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Barbados — Health spending
Health Spending (% of GDP) for Barbados, 2000–2023.
Latest value · 2023
5.40%
Health Spending (% of GDP) · % of GDP · +9.7% since 2000
Health spending for Barbados was 5.40% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 7.44% in 2021. The lowest was 4.93% in 2000 (about 1.1× the low point). Across that span the compound annual growth rate works out to 0.40% per year.
Barbados ranks 119 of 189 economies on this measure (1 = highest), putting it in the top 63%. The median for Latin America & Caribbean is 6.87%, so Barbados sits below it. It peaked in 2021 and has fallen 27% since. Over the last decade (2013–2023) the figure moved down 17%.
Key figures
Latest (2023)
5.40%
First (2000)
4.93%
Change
+9.7%
Highest
7.44%
in 2021
Lowest
4.93%
in 2000
Average
6.02%
Annual growth (CAGR)
0.40%
Years of data
24
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 5.4% |
| 2022 | 5.87% |
| 2021 | 7.44% |
| 2020 | 6.73% |
| 2019 | 5.67% |
| 2018 | 5.83% |
| 2017 | 6% |
| 2016 | 6.19% |
| 2015 | 6.09% |
| 2014 | 6.1% |
| 2013 | 6.48% |
| 2012 | 6.85% |
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.