Adjusted savings: education expenditure (current US$), per unit of GDP in Barbados
Barbados: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0508 current US$ per US$ of GDP in 2021. ▼ Falling
Adjusted savings: education expenditure (current US$), per unit of GDP in Barbados, 1986–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2021, adjusted savings: education expenditure (current us$), per unit of gdp in Barbados stood at 0.0508 current US$ per US$ of GDP.
The figure is up 96.7% on the previous year and up 16.2% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Barbados peaked at 0.0666 current US$ per US$ of GDP in 1992 and was at its lowest, 0.0258 current US$ per US$ of GDP, in 2020.
That places Barbados 36th out of 194 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in Barbados, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1986 | 0.0578 current US$ per US$ of GDP | — |
| 1987 | 0.0576 current US$ per US$ of GDP | -0.2% |
| 1988 | 0.0577 current US$ per US$ of GDP | +0.0% |
| 1989 | 0.058 current US$ per US$ of GDP | +0.7% |
| 1990 | 0.0623 current US$ per US$ of GDP | +7.4% |
| 1991 | 0.0539 current US$ per US$ of GDP | -13.5% |
| 1992 | 0.0666 current US$ per US$ of GDP | +23.4% |
| 1993 | 0.0662 current US$ per US$ of GDP | -0.5% |
| 1994 | 0.0661 current US$ per US$ of GDP | -0.2% |
| 1995 | 0.0658 current US$ per US$ of GDP | -0.5% |
| 1996 | 0.0655 current US$ per US$ of GDP | -0.3% |
| 1997 | 0.0659 current US$ per US$ of GDP | +0.5% |
| 1998 | 0.0474 current US$ per US$ of GDP | -28.1% |
| 1999 | 0.0387 current US$ per US$ of GDP | -18.2% |
| 2000 | 0.0421 current US$ per US$ of GDP | +8.8% |
| 2001 | 0.0505 current US$ per US$ of GDP | +19.9% |
| 2002 | 0.0518 current US$ per US$ of GDP | +2.6% |
| 2003 | 0.0548 current US$ per US$ of GDP | +5.7% |
| 2004 | 0.0545 current US$ per US$ of GDP | -0.6% |
| 2005 | 0.053 current US$ per US$ of GDP | -2.8% |
| 2006 | 0.0505 current US$ per US$ of GDP | -4.6% |
| 2007 | 0.05 current US$ per US$ of GDP | -1.1% |
| 2008 | 0.0476 current US$ per US$ of GDP | -4.8% |
| 2009 | 0.0536 current US$ per US$ of GDP | +12.7% |
| 2010 | 0.047 current US$ per US$ of GDP | -12.2% |
| 2011 | 0.0437 current US$ per US$ of GDP | -7.0% |
| 2012 | 0.0436 current US$ per US$ of GDP | -0.3% |
| 2013 | 0.0458 current US$ per US$ of GDP | +5.1% |
| 2014 | 0.0489 current US$ per US$ of GDP | +6.8% |
| 2015 | 0.0432 current US$ per US$ of GDP | -11.8% |
| 2016 | 0.0384 current US$ per US$ of GDP | -11.1% |
| 2017 | 0.0355 current US$ per US$ of GDP | -7.4% |
| 2018 | 0.0307 current US$ per US$ of GDP | -13.6% |
| 2019 | 0.0265 current US$ per US$ of GDP | -13.6% |
| 2020 | 0.0258 current US$ per US$ of GDP | -2.6% |
| 2021 | 0.0508 current US$ per US$ of GDP | +96.7% |
Barbados compared with similar countries
- Barbados's 0.0508 current US$ per US$ of GDP is above the median for high income countries, which is 0.0408 current US$ per US$ of GDP, 1.2× the median. (68 countries reporting)
- Barbados's 0.0508 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0403 current US$ per US$ of GDP, 1.3× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure (current US$), per unit of GDP in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +96.7% | 0.0258 current US$ per US$ of GDP | 0.0508 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0578 current US$ per US$ of GDP | 0.0576 current US$ per US$ of GDP | 0.058 current US$ per US$ of GDP | 4 |
| 1990s | 0.0598 current US$ per US$ of GDP | 0.0387 current US$ per US$ of GDP | 0.0666 current US$ per US$ of GDP | 10 |
| 2000s | 0.0508 current US$ per US$ of GDP | 0.0421 current US$ per US$ of GDP | 0.0548 current US$ per US$ of GDP | 10 |
| 2010s | 0.0403 current US$ per US$ of GDP | 0.0265 current US$ per US$ of GDP | 0.0489 current US$ per US$ of GDP | 10 |
| 2020s | 0.0383 current US$ per US$ of GDP | 0.0258 current US$ per US$ of GDP | 0.0508 current US$ per US$ of GDP | 2 |
Countries ranked near Barbados
- 33 Chile 0.0523 current US$ per US$ of GDP compare
- 34 Morocco 0.0516 current US$ per US$ of GDP compare
- 35 Mozambique 0.0514 current US$ per US$ of GDP compare
- 37 Bhutan 0.05 current US$ per US$ of GDP compare
- 38 Bolivia 0.05 current US$ per US$ of GDP compare
- 39 Curacao 0.0499 current US$ per US$ of GDP compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Barbados?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Barbados was 0.0508 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.0666 current US$ per US$ of GDP in 1992.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.0258 current US$ per US$ of GDP in 2020.
- How does Barbados rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Barbados ranks 36th out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is up 16.2%. 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 Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.