Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Barbados

Education expenditure (% of GDP) in Barbados in 2024 — 3.56%. Ranked 30 in the world out of 40. Since 1971, the indicator has fallen by 2.59 pp.

2024 3.56% −0.22 pp vs 2023
World rank 30of 40
Period maximum 7.52%1974
Period minimum 3.56%2024

Trend over time

1971–2024 · % of GDP

Education expenditure (% of GDP) — Barbados, 1971–202434567819711977198319891995200120072013201920241971: 6.15%1972: 6.79%1973: 6.72%1974: 7.52%1976: 5.94%1977: 6.52%1991: 6.64%1999: 4.34%2000: 4.72%2001: 6.06%2002: 5.88%2003: 6.25%2004: 6.02%2005: 5.67%2007: 5.22%2008: 4.92%2009: 5.11%2010: 6.05%2012: 4.59%2013: 4.5%2014: 5.36%2015: 5.16%2016: 4.2%2017: 3.96%2018: 5.4%2019: 3.72%2020: 3.87%2021: 4.5%2022: 4.14%2023: 3.78%2024: 3.56%
Change over the period: −2.59 pp Annual average: -0.05 pp
Education expenditure (% of GDP) — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2024 3.56 −0.22 pp
2023 3.78 −0.36 pp
2022 4.14 −0.36 pp
2021 4.5 +0.63 pp
2020 3.87 +0.14 pp
2019 3.72 −1.68 pp
2018 5.4 +1.45 pp
2017 3.96 −0.24 pp
2016 4.2 −0.96 pp
2015 5.16 −0.2 pp
2014 5.36 +0.86 pp
2013 4.5 −0.09 pp
2012 4.59
2010 6.05 +0.94 pp
2009 5.11 +0.19 pp
2008 4.92 −0.3 pp
2007 5.22
2005 5.67 −0.35 pp
2004 6.02 −0.22 pp
2003 6.25 +0.37 pp
2002 5.88 −0.17 pp
2001 6.06 +1.34 pp
2000 4.72 +0.37 pp
1999 4.34
1991 6.64
1977 6.52 +0.57 pp
1976 5.94
1974 7.52 +0.8 pp
1973 6.72 −0.07 pp
1972 6.79 +0.64 pp
1971 6.15

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Total government expenditure on education (current, capital and transfers) as a percentage of GDP, covering all levels from preprimary to tertiary. The international benchmark of the Incheon Declaration is 4–6% of GDP. The indicator leaves out private spending by households, which in some countries is comparable to public spending.

Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.