Barbados - Public spending on education as a share of GDP

4.04 (%) in 2023

Education expenditure of Barbados slumped by 8.41% from 4.42 % in 2022 to 4.04 % in 2023. Since the 16.67% surge in 2021, education expenditure sank by 16.84% in 2023.

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What is education expenditure?

Public expenditure on education consists of current and capital public expenditure on education includes government spending on educational institutions (both public and private), education administration as well as subsidies for private entities (students/households and other privates entities).

What is Barbados education expenditure?