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Barbados Health Spending

Current health expenditure as % of GDP  SH.XPD.CHEX.GD.ZS

Barbados's health spending was 5.67% in 2025, ranked 115th globally. This represents a 4.9% increase from 2024. Data from World Bank, covering 2000–2025.

5.67% +0.26% (+4.9%)
Year 2025 Rank #115 Global Peak 7.44% (2021) Source World Bank

Barbados Health Spending (2000–2025)

Overview

Barbados's health spending stood at 5.67% in 2025, a rise of +0.26% from 2023. Based on recent trends, this figure is projected to reach 5.67% by 2025. Barbados ranked 115th globally.

Barbados' health spending has demonstrated a fluctuating trend over the past quarter century, with significant variations in expenditure levels. The country's health spending peaked in 2021 at 7.44% of its GDP, a notable increase from its 4.93% trough in 2000, marking the beginning of the coverage period. Since then, health spending has gradually declined, reaching 5.67% of GDP in 2025. This recent figure places Barbados at the 115th position globally, slightly below its peer countries, such as Mexico, which maintained a higher health spending level of 5.71% of GDP. The country's health spending trajectory may be influenced by various factors, including demographic changes, healthcare policy reforms, and economic shifts. A sustained economic growth, coupled with a focus on improving healthcare outcomes, could potentially alter the trajectory of Barbados' health spending and propel the country towards a more robust healthcare system.

Data & projection

Year Health Spending YoY change Rank
2026* trend 5.53% - -
2025* trend 5.67% - -
2025 5.67% +0.26% #115
2023 5.40% −0.47% #71
2022 5.87% −1.57% #85
2021 7.44% +0.72% #111
2020 6.73% +1.05% #96
2019 5.67% −0.16% #90
2018 5.83% −0.17% #92
2017 6.00% −0.19% #91
2016 6.19% +0.10% #96
2015 6.09% −0.01% #96
2014 6.10% −0.39% #100
2013 6.48% −0.37% #109
2012 6.85% +0.79% #117
2011 6.06% +0.09% #105
2010 5.97% −0.33% #103
Show all years (2000-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.4% GDP growth -0.3% Unemployment 11.2%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw health spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Barbados's health spending?▾

Barbados's health spending was 5.67% in 2025. Ranked 115th globally. This represents a 4.9% increase from the previous year.

What was the highest health spending in Barbados?▾

Barbados's health spending peaked at 7.44% in 2021.

What was the lowest health spending in Barbados?▾

The lowest health spending in Barbados was 4.93% in 2000.

How does Barbados rank in health spending?▾

Barbados ranks 115th globally in health spending as of 2025.

What is the World Bank indicator code for health spending?▾

The World Bank indicator code is SH.XPD.CHEX.GD.ZS. Data sourced from World Bank.

What is the projected health spending of Barbados in 2025?▾

Barbados's health spending is projected to reach 5.67% by 2025 based on trend extrapolation.

What is the health spending of Barbados in 2025?▾

The health spending of Barbados in 2025 was 5.67%. This ranks 115th in the world.

Cite this page

APA
Barbados Health Spending. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/barbados/health-spending/
BibTeX
@misc{historysaid_barbados_health-spending, title = {Barbados Health Spending}, url = {https://historysaid.com/barbados/health-spending/}, publisher = {HistorySaid}, year = {2026} }
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