Military spending, annual growth rate in Barbados

Barbados: Military spending, annual growth rate was -1.17 % change on previous year in 2020. ◆ Volatile

Latest (2020)
-1.17 % change on previous year
Change on year
down 120.2%
World rank
159th
of 172 countries
All-time high
165.87 % change on previous year
in 1973
All-time low
-34.6 % change on previous year
in 1972
Years of data
54
1967–2020

Military spending, annual growth rate in Barbados, 1967–2020

-50050100150196719932020

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in Barbados is -1.17 % change on previous year, measured in 2020.

That represents a change of down 120.2% on the previous year and up 51.7% over ten years.

Over the whole period, military spending, annual growth rate in Barbados peaked at 165.87 % change on previous year in 1973 and was at its lowest, -34.6 % change on previous year, in 1972.

That places Barbados 159th out of 172 countries with data for 2020, putting it in the bottom quarter.

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

Military spending, annual growth rate in Barbados, year by year

Annual values for Military spending, annual growth rate in Barbados, 1967 to 2020.
Year % change on previous year Change
1967 -5.39 % change on previous year
1968 -5.76 % change on previous year +6.9%
1969 -11.3 % change on previous year +96.1%
1970 -7.3 % change on previous year -35.3%
1971 -10.89 % change on previous year +49.1%
1972 -34.6 % change on previous year +217.7%
1973 165.87 % change on previous year -579.3%
1974 4.06 % change on previous year -97.6%
1975 -7.91 % change on previous year -294.9%
1976 -4.95 % change on previous year -37.4%
1977 0.7044 % change on previous year -114.2%
1978 16.72 % change on previous year +2273.5%
1979 105.36 % change on previous year +530.2%
1980 155.53 % change on previous year +47.6%
1981 6.05 % change on previous year -96.1%
1982 -7.89 % change on previous year -230.5%
1983 -0.3857 % change on previous year -95.1%
1984 2.44 % change on previous year -731.7%
1985 -2.81 % change on previous year -215.4%
1986 -11.5 % change on previous year +309.0%
1987 -4.58 % change on previous year -60.2%
1988 9.45 % change on previous year -306.4%
1989 0.2772 % change on previous year -97.1%
1990 8.82 % change on previous year +3081.1%
1991 -6.35 % change on previous year -172.0%
1992 -5.86 % change on previous year -7.6%
1993 5.8 % change on previous year -198.9%
1994 2.99 % change on previous year -48.4%
1995 2.38 % change on previous year -20.3%
1996 -6.59 % change on previous year -376.7%
1997 1.48 % change on previous year -122.4%
1998 -0.3674 % change on previous year -124.9%
1999 -4.69 % change on previous year +1177.5%
2000 0.0818 % change on previous year -101.7%
2001 4.71 % change on previous year +5659.8%
2002 2.25 % change on previous year -52.2%
2003 18.26 % change on previous year +710.2%
2004 13.88 % change on previous year -24.0%
2005 15.94 % change on previous year +14.8%
2006 3.35 % change on previous year -79.0%
2007 7.2 % change on previous year +114.7%
2008 -1.43 % change on previous year -119.9%
2009 2.83 % change on previous year -297.5%
2010 -2.42 % change on previous year -185.4%
2011 7.07 % change on previous year -392.4%
2012 3.45 % change on previous year -51.2%
2013 -4.03 % change on previous year -216.8%
2014 4.76 % change on previous year -218.1%
2015 4.53 % change on previous year -4.8%
2016 3.79 % change on previous year -16.4%
2017 8.8 % change on previous year +132.3%
2018 4.01 % change on previous year -54.5%
2019 5.77 % change on previous year +44.2%
2020 -1.17 % change on previous year -120.2%

Barbados compared with similar countries

  • Barbados's -1.17 % change on previous year is below the median for high income countries, which is 5.57 % change on previous year. (55 countries reporting)
  • Barbados's -1.17 % change on previous year is below the median for Latin America & Caribbean, which is 4.34 % change on previous year. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 +5659.8% 0.0818 % change on previous year 4.71 % change on previous year
1990 +3081.1% 0.2772 % change on previous year 8.82 % change on previous year
1978 +2273.5% 0.7044 % change on previous year 16.72 % change on previous year
1999 -1177.5% -0.3674 % change on previous year -4.69 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s -7.48 % change on previous year -11.3 % change on previous year -5.39 % change on previous year 3
1970s 22.71 % change on previous year -34.6 % change on previous year 165.87 % change on previous year 10
1980s 14.66 % change on previous year -11.5 % change on previous year 155.53 % change on previous year 10
1990s -0.2397 % change on previous year -6.59 % change on previous year 8.82 % change on previous year 10
2000s 6.71 % change on previous year -1.43 % change on previous year 18.26 % change on previous year 10
2010s 3.57 % change on previous year -4.03 % change on previous year 8.8 % change on previous year 10
2020s -1.17 % change on previous year -1.17 % change on previous year -1.17 % change on previous year 1

Countries ranked near Barbados

  1. 156 Bangladesh -0.3485 % change on previous year compare
  2. 157 Italy -0.5743 % change on previous year compare
  3. 158 Pakistan -1.09 % change on previous year compare
  4. 160 Sri Lanka -2.14 % change on previous year compare
  5. 161 Bahamas -2.17 % change on previous year compare
  6. 162 Equatorial Guinea -2.77 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is military spending, annual growth rate in Barbados?
Military spending, annual growth rate in Barbados was -1.17 % change on previous year in 2020, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Barbados?
The highest recorded value was 165.87 % change on previous year in 1973.
What is the lowest military spending, annual growth rate recorded in Barbados?
The lowest recorded value was -34.6 % change on previous year in 1972.
How does Barbados rank for military spending, annual growth rate?
Barbados ranks 159th out of 172 countries with data for 2020.
Is military spending, annual growth rate rising or falling in Barbados?
Over the last ten years it is up 51.7%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.

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Military spending, annual growth rate in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/barbados/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.