15.7% |
| 2013 | 87.88 millions | +18.6% |
| 2014 | 112.86 millions | +28.4% |
| 2016 | 70.8 millions | -37.3% |
| 2017 | 60.19 millions | -15.0% |
| 2019 | 60.75 millions | +0.9% |
| 2020 | 76.44 millions | +25.8% |
| 2021 | 82.31 millions | +7.7% |
| 2022 | 72.46 millions | -12.0% |
| 2023 | 74.02 millions | +2.1% |
Barbados compared with similar countries
- Barbados's 74.02 millions is below the median for high income countries, which is 1,777 millions, 4% of the median. (64 countries reporting)
- Barbados's 74.02 millions is below the median for Latin America & Caribbean, which is 311.38 millions, 24% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Government expenditure on tertiary education, US$ (millions) (US) in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +310.4% | 6.45 millions | 26.47 millions |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.1 millions | 1.35 millions | 6.45 millions | 6 |
| 1990s | 32.87 millions | 26.47 millions | 39.27 millions | 2 |
| 2000s | 59.2 millions | 38.2 millions | 73.21 millions | 9 |
| 2010s | 79.21 millions | 60.19 millions | 112.86 millions | 7 |
| 2020s | 76.31 millions | 72.46 millions | 82.31 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, us$ in Barbados?
- Government expenditure on tertiary education, us$ in Barbados was 74.02 millions in 2023, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, us$ recorded in Barbados?
- The highest recorded value was 112.86 millions in 2014.
- What is the lowest government expenditure on tertiary education, us$ recorded in Barbados?
- The lowest recorded value was 1.35 millions in 1971.
- How does Barbados rank for government expenditure on tertiary education, us$?
- Barbados ranks 122nd out of 164 countries with data for 2023.
- Is government expenditure on tertiary education, us$ rising or falling in Barbados?
- Over the last ten years it is down 15.8%. 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 tertiary education, US$ (millions). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release