Government expenditure on tertiary education, constant US$ in Barbados

Barbados: Government expenditure on tertiary education, constant US$ was 60.19 millions in 2017. ▲ Rising

Latest (2017)
60.19 millions
Change on year
down 17.0%
World rank
115th
of 153 countries
All-time high
111.15 millions
in 2014
All-time low
33.4 millions
in 1976
Years of data
19
1976–2017

Government expenditure on tertiary education, constant US$ in Barbados, 1976–2017

4060801001201976199620171976: 33.4 millions1977: 43.1 millions1991: 51.6 millions1999: 58.7 millions2000: 54.6 millions2001: 77.6 millions2002: 75.8 millions2003: 77.6 millions2004: 84.1 millions2005: 80.5 millions2007: 78 millions2008: 74.9 millions2009: 77.9 millions2010: 95.2 millions2012: 74.6 millions2013: 89.1 millions2014: 111.1 millions2016: 72.5 millions2017: 60.2 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Barbados recorded 60.19 millions for government expenditure on tertiary education, constant us$ 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 us$ in Barbados peaked at 111.15 millions in 2014 and was at its lowest, 33.4 millions, in 1976.

That places Barbados 115th out of 153 countries with data for 2017, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 38.28 millions 33.4 millions 43.15 millions 2
1990s 55.1 millions 51.55 millions 58.65 millions 2
2000s 75.68 millions 54.63 millions 84.13 millions 9
2010s 83.79 millions 60.19 millions 111.15 millions 6

Countries ranked near Barbados

  1. 112 Niger 67.04 millions compare
  2. 113 Moldova 65.29 millions compare
  3. 114 Congo 60.92 millions compare
  4. 116 Malawi 58.17 millions compare
  5. 117 Laos 55.73 millions compare
  6. 118 Rwanda 55.34 millions compare

See the full ranking of 153 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Barbados?
Government expenditure on tertiary education, constant us$ in Barbados was 60.19 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Barbados?
The highest recorded value was 111.15 millions in 2014.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Barbados?
The lowest recorded value was 33.4 millions in 1976.
How does Barbados rank for government expenditure on tertiary education, constant us$?
Barbados ranks 115th out of 153 countries with data for 2017.
Is government expenditure on tertiary education, constant us$ 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 US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,093 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers) in millions US$ 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 US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ 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/