Agriculture (central government expenditure) — Value US$, 2015 prices in Barbados

Barbados: Agriculture (central government expenditure) — Value US$, 2015 prices was 40.85 million USD in 2024. ▼ Falling

Latest (2024)
40.85 million USD
Change on year
down 0.2%
World rank
52nd
of 84 countries
All-time high
66.44 million USD
in 2018
All-time low
28.62 million USD
in 2021
Years of data
7
2018–2024

Agriculture (central government expenditure) — Value US$, 2015 prices in Barbados, 2018–2024

02040602018202120242018: 66.4 million USD2019: 30.6 million USD2020: 31.6 million USD2021: 28.6 million USD2022: 44.8 million USD2023: 41 million USD2024: 40.9 million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Barbados recorded 40.85 million USD for agriculture (central government expenditure) — value us$, 2015 prices in 2024.

The figure is down 0.2% on the previous year and down 38.5% over ten years.

Barbados ranks 52nd of 84 countries on this measure, in the middle of the range.

Agriculture (central government expenditure) — Value US$, 2015 prices in Barbados, year by year

Annual values for Agriculture (central government expenditure) — Value US$, 2015 prices in Barbados, 2018 to 2024.
Year million USD Change
2018 66.44 million USD
2019 30.65 million USD -53.9%
2020 31.64 million USD +3.2%
2021 28.62 million USD -9.5%
2022 44.77 million USD +56.4%
2023 40.95 million USD -8.5%
2024 40.85 million USD -0.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 48.55 million USD 30.65 million USD 66.44 million USD 2
2020s 37.37 million USD 28.62 million USD 44.77 million USD 5

Countries ranked near Barbados

  1. 49 Namibia 57.44 million USD compare
  2. 50 Chad 55.77 million USD
  3. 51 Mauritius 48.53 million USD compare
  4. 53 Papua New Guinea 35.47 million USD
  5. 54 Bahamas 29.22 million USD compare
  6. 55 Burundi 23.93 million USD

See the full ranking of 89 places →

More agriculture & rural data for Barbados

All data for Barbados →

Frequently asked questions

What is agriculture (central government expenditure) — value us$, 2015 prices in Barbados?
Agriculture (central government expenditure) — value us$, 2015 prices in Barbados was 40.85 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture (central government expenditure) — value us$, 2015 prices recorded in Barbados?
The highest recorded value was 66.44 million USD in 2018.
What is the lowest agriculture (central government expenditure) — value us$, 2015 prices recorded in Barbados?
The lowest recorded value was 28.62 million USD in 2021.
How does Barbados rank for agriculture (central government expenditure) — value us$, 2015 prices?
Barbados ranks 52nd out of 84 countries with data for 2024.
Is agriculture (central government expenditure) — value us$, 2015 prices rising or falling in Barbados?
Over the last ten years it is down 38.5%. The long-run trend across the full record is falling.
Where does this Barbados data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture (central government expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Agriculture (central government expenditure) — Value US$, 2015 prices in Barbados. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://agriculture.statizoid.com/stat/agriculture-central-government-expenditure-value-us-2015-prices/barbados/

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About this data

Indicator
Agriculture (central government expenditure) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
89 places, 1,107 data points, 2001–2024
Last refreshed

The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.