Military spending gmsd in Barbados

Barbados: Military spending gmsd was 50.59 million in 2020. ◆ Volatile

Latest (2020)
50.59 million
Change on year
down 1.2%
World rank
158th
of 172 countries
All-time high
51.19 million
in 2019
All-time low
1.49 million
in 1972
Years of data
55
1966–2020

Military spending gmsd in Barbados, 1966–2020

010.0M20.0M30.0M40.0M50.0M196619932020

Source: Our World in Data.

Analysis

In 2020, military spending gmsd in Barbados stood at 50.59 million.

Compared with earlier readings it is down 1.2% on the previous year and up 42.9% over ten years.

Over the whole period, military spending gmsd in Barbados peaked at 51.19 million in 2019 and was at its lowest, 1.49 million, in 1972.

Barbados ranks 158th of 172 countries on this measure, in the bottom quarter.

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

Military spending gmsd in Barbados, year by year

Annual values for Military spending gmsd in Barbados, 1966 to 2020.
Year Value Change
1966 3.50 million —
1967 3.31 million -5.4%
1968 3.12 million -5.8%
1969 2.77 million -11.3%
1970 2.56 million -7.3%
1971 2.29 million -10.9%
1972 1.49 million -34.6%
1973 3.97 million +165.9%
1974 4.13 million +4.1%
1975 3.81 million -7.9%
1976 3.62 million -4.9%
1977 3.64 million +0.7%
1978 4.25 million +16.7%
1979 8.74 million +105.4%
1980 22.32 million +155.5%
1981 23.67 million +6.1%
1982 21.80 million -7.9%
1983 21.72 million -0.4%
1984 22.25 million +2.4%
1985 21.62 million -2.8%
1986 19.14 million -11.5%
1987 18.26 million -4.6%
1988 19.99 million +9.5%
1989 20.04 million +0.3%
1990 21.81 million +8.8%
1991 20.43 million -6.3%
1992 19.23 million -5.9%
1993 20.34 million +5.8%
1994 20.95 million +3.0%
1995 21.45 million +2.4%
1996 20.04 million -6.6%
1997 20.33 million +1.5%
1998 20.26 million -0.4%
1999 19.31 million -4.7%
2000 19.32 million +0.1%
2001 20.23 million +4.7%
2002 20.69 million +2.3%
2003 24.47 million +18.3%
2004 27.86 million +13.9%
2005 32.30 million +15.9%
2006 33.39 million +3.4%
2007 35.79 million +7.2%
2008 35.28 million -1.4%
2009 36.28 million +2.8%
2010 35.40 million -2.4%
2011 37.90 million +7.1%
2012 39.21 million +3.5%
2013 37.63 million -4.0%
2014 39.42 million +4.8%
2015 41.21 million +4.5%
2016 42.77 million +3.8%
2017 46.53 million +8.8%
2018 48.39 million +4.0%
2019 51.19 million +5.8%
2020 50.59 million -1.2%

Barbados compared with similar countries

  • Barbados's 50.59 million is below the median for high income countries, which is 6.50 billion, 1% of the median. (55 countries reporting)
  • Barbados's 50.59 million is below the median for Latin America & Caribbean, which is 509.92 million, 10% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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
1973 +165.9% 1.49 million 3.97 million
1980 +155.5% 8.74 million 22.32 million
1979 +105.4% 4.25 million 8.74 million

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.17 million 2.77 million 3.50 million 4
1970s 3.85 million 1.49 million 8.74 million 10
1980s 21.08 million 18.26 million 23.67 million 10
1990s 20.41 million 19.23 million 21.81 million 10
2000s 28.56 million 19.32 million 36.28 million 10
2010s 41.96 million 35.40 million 51.19 million 10
2020s 50.59 million 50.59 million 50.59 million 1

Countries ranked near Barbados

  1. 155 Central African Republic 62.88 million compare
  2. 156 Suriname 60.49 million compare
  3. 157 East Timor 57.24 million compare
  4. 159 Lesotho 44.77 million compare
  5. 160 Liberia 39.49 million compare
  6. 161 Belize 32.73 million 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 gmsd in Barbados?
Military spending gmsd in Barbados was 50.59 million in 2020, according to Our World in Data.
What is the highest military spending gmsd recorded in Barbados?
The highest recorded value was 51.19 million in 2019.
What is the lowest military spending gmsd recorded in Barbados?
The lowest recorded value was 1.49 million in 1972.
How does Barbados rank for military spending gmsd?
Barbados ranks 158th out of 172 countries with data for 2020.
Is military spending gmsd rising or falling in Barbados?
Over the last ten years it is up 42.9%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Barbados. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/barbados/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed