Net official development assistance and official aid … 2023 aid in Barbados
Barbados: Net official development assistance and official aid received was 16.05 million constant 2023 US$ in 2010. ◆ Volatile
Net official development assistance and official aid received in Barbados, 1966–2010
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$, in 1999.
That places Barbados 153rd out of 181 countries with data for 2010, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Barbados, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1966 | 13.97 million constant 2023 US$ | — |
| 1967 | 4.70 million constant 2023 US$ | -66.3% |
| 1968 | 7.11 million constant 2023 US$ | +51.3% |
| 1969 | 10.66 million constant 2023 US$ | +49.9% |
| 1970 | 17.89 million constant 2023 US$ | +67.9% |
| 1971 | 32.55 million constant 2023 US$ | +81.9% |
| 1972 | 30.18 million constant 2023 US$ | -7.3% |
| 1973 | 25.44 million constant 2023 US$ | -15.7% |
| 1974 | 17.35 million constant 2023 US$ | -31.8% |
| 1975 | 18.14 million constant 2023 US$ | +4.5% |
| 1976 | 22.22 million constant 2023 US$ | +22.5% |
| 1977 | 17.58 million constant 2023 US$ | -20.9% |
| 1978 | 30.94 million constant 2023 US$ | +76.0% |
| 1979 | 19.53 million constant 2023 US$ | -36.9% |
| 1980 | 17.94 million constant 2023 US$ | -8.1% |
| 1981 | 27.49 million constant 2023 US$ | +53.2% |
| 1982 | 22.80 million constant 2023 US$ | -17.1% |
| 1983 | 42.04 million constant 2023 US$ | +84.4% |
| 1984 | 15.07 million constant 2023 US$ | -64.2% |
| 1985 | 16.57 million constant 2023 US$ | +10.0% |
| 1986 | 10.96 million constant 2023 US$ | -33.9% |
| 1987 | 10.23 million constant 2023 US$ | -6.7% |
| 1988 | 3.70 million constant 2023 US$ | -63.8% |
| 1989 | 1.76 million constant 2023 US$ | -52.4% |
| 1990 | 3.41 million constant 2023 US$ | +93.9% |
| 1991 | 3.47 million constant 2023 US$ | +1.6% |
| 1992 | 1.58 million constant 2023 US$ | -54.4% |
| 1993 | 8.05 million constant 2023 US$ | +409.1% |
| 1994 | 4.18 million constant 2023 US$ | -48.1% |
| 1995 | 281,620 constant 2023 US$ | -93.3% |
| 1996 | 7.73 million constant 2023 US$ | +2644.6% |
| 1997 | 8.80 million constant 2023 US$ | +13.9% |
| 1998 | 26.55 million constant 2023 US$ | +201.6% |
| 1999 | -1.06 million constant 2023 US$ | -104.0% |
| 2000 | 3.27 million constant 2023 US$ | -407.8% |
| 2001 | -129,342 constant 2023 US$ | -104.0% |
| 2002 | 7.38 million constant 2023 US$ | -5804.8% |
| 2003 | 29.40 million constant 2023 US$ | +298.5% |
| 2004 | 37.64 million constant 2023 US$ | +28.0% |
| 2005 | -832,048 constant 2023 US$ | -102.2% |
| 2006 | -442,032 constant 2023 US$ | -46.9% |
| 2007 | 20.22 million constant 2023 US$ | -4675.0% |
| 2008 | 9.52 million constant 2023 US$ | -52.9% |
| 2009 | 12.50 million constant 2023 US$ | +31.2% |
| 2010 | 16.05 million constant 2023 US$ | +28.4% |
Barbados compared with similar countries
- Barbados's 16.05 million constant 2023 US$ is above the median for high income countries, which is 16.05 million constant 2023 US$, 1.0× the median. (49 countries reporting)
- Barbados's 16.05 million constant 2023 US$ is below the median for Latin America & Caribbean, which is 142.19 million constant 2023 US$, 11% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +5804.8% | -129,342 constant 2023 US$ | 7.38 million constant 2023 US$ |
| 2007 | +4675.0% | -442,032 constant 2023 US$ | 20.22 million constant 2023 US$ |
| 1996 | +2644.6% | 281,620 constant 2023 US$ | 7.73 million constant 2023 US$ |
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
- 150 Palau 28.79 million constant 2023 US$ compare
- 151 Saint Vincent and the Grenadines 21.28 million constant 2023 US$ compare
- 152 Turks and Caicos Islands 16.47 million constant 2023 US$ compare
- 154 North Korea 14.42 million constant 2023 US$ compare
- 155 Equatorial Guinea 11.66 million constant 2023 US$ compare
- 156 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 bilateral aid flows from DAC donors, Belgium 20,000 current US$ (1997)
- Net bilateral aid flows from DAC donors, Canada 640,000 current US$ (2010)
- Net bilateral aid flows from DAC donors, European Union institutions 12.35 million current US$ (2010)
- Net bilateral aid flows from DAC donors, Germany 100,000 current US$ (2010)
- Net bilateral aid flows from DAC donors, France 30,000 current US$ (2010)
- Net bilateral aid flows from DAC donors, United Kingdom 80,000 current US$ (2010)
- Net bilateral aid flows from DAC donors, Japan 1.20 million current US$ (2010)
- Net bilateral aid flows from DAC donors, Norway -10,000 current US$ (2001)
- 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 153rd out of 181 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.