Military spending, per unit of GDP in Barbados

Barbados: Military spending, per unit of GDP was 0.0094 constant 2022 US$ per US$ of GDP in 2020. ▼ Falling

Latest (2020)
0.0094 constant 2022 US$ per US$ of GDP
Change on year
up 12.8%
World rank
135th
of 170 countries
All-time high
0.0309 constant 2022 US$ per US$ of GDP
in 1966
All-time low
0.0063 constant 2022 US$ per US$ of GDP
in 2000
Years of data
55
1966–2020

Military spending, per unit of GDP in Barbados, 1966–2020

0.0050.010.0150.020.0250.03196619932020

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

Barbados recorded 0.0094 constant 2022 US$ per US$ of GDP for military spending, per unit of gdp in 2020.

That represents a change of up 12.8% on the previous year and up 43.6% over ten years.

Over the whole period, military spending, per unit of gdp in Barbados peaked at 0.0309 constant 2022 US$ per US$ of GDP in 1966 and was at its lowest, 0.0063 constant 2022 US$ per US$ of GDP, in 2000.

That places Barbados 135th out of 170 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 55 years of available data.

Military spending, per unit of GDP in Barbados, year by year

Annual values for Military spending, per unit of GDP in Barbados, 1966 to 2020.
Year constant 2022 US$ per US$ of GDP Change
1966 0.0309 constant 2022 US$ per US$ of GDP
1967 0.0264 constant 2022 US$ per US$ of GDP -14.7%
1968 0.0248 constant 2022 US$ per US$ of GDP -5.9%
1969 0.0196 constant 2022 US$ per US$ of GDP -21.1%
1970 0.0154 constant 2022 US$ per US$ of GDP -21.1%
1971 0.0122 constant 2022 US$ per US$ of GDP -20.7%
1972 0.007 constant 2022 US$ per US$ of GDP -42.8%
1973 0.0152 constant 2022 US$ per US$ of GDP +117.9%
1974 0.0133 constant 2022 US$ per US$ of GDP -13.0%
1975 0.0095 constant 2022 US$ per US$ of GDP -28.6%
1976 0.0083 constant 2022 US$ per US$ of GDP -12.3%
1977 0.0074 constant 2022 US$ per US$ of GDP -11.3%
1978 0.0077 constant 2022 US$ per US$ of GDP +4.5%
1979 0.013 constant 2022 US$ per US$ of GDP +69.4%
1980 0.0221 constant 2022 US$ per US$ of GDP +69.2%
1981 0.0212 constant 2022 US$ per US$ of GDP -3.7%
1982 0.0187 constant 2022 US$ per US$ of GDP -11.8%
1983 0.0176 constant 2022 US$ per US$ of GDP -6.2%
1984 0.0165 constant 2022 US$ per US$ of GDP -6.0%
1985 0.0153 constant 2022 US$ per US$ of GDP -7.1%
1986 0.0124 constant 2022 US$ per US$ of GDP -19.4%
1987 0.0107 constant 2022 US$ per US$ of GDP -13.3%
1988 0.011 constant 2022 US$ per US$ of GDP +2.9%
1989 0.01 constant 2022 US$ per US$ of GDP -9.4%
1990 0.0108 constant 2022 US$ per US$ of GDP +8.5%
1991 0.0101 constant 2022 US$ per US$ of GDP -6.7%
1992 0.0098 constant 2022 US$ per US$ of GDP -2.8%
1993 0.0099 constant 2022 US$ per US$ of GDP +0.3%
1994 0.0097 constant 2022 US$ per US$ of GDP -1.2%
1995 0.0097 constant 2022 US$ per US$ of GDP -0.6%
1996 0.0085 constant 2022 US$ per US$ of GDP -12.4%
1997 0.0081 constant 2022 US$ per US$ of GDP -4.0%
1998 0.0072 constant 2022 US$ per US$ of GDP -11.6%
1999 0.0065 constant 2022 US$ per US$ of GDP -9.0%
2000 0.0063 constant 2022 US$ per US$ of GDP -3.4%
2001 0.0066 constant 2022 US$ per US$ of GDP +4.9%
2002 0.0067 constant 2022 US$ per US$ of GDP +0.5%
2003 0.0076 constant 2022 US$ per US$ of GDP +14.5%
2004 0.0081 constant 2022 US$ per US$ of GDP +6.1%
2005 0.0085 constant 2022 US$ per US$ of GDP +4.6%
2006 0.0079 constant 2022 US$ per US$ of GDP -6.4%
2007 0.0077 constant 2022 US$ per US$ of GDP -3.3%
2008 0.0074 constant 2022 US$ per US$ of GDP -3.8%
2009 0.0081 constant 2022 US$ per US$ of GDP +10.3%
2010 0.0065 constant 2022 US$ per US$ of GDP -19.7%
2011 0.0068 constant 2022 US$ per US$ of GDP +4.5%
2012 0.0071 constant 2022 US$ per US$ of GDP +4.9%
2013 0.0066 constant 2022 US$ per US$ of GDP -7.0%
2014 0.0069 constant 2022 US$ per US$ of GDP +4.3%
2015 0.0072 constant 2022 US$ per US$ of GDP +4.3%
2016 0.0075 constant 2022 US$ per US$ of GDP +4.2%
2017 0.008 constant 2022 US$ per US$ of GDP +5.7%
2018 0.0081 constant 2022 US$ per US$ of GDP +1.3%
2019 0.0083 constant 2022 US$ per US$ of GDP +2.9%
2020 0.0094 constant 2022 US$ per US$ of GDP +12.8%

Barbados compared with similar countries

  • Barbados's 0.0094 constant 2022 US$ per US$ of GDP is below the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 50% of the median. (55 countries reporting)
  • Barbados's 0.0094 constant 2022 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 82% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP 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 +117.9% 0.007 constant 2022 US$ per US$ of GDP 0.0152 constant 2022 US$ per US$ of GDP
1979 +69.4% 0.0077 constant 2022 US$ per US$ of GDP 0.013 constant 2022 US$ per US$ of GDP
1980 +69.2% 0.013 constant 2022 US$ per US$ of GDP 0.0221 constant 2022 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0254 constant 2022 US$ per US$ of GDP 0.0196 constant 2022 US$ per US$ of GDP 0.0309 constant 2022 US$ per US$ of GDP 4
1970s 0.0109 constant 2022 US$ per US$ of GDP 0.007 constant 2022 US$ per US$ of GDP 0.0154 constant 2022 US$ per US$ of GDP 10
1980s 0.0156 constant 2022 US$ per US$ of GDP 0.01 constant 2022 US$ per US$ of GDP 0.0221 constant 2022 US$ per US$ of GDP 10
1990s 0.009 constant 2022 US$ per US$ of GDP 0.0065 constant 2022 US$ per US$ of GDP 0.0108 constant 2022 US$ per US$ of GDP 10
2000s 0.0075 constant 2022 US$ per US$ of GDP 0.0063 constant 2022 US$ per US$ of GDP 0.0085 constant 2022 US$ per US$ of GDP 10
2010s 0.0073 constant 2022 US$ per US$ of GDP 0.0065 constant 2022 US$ per US$ of GDP 0.0083 constant 2022 US$ per US$ of GDP 10
2020s 0.0094 constant 2022 US$ per US$ of GDP 0.0094 constant 2022 US$ per US$ of GDP 0.0094 constant 2022 US$ per US$ of GDP 1

Countries ranked near Barbados

  1. 132 Cote d'Ivoire 0.0099 constant 2022 US$ per US$ of GDP compare
  2. 133 Austria 0.0099 constant 2022 US$ per US$ of GDP compare
  3. 134 South Africa 0.0095 constant 2022 US$ per US$ of GDP compare
  4. 136 Democratic Republic of Congo 0.0092 constant 2022 US$ per US$ of GDP compare
  5. 137 Liberia 0.009 constant 2022 US$ per US$ of GDP compare
  6. 138 Indonesia 0.0085 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is military spending, per unit of gdp in Barbados?
Military spending, per unit of gdp in Barbados was 0.0094 constant 2022 US$ per US$ of GDP in 2020, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Barbados?
The highest recorded value was 0.0309 constant 2022 US$ per US$ of GDP in 1966.
What is the lowest military spending, per unit of gdp recorded in Barbados?
The lowest recorded value was 0.0063 constant 2022 US$ per US$ of GDP in 2000.
How does Barbados rank for military spending, per unit of gdp?
Barbados ranks 135th out of 170 countries with data for 2020.
Is military spending, per unit of gdp rising or falling in Barbados?
Over the last ten years it is up 43.6%. The long-run trend across the full record is falling.
Where does this Barbados data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/barbados/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.