Net official development assistance and official aid received in Barbados
Barbados: Net official development assistance and official aid received was 16.05 million constant 2023 US$ in 2010. β Volatile
Net official development assistance and official aid received in Barbados, 1966β2010
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
In 2010, net official development assistance and official aid received in Barbados stood at 16.05 million constant 2023 US$.
That represents a change of up 28.4% on the previous year and up 390.2% over ten years.
Over the whole period, net official development assistance and official aid received in Barbados peaked at 42.04 million constant 2023 US$ in 1983 and was at its lowest, -1.06 million constant 2023 US$, in 1999.
That places Barbados 152nd out of 180 countries with data for 2010, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.11 million constant 2023 US$ | 4.70 million constant 2023 US$ | 13.97 million constant 2023 US$ | 4 |
| 1970s | 23.18 million constant 2023 US$ | 17.35 million constant 2023 US$ | 32.55 million constant 2023 US$ | 10 |
| 1980s | 16.86 million constant 2023 US$ | 1.76 million constant 2023 US$ | 42.04 million constant 2023 US$ | 10 |
| 1990s | 6.30 million constant 2023 US$ | -1.06 million constant 2023 US$ | 26.55 million constant 2023 US$ | 10 |
| 2000s | 11.85 million constant 2023 US$ | -832,048 constant 2023 US$ | 37.64 million constant 2023 US$ | 10 |
| 2010s | 16.05 million constant 2023 US$ | 16.05 million constant 2023 US$ | 16.05 million constant 2023 US$ | 1 |
Countries ranked near Barbados
- 149 Palau, Republic of 28.79 million constant 2023 US$ compare
- 150 St. Vincent and the Grenadines 21.28 million constant 2023 US$ compare
- 151 Turks and Caicos Islands 16.47 million constant 2023 US$ compare
- 153 Korea, Democratic People's Republic of 14.42 million constant 2023 US$ compare
- 154 Equatorial Guinea, Republic of 11.66 million constant 2023 US$ compare
- 155 Singapore 10.59 million constant 2023 US$ compare
More aid effectiveness data for Barbados
- Net bilateral aid flows from DAC donors, Austria 10,000 current US$ (1999)
- Net ODA received per capita 56.6 current US$ (2010)
- Net official development assistance received 16.05 million constant 2023 US$ (2010)
- Net ODA received 0.3% (2010)
- Net official development assistance received 15.58 million current US$ (2010)
- Net official development assistance and official aid received 15.58 million current US$ (2010)
- Net official flows from UN agencies, UNDP 250,000 current US$ (2010)
- Net official flows from UN agencies, UNICEF 930,000 current US$ (1998)
- Net bilateral aid flows from DAC donors, United States 110,000 current US$ (2010)
- Net bilateral aid flows from DAC donors, Total 14.80 million current US$ (2010)
Frequently asked questions
- What is net official development assistance and official aid received in Barbados?
- Net official development assistance and official aid received in Barbados was 16.05 million constant 2023 US$ in 2010, 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 Barbados?
- The highest recorded value was 42.04 million constant 2023 US$ in 1983.
- What is the lowest net official development assistance and official aid received recorded in Barbados?
- The lowest recorded value was -1.06 million constant 2023 US$ in 1999.
- How does Barbados rank for net official development assistance and official aid received?
- Barbados ranks 152nd out of 180 countries with data for 2010.
- Is net official development assistance and official aid received rising or falling in Barbados?
- Over the last ten years it is up 390.2%. The long-run trend across the full record is volatile.
- Where does this Barbados 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.