Initial private expenditure on education (household) as a percentage in Barbados

Barbados: Initial private expenditure on education (household) as a percentage was 1.0% in 2024. ▲ Rising

Latest (2024)
1.0%
Change on year
up 8.5%
World rank
34th
of 87 countries
All-time high
1.8%
in 2020
All-time low
0.4%
in 2001
Years of data
19
2000–2024

Initial private expenditure on education (household) as a percentage in Barbados, 2000–2024

0.511.522000201220242000: 0.52 %2001: 0.398 %2002: 1.3 %2003: 1.3 %2004: 1.2 %2005: 1 %2007: 0.826 %2008: 0.691 %2009: 0.662 %2012: 1.2 %2014: 1.5 %2016: 1.1 %2017: 1.3 %2019: 1.5 %2020: 1.8 %2021: 1.4 %2022: 1.2 %2023: 0.948 %2024: 1 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

Barbados recorded 1.0% for initial private expenditure on education (household) as a percentage in 2024.

That represents a change of up 8.5% on the previous year and down 29.2% over ten years.

Over the whole period, initial private expenditure on education (household) as a percentage in Barbados peaked at 1.8% in 2020 and was at its lowest, 0.4%, in 2001.

Barbados ranks 34th of 87 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Initial private expenditure on education (household) as a percentage in Barbados, year by year

Annual values for Initial private expenditure on education (household) as a percentage of GDP (%) in Barbados, 2000 to 2024.
Year % Change
2000 0.5%
2001 0.4% -23.3%
2002 1.3% +219.3%
2003 1.3% +0.0%
2004 1.2% -6.8%
2005 1.0% -13.0%
2007 0.8% -19.9%
2008 0.7% -16.4%
2009 0.7% -4.1%
2012 1.2% +78.5%
2014 1.5% +22.9%
2016 1.1% -26.1%
2017 1.3% +23.1%
2019 1.5% +13.8%
2020 1.8% +21.5%
2021 1.4% -24.7%
2022 1.2% -13.4%
2023 0.9% -20.5%
2024 1.0% +8.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9% 0.4% 1.3% 9
2010s 1.3% 1.1% 1.5% 5
2020s 1.3% 0.9% 1.8% 5

Countries ranked near Barbados

  1. 31 Morocco 1.1% compare
  2. 32 Japan 1.0% compare
  3. 33 Bahrain 1.0% compare
  4. 35 Portugal 0.9% compare
  5. 36 Argentina 0.9% compare
  6. 37 Spain 0.9% compare

See the full ranking of 87 places →

More education data for Barbados

All data for Barbados →

Frequently asked questions

What is initial private expenditure on education (household) as a percentage in Barbados?
Initial private expenditure on education (household) as a percentage in Barbados was 1.0% in 2024, according to UNESCO Institute for Statistics.
What is the highest initial private expenditure on education (household) as a percentage recorded in Barbados?
The highest recorded value was 1.8% in 2020.
What is the lowest initial private expenditure on education (household) as a percentage recorded in Barbados?
The lowest recorded value was 0.4% in 2001.
How does Barbados rank for initial private expenditure on education (household) as a percentage?
Barbados ranks 34th out of 87 countries with data for 2024.
Is initial private expenditure on education (household) as a percentage rising or falling in Barbados?
Over the last ten years it is down 29.2%. 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 Initial private expenditure on education (household) as a percentage of GDP (%). Statizoid updates them automatically from the source API.

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Initial private expenditure on education (household) as a percentage in Barbados. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 10 September 2026, from https://education.statizoid.com/stat/initial-private-expenditure-on-education-household-as-a-percentage-of-gdp-percent/barbados/

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About this data

Indicator
Initial private expenditure on education (household) as a percentage of GDP (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
87 places, 1,097 data points, 1998–2024
Last refreshed

February 2026 Data Release