Government expenditure on tertiary education, US$ in Barbados

Barbados: Government expenditure on tertiary education, US$ was 60.19 millions in 2017. ◆ Volatile

Latest (2017)
60.19 millions
Change on year
down 17.1%
World rank
119th
of 158 countries
All-time high
112.86 millions
in 2014
All-time low
1.35 millions
in 1971
Years of data
23
1971–2017

Government expenditure on tertiary education, US$ in Barbados, 1971–2017

02550751001251971199420171971: 1.3 millions1972: 1.6 millions1973: 1.9 millions1974: 2.5 millions1976: 4.8 millions1977: 6.5 millions1991: 26.5 millions1999: 39.3 millions2000: 38.2 millions2001: 53.8 millions2002: 53.8 millions2003: 55.5 millions2004: 60.9 millions2005: 61.7 millions2007: 66.4 millions2008: 69.2 millions2009: 73.2 millions2010: 87.9 millions2012: 74.1 millions2013: 87.9 millions2014: 112.9 millions2016: 72.6 millions2017: 60.2 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, us$ in Barbados is 60.19 millions, measured in 2017.

The figure is down 17.1% on the previous year and down 9.4% over ten years.

Over the whole period, government expenditure on tertiary education, us$ in Barbados peaked at 112.86 millions in 2014 and was at its lowest, 1.35 millions, in 1971.

Barbados ranks 119th of 158 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.1 millions 1.35 millions 6.45 millions 6
1990s 32.87 millions 26.47 millions 39.27 millions 2
2000s 59.2 millions 38.2 millions 73.21 millions 9
2010s 82.58 millions 60.19 millions 112.86 millions 6

Countries ranked near Barbados

  1. 116 Georgia 72.55 millions compare
  2. 117 Malawi 69.93 millions compare
  3. 118 Niger 67.04 millions compare
  4. 120 Rwanda 56.38 millions compare
  5. 121 Laos 53.84 millions compare
  6. 122 Guinea 48.9 millions compare

See the full ranking of 158 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is government expenditure on tertiary education, us$ in Barbados?
Government expenditure on tertiary education, us$ in Barbados was 60.19 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, us$ recorded in Barbados?
The highest recorded value was 112.86 millions in 2014.
What is the lowest government expenditure on tertiary education, us$ recorded in Barbados?
The lowest recorded value was 1.35 millions in 1971.
How does Barbados rank for government expenditure on tertiary education, us$?
Barbados ranks 119th out of 158 countries with data for 2017.
Is government expenditure on tertiary education, us$ rising or falling in Barbados?
Over the last ten years it is down 9.4%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,257 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers) in millions US$ (nominal value). 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$. 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/