Net official development assistance and official aid … 2023 aid in Bahamas
Bahamas: Net official development assistance and official aid received was 6.62 million constant 2023 US$ in 2004. ◆ Volatile
Net official development assistance and official aid received in Bahamas, 1960–2004
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
In 2004, net official development assistance and official aid received in Bahamas stood at 6.62 million constant 2023 US$.
Compared with earlier readings it is up 15.7% on the previous year and up 373.2% over ten years.
Over the whole period, net official development assistance and official aid received in Bahamas peaked at 34.29 million constant 2023 US$ in 1998 and was at its lowest, -459,844 constant 2023 US$, in 1960.
That places Bahamas 160th out of 181 countries with data for 2004, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Bahamas, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1960 | -459,844 constant 2023 US$ | — |
| 1963 | 161,857 constant 2023 US$ | -135.2% |
| 1964 | 590,454 constant 2023 US$ | +264.8% |
| 1965 | 655,582 constant 2023 US$ | +11.0% |
| 1966 | 441,757 constant 2023 US$ | -32.6% |
| 1967 | 5.09 million constant 2023 US$ | +1051.7% |
| 1968 | 470,036 constant 2023 US$ | -90.8% |
| 1969 | 605,680 constant 2023 US$ | +28.9% |
| 1970 | 581,074 constant 2023 US$ | -4.1% |
| 1971 | 1.79 million constant 2023 US$ | +207.2% |
| 1972 | 8.21 million constant 2023 US$ | +359.9% |
| 1973 | 2.49 million constant 2023 US$ | -69.7% |
| 1974 | 2.45 million constant 2023 US$ | -1.6% |
| 1975 | 2.76 million constant 2023 US$ | +13.0% |
| 1976 | 2.39 million constant 2023 US$ | -13.4% |
| 1977 | 1.72 million constant 2023 US$ | -27.9% |
| 1978 | 2.62 million constant 2023 US$ | +51.8% |
| 1979 | 2.52 million constant 2023 US$ | -3.8% |
| 1980 | 3.58 million constant 2023 US$ | +42.2% |
| 1981 | 3.65 million constant 2023 US$ | +1.9% |
| 1982 | 3.62 million constant 2023 US$ | -0.6% |
| 1983 | 2.44 million constant 2023 US$ | -32.5% |
| 1984 | 26.13 million constant 2023 US$ | +968.8% |
| 1985 | 1.97 million constant 2023 US$ | -92.5% |
| 1986 | 3.88 million constant 2023 US$ | +97.0% |
| 1987 | 1.28 million constant 2023 US$ | -67.0% |
| 1988 | 2.63 million constant 2023 US$ | +105.0% |
| 1989 | 7.66 million constant 2023 US$ | +191.9% |
| 1990 | 5.16 million constant 2023 US$ | -32.7% |
| 1991 | 4.36 million constant 2023 US$ | -15.5% |
| 1992 | 4.21 million constant 2023 US$ | -3.3% |
| 1993 | 1.72 million constant 2023 US$ | -59.2% |
| 1994 | 1.40 million constant 2023 US$ | -18.5% |
| 1995 | 6.35 million constant 2023 US$ | +353.7% |
| 1996 | 2.20 million constant 2023 US$ | -65.3% |
| 1997 | 5.28 million constant 2023 US$ | +140.0% |
| 1998 | 34.29 million constant 2023 US$ | +549.4% |
| 1999 | 17.94 million constant 2023 US$ | -47.7% |
| 2000 | 8.33 million constant 2023 US$ | -53.6% |
| 2001 | 11.08 million constant 2023 US$ | +33.0% |
| 2002 | 6.20 million constant 2023 US$ | -44.0% |
| 2003 | 5.72 million constant 2023 US$ | -7.7% |
| 2004 | 6.62 million constant 2023 US$ | +15.7% |
Bahamas compared with similar countries
- Bahamas's 6.62 million constant 2023 US$ is below the median for high income countries, which is 16.05 million constant 2023 US$, 41% of the median. (49 countries reporting)
- Bahamas's 6.62 million constant 2023 US$ is below the median for Latin America & Caribbean, which is 142.19 million constant 2023 US$, 5% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1967 | +1051.7% | 441,757 constant 2023 US$ | 5.09 million constant 2023 US$ |
| 1984 | +968.8% | 2.44 million constant 2023 US$ | 26.13 million constant 2023 US$ |
| 1998 | +549.4% | 5.28 million constant 2023 US$ | 34.29 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 944,165 constant 2023 US$ | -459,844 constant 2023 US$ | 5.09 million constant 2023 US$ | 8 |
| 1970s | 2.75 million constant 2023 US$ | 581,074 constant 2023 US$ | 8.21 million constant 2023 US$ | 10 |
| 1980s | 5.68 million constant 2023 US$ | 1.28 million constant 2023 US$ | 26.13 million constant 2023 US$ | 10 |
| 1990s | 8.29 million constant 2023 US$ | 1.40 million constant 2023 US$ | 34.29 million constant 2023 US$ | 10 |
| 2000s | 7.59 million constant 2023 US$ | 5.72 million constant 2023 US$ | 11.08 million constant 2023 US$ | 5 |
Countries ranked near Bahamas
- 157 Hong Kong 8.73 million constant 2023 US$ compare
- 158 Oman 7.88 million constant 2023 US$ compare
- 159 Malta 7.64 million constant 2023 US$ compare
- 161 Malaysia 6.58 million constant 2023 US$ compare
- 162 United Arab Emirates 6.43 million constant 2023 US$ compare
- 163 Antigua and Barbuda 5.86 million constant 2023 US$ compare
More aid effectiveness data for Bahamas
- Net bilateral aid flows from DAC donors, Canada 70,000 current US$ (1995)
- Net bilateral aid flows from DAC donors, European Union institutions 1.55 million current US$ (1995)
- Net bilateral aid flows from DAC donors, Germany 30,000 current US$ (1995)
- Net bilateral aid flows from DAC donors, United Kingdom 70,000 current US$ (1995)
- Net bilateral aid flows from DAC donors, Japan 80,000 current US$ (1995)
- Net bilateral aid flows from DAC donors, Total 2.82 million current US$ (1995)
- Net official flows from UN agencies, UNDP 50,000 current US$ (1994)
- Net official development assistance and official aid received 4.39 million current US$ (1995)
- Net official development assistance received 4.39 million current US$ (1995)
- Net ODA received 0.5% (1995)
Frequently asked questions
- What is net official development assistance and official aid received in Bahamas?
- Net official development assistance and official aid received in Bahamas was 6.62 million constant 2023 US$ in 2004, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance and official aid received recorded in Bahamas?
- The highest recorded value was 34.29 million constant 2023 US$ in 1998.
- What is the lowest net official development assistance and official aid received recorded in Bahamas?
- The lowest recorded value was -459,844 constant 2023 US$ in 1960.
- How does Bahamas rank for net official development assistance and official aid received?
- Bahamas ranks 160th out of 181 countries with data for 2004.
- Is net official development assistance and official aid received rising or falling in Bahamas?
- Over the last ten years it is up 373.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net official development assistance and official aid received (constant 2023 US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. Data are in constant 2023 U.S. dollars.