Barbados Education Spending 1999-2024

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
  • Barbados education spending for 2023 was 13.60%, a 0.87% increase from 2022.
  • Barbados education spending for 2022 was 12.73%, a 2.11% decline from 2021.
  • Barbados education spending for 2021 was 14.84%, a 1.3% decline from 2020.
  • Barbados education spending for 2020 was 16.14%, a 2.28% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Education Spending (% of GDP)
Uruguay 15.43%
Turks and Caicos Islands 14.26%
Barbados 13.60%
Bermuda 12.18%
Panama 11.92%
Bahamas 11.59%
British Virgin Islands 11.09%
Antigua and Barbuda 9.80%
Gibraltar 8.83%
Trinidad and Tobago 7.92%
Barbados Education Spending - Historical Data
Year Education Spending (% of GDP) Annual Change
2023 13.60% 0.87%
2022 12.73% -2.11%
2021 14.84% -1.30%
2020 16.14% 2.28%
2019 13.86% -2.50%
2018 16.36% 3.48%
2017 12.88% -0.48%
2016 13.36% -4.45%
2015 17.81% 0.36%
2014 17.45% 2.61%
2013 14.84% -1.86%
2012 16.70% -1.39%
2010 18.10% 2.00%
2009 16.10% 0.39%
2008 15.71% -1.51%
2007 17.22% -1.02%
2005 18.24% -0.38%
2004 18.62% 0.03%
2003 18.58% -6.14%
2002 24.72% -2.16%
2001 26.89% 4.74%
2000 22.15% 0.98%
1999 21.17% 0.98%