Adjusted savings: education expenditure in Barbados
Barbados: Adjusted savings: education expenditure was 302.46 million current US$ in 2021. ▲ Rising
Adjusted savings: education expenditure in Barbados, 1986–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Barbados is 302.46 million current US$, measured in 2021. That is the highest value across all 36 years on record.
That represents a change of up 116.6% on the previous year and up 24.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Barbados peaked at 302.46 million current US$ in 2021 and was at its lowest, 89.39 million current US$, in 1986.
Barbados ranks 145th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Adjusted savings: education expenditure in Barbados, year by year
| Year | current US$ | Change |
|---|---|---|
| 1986 | 89.39 million current US$ | — |
| 1987 | 98.25 million current US$ | +9.9% |
| 1988 | 104.51 million current US$ | +6.4% |
| 1989 | 116.45 million current US$ | +11.4% |
| 1990 | 125.38 million current US$ | +7.7% |
| 1991 | 108.97 million current US$ | -13.1% |
| 1992 | 130.26 million current US$ | +19.5% |
| 1993 | 136.67 million current US$ | +4.9% |
| 1994 | 142.23 million current US$ | +4.1% |
| 1995 | 145.78 million current US$ | +2.5% |
| 1996 | 154.91 million current US$ | +6.3% |
| 1997 | 164.63 million current US$ | +6.3% |
| 1998 | 133.39 million current US$ | -19.0% |
| 1999 | 114.36 million current US$ | -14.3% |
| 2000 | 128.95 million current US$ | +12.8% |
| 2001 | 154.31 million current US$ | +19.7% |
| 2002 | 161.03 million current US$ | +4.4% |
| 2003 | 175.92 million current US$ | +9.2% |
| 2004 | 187.68 million current US$ | +6.7% |
| 2005 | 202.27 million current US$ | +7.8% |
| 2006 | 213.10 million current US$ | +5.4% |
| 2007 | 233.73 million current US$ | +9.7% |
| 2008 | 227.86 million current US$ | -2.5% |
| 2009 | 239.43 million current US$ | +5.1% |
| 2010 | 255.36 million current US$ | +6.7% |
| 2011 | 243.37 million current US$ | -4.7% |
| 2012 | 239.19 million current US$ | -1.7% |
| 2013 | 259.36 million current US$ | +8.4% |
| 2014 | 278.11 million current US$ | +7.2% |
| 2015 | 246.06 million current US$ | -11.5% |
| 2016 | 217.93 million current US$ | -11.4% |
| 2017 | 207.84 million current US$ | -4.6% |
| 2018 | 184.30 million current US$ | -11.3% |
| 2019 | 163.63 million current US$ | -11.2% |
| 2020 | 139.66 million current US$ | -14.6% |
| 2021 | 302.46 million current US$ | +116.6% |
Barbados compared with similar countries
- Barbados's 302.46 million current US$ is below the median for high income countries, which is 5.34 billion current US$, 6% of the median. (69 countries reporting)
- Barbados's 302.46 million current US$ is below the median for Latin America & Caribbean, which is 967.45 million current US$, 31% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +116.6% | 139.66 million current US$ | 302.46 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 102.15 million current US$ | 89.39 million current US$ | 116.45 million current US$ | 4 |
| 1990s | 135.66 million current US$ | 108.97 million current US$ | 164.63 million current US$ | 10 |
| 2000s | 192.43 million current US$ | 128.95 million current US$ | 239.43 million current US$ | 10 |
| 2010s | 229.51 million current US$ | 163.63 million current US$ | 278.11 million current US$ | 10 |
| 2020s | 221.06 million current US$ | 139.66 million current US$ | 302.46 million current US$ | 2 |
Countries ranked near Barbados
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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Barbados?
- Adjusted savings: education expenditure in Barbados was 302.46 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Barbados?
- The highest recorded value was 302.46 million current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Barbados?
- The lowest recorded value was 89.39 million current US$ in 1986.
- How does Barbados rank for adjusted savings: education expenditure?
- Barbados ranks 145th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Barbados?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.