Net official development assistance and official aid received in Barbados
Barbados: Net official development assistance and official aid received was 15.58 million current 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 current US$.
Analysis
The most recent figure for net official development assistance and official aid received in Barbados is 15.58 million current US$, measured in 2010.
The figure is up 32.6% on the previous year and up 765.6% over ten years.
Over the whole period, net official development assistance and official aid received in Barbados peaked at 30.30 million current US$ in 2004 and was at its lowest, -890,000 current US$, in 2006.
Barbados ranks 157th of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Barbados, year by year
| Year | current US$ | Change |
|---|---|---|
| 1966 | 1.60 million current US$ | — |
| 1967 | 590,000 current US$ | -63.1% |
| 1968 | 850,000 current US$ | +44.1% |
| 1969 | 1.30 million current US$ | +52.9% |
| 1970 | 2.32 million current US$ | +78.5% |
| 1971 | 4.57 million current US$ | +97.0% |
| 1972 | 4.70 million current US$ | +2.8% |
| 1973 | 4.64 million current US$ | -1.3% |
| 1974 | 3.59 million current US$ | -22.6% |
| 1975 | 4.32 million current US$ | +20.3% |
| 1976 | 5.79 million current US$ | +34.0% |
| 1977 | 4.68 million current US$ | -19.2% |
| 1978 | 8.88 million current US$ | +89.7% |
| 1979 | 6.40 million current US$ | -27.9% |
| 1980 | 7.11 million current US$ | +11.1% |
| 1981 | 10.55 million current US$ | +48.4% |
| 1982 | 8.56 million current US$ | -18.9% |
| 1983 | 16.31 million current US$ | +90.5% |
| 1984 | 5.70 million current US$ | -65.1% |
| 1985 | 6.05 million current US$ | +6.1% |
| 1986 | 4.51 million current US$ | -25.5% |
| 1987 | 4.75 million current US$ | +5.3% |
| 1988 | 1.83 million current US$ | -61.5% |
| 1989 | 990,000 current US$ | -45.9% |
| 1990 | 2.28 million current US$ | +130.3% |
| 1991 | 2.32 million current US$ | +1.8% |
| 1992 | 1.28 million current US$ | -44.8% |
| 1993 | 4.98 million current US$ | +289.1% |
| 1994 | 2.90 million current US$ | -41.8% |
| 1995 | 510,000 current US$ | -82.4% |
| 1996 | 5.73 million current US$ | +1023.5% |
| 1997 | 5.84 million current US$ | +1.9% |
| 1998 | 17.18 million current US$ | +194.2% |
| 1999 | -590,000 current US$ | -103.4% |
| 2000 | 1.80 million current US$ | -405.1% |
| 2001 | 320,000 current US$ | -82.2% |
| 2002 | 4.75 million current US$ | +1384.4% |
| 2003 | 21.27 million current US$ | +347.8% |
| 2004 | 30.30 million current US$ | +42.5% |
| 2005 | -630,000 current US$ | -102.1% |
| 2006 | -890,000 current US$ | +41.3% |
| 2007 | 18.70 million current US$ | -2201.1% |
| 2008 | 9.28 million current US$ | -50.4% |
| 2009 | 11.75 million current US$ | +26.6% |
| 2010 | 15.58 million current US$ | +32.6% |
Barbados compared with similar countries
- Barbados's 15.58 million current US$ is below the median for high income countries, which is 28.79 million current US$, 54% of the median. (49 countries reporting)
- Barbados's 15.58 million current US$ is below the median for Latin America & Caribbean, which is 133.38 million current US$, 12% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +2201.1% | -890,000 current US$ | 18.70 million current US$ |
| 2002 | +1384.4% | 320,000 current US$ | 4.75 million current US$ |
| 1996 | +1023.5% | 510,000 current US$ | 5.73 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.08 million current US$ | 590,000 current US$ | 1.60 million current US$ | 4 |
| 1970s | 4.99 million current US$ | 2.32 million current US$ | 8.88 million current US$ | 10 |
| 1980s | 6.64 million current US$ | 990,000 current US$ | 16.31 million current US$ | 10 |
| 1990s | 4.24 million current US$ | -590,000 current US$ | 17.18 million current US$ | 10 |
| 2000s | 9.66 million current US$ | -890,000 current US$ | 30.30 million current US$ | 10 |
| 2010s | 15.58 million current US$ | 15.58 million current US$ | 15.58 million current US$ | 1 |
Countries ranked near Barbados
- 154 Saint Vincent and the Grenadines 21.28 million current US$ compare
- 155 Singapore 16.66 million current US$ compare
- 156 Seychelles 16.20 million current US$ compare
- 158 Turks and Caicos Islands 15.39 million current US$ compare
- 159 North Korea 14.42 million current US$ compare
- 160 Hong Kong 13.20 million current 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 15.58 million current 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 30.30 million current US$ in 2004.
- What is the lowest net official development assistance and official aid received recorded in Barbados?
- The lowest recorded value was -890,000 current US$ in 2006.
- How does Barbados rank for net official development assistance and official aid received?
- Barbados ranks 157th 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 765.6%. 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 (current 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 current U.S. dollars.