Government expenditure on tertiary education, constant PPP$ in Barbados

Barbados: Government expenditure on tertiary education, constant PPP$ was 56.81 millions in 2017. ▲ Rising

Latest (2017)
56.81 millions
Change on year
down 17.0%
World rank
128th
of 144 countries
All-time high
104.91 millions
in 2014
All-time low
48.66 millions
in 1991
Years of data
17
1991–2017

Government expenditure on tertiary education, constant PPP$ in Barbados, 1991–2017

02550751001991200420171991: 48.7 millions1999: 55.4 millions2000: 51.6 millions2001: 73.2 millions2002: 71.5 millions2003: 73.2 millions2004: 79.4 millions2005: 76 millions2007: 73.6 millions2008: 70.7 millions2009: 73.6 millions2010: 89.8 millions2012: 70.5 millions2013: 84.1 millions2014: 104.9 millions2016: 68.5 millions2017: 56.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Barbados recorded 56.81 millions for government expenditure on tertiary education, constant ppp$ in 2017.

The figure is down 17.0% on the previous year and down 22.8% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Barbados peaked at 104.91 millions in 2014 and was at its lowest, 48.66 millions, in 1991.

Barbados ranks 128th of 144 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 52.01 millions 48.66 millions 55.36 millions 2
2000s 71.43 millions 51.57 millions 79.41 millions 9
2010s 79.09 millions 56.81 millions 104.91 millions 6

Countries ranked near Barbados

  1. 125 South Sudan 60.57 millions compare
  2. 126 Cambodia 59.99 millions compare
  3. 127 Kyrgyzstan 57.14 millions compare
  4. 129 Chad 56.52 millions compare
  5. 130 Aruba 40.35 millions compare
  6. 131 Bhutan 39.43 millions compare

See the full ranking of 144 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Barbados?
Government expenditure on tertiary education, constant ppp$ in Barbados was 56.81 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Barbados?
The highest recorded value was 104.91 millions in 2014.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Barbados?
The lowest recorded value was 48.66 millions in 1991.
How does Barbados rank for government expenditure on tertiary education, constant ppp$?
Barbados ranks 128th out of 144 countries with data for 2017.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Barbados?
Over the last ten years it is down 22.8%. 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, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 2,101 data points, 1984–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), in millions PPP$ (at purchasing power parity) in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to PPP$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant PPP$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/