Barbados: Education spending, percent of GDP

* indicates monthly or quarterly data series
 Barbados

Public spending on education, percent of GDP

 Latest value 3.56
 Year 2024
 Measure percent
 Data availability 1971 - 2024
 Average 5.27
 Min - Max 3.56 - 7.52
 Source UNESCO
 Available for Data download
The latest value from 2024 is 3.56 percent, a decline from 3.78 percent in 2023. In comparison, the world average is 4.66 percent, based on data from 38 countries. Historically, the average for Barbados from 1971 to 2024 is 5.27 percent. The minimum value, 3.56 percent, was reached in 2024 while the maximum of 7.52 percent was recorded in 1974. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
From   To 


 Recent values Barbados: Education spending, percent of GDP
 2024 3.56
 2023 3.78
 2022 4.14
 2021 4.50
 2020 3.87
 2019 3.72
 2018 5.40
 2017 3.96




Definition: General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.

Other resources:

Download data from our database

All indicators for Barbados

All indicators on the website

Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

All articles



 Related indicators Latest Reference Measure
 Education spending, percent of GDP 3.56 2024 percent
 Education spending, percent of government spending 14.19 2025 percent
 Literacy rate 99.27 1970 percent
 Female literacy rate, ages 15-24 100.00 2012 percent
 Male literacy rate, ages 15-24 100.00 2012 percent
 Youth literacy rate, ages 15-24 100.00 2012 percent
 Primary school completion rate 85.28 2024 percent
 School starting age, primary school 5 2025 years
 Female to male ratio, primary school pupils 0.97 2021 percent
 Female to male ratio, secondary school students 1.03 2021 percent
 Female to male ratio, students at tertiary level education 1.49 2025 percent
 Primary school enrollment 83.94 2024 percent
 Secondary school enrollment 104.37 2024 percent
 Tertiary school enrollment 50.80 2025 percent
 Trained teachers in primary education 75.88 2024 percent
This site uses cookies.
Learn more here


OK