Net official development assistance received in Bermuda
Bermuda: Net official development assistance received was -5.24 million constant 2023 US$ in 1996. ◆ Volatile
Net official development assistance received in Bermuda, 1964–1996
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
The most recent figure for net official development assistance received in Bermuda is -5.24 million constant 2023 US$, measured in 1996.
Compared with earlier readings it is down 105.9% on the previous year and down 2,590.8% over ten years.
Over the whole period, net official development assistance received in Bermuda peaked at 68.74 million constant 2023 US$ in 1990 and was at its lowest, -17.77 million constant 2023 US$, in 1994.
That places Bermuda 167th out of 171 countries with data for 1996, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Bermuda, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1964 | 102,273 constant 2023 US$ | — |
| 1965 | 482,073 constant 2023 US$ | +371.4% |
| 1966 | 533,993 constant 2023 US$ | +10.8% |
| 1967 | 544,053 constant 2023 US$ | +1.9% |
| 1968 | 368,808 constant 2023 US$ | -32.2% |
| 1969 | 93,628 constant 2023 US$ | -74.6% |
| 1970 | 85,179 constant 2023 US$ | -9.0% |
| 1972 | 70,158 constant 2023 US$ | -17.6% |
| 1974 | 177,764 constant 2023 US$ | +153.4% |
| 1975 | 99,304 constant 2023 US$ | -44.1% |
| 1976 | 158,844 constant 2023 US$ | +60.0% |
| 1977 | 323,164 constant 2023 US$ | +103.4% |
| 1978 | 517,147 constant 2023 US$ | +60.0% |
| 1979 | 421,935 constant 2023 US$ | -18.4% |
| 1980 | 697,004 constant 2023 US$ | +65.2% |
| 1981 | 541,420 constant 2023 US$ | -22.3% |
| 1982 | 178,651 constant 2023 US$ | -67.0% |
| 1983 | 192,974 constant 2023 US$ | +8.0% |
| 1984 | 225,064 constant 2023 US$ | +16.6% |
| 1985 | 3.22 million constant 2023 US$ | +1331.6% |
| 1986 | 210,502 constant 2023 US$ | -93.5% |
| 1987 | 462,294 constant 2023 US$ | +119.6% |
| 1988 | 73,525 constant 2023 US$ | -84.1% |
| 1989 | 196,095 constant 2023 US$ | +166.7% |
| 1990 | 68.74 million constant 2023 US$ | +34955.4% |
| 1991 | -7.67 million constant 2023 US$ | -111.2% |
| 1992 | -7.24 million constant 2023 US$ | -5.5% |
| 1993 | -7.13 million constant 2023 US$ | -1.6% |
| 1994 | -17.77 million constant 2023 US$ | +149.4% |
| 1995 | -2.55 million constant 2023 US$ | -85.7% |
| 1996 | -5.24 million constant 2023 US$ | +105.9% |
Bermuda compared with similar countries
- Bermuda's -5.24 million constant 2023 US$ is below the median for high income countries, which is 16.05 million constant 2023 US$. (39 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +34955.4% | 196,095 constant 2023 US$ | 68.74 million constant 2023 US$ |
| 1985 | +1331.6% | 225,064 constant 2023 US$ | 3.22 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 354,138 constant 2023 US$ | 93,628 constant 2023 US$ | 544,053 constant 2023 US$ | 6 |
| 1970s | 231,687 constant 2023 US$ | 70,158 constant 2023 US$ | 517,147 constant 2023 US$ | 8 |
| 1980s | 599,946 constant 2023 US$ | 73,525 constant 2023 US$ | 3.22 million constant 2023 US$ | 10 |
| 1990s | 3.02 million constant 2023 US$ | -17.77 million constant 2023 US$ | 68.74 million constant 2023 US$ | 7 |
Countries ranked near Bermuda
- 164 Northern Mariana Islands 173,631 constant 2023 US$ compare
- 165 Gibraltar 40,816 constant 2023 US$ compare
- 166 Cayman Islands -2.64 million constant 2023 US$ compare
- 168 Aruba -12.81 million constant 2023 US$ compare
- 169 South Korea -54.01 million constant 2023 US$ compare
- 170 Saudi Arabia -113.44 million constant 2023 US$ compare
More aid effectiveness data for Bermuda
- Net bilateral aid flows from DAC donors, Germany -4.14 million current US$ (1996)
- Net bilateral aid flows from DAC donors, United Kingdom 70,000 current US$ (1996)
- Net bilateral aid flows from DAC donors, Total 490,000 current US$ (1998)
- Net official flows from UN agencies, UNDP 70,000 current US$ (1991)
- Net official development assistance and official aid received -4.07 million current US$ (1996)
- Net official development assistance and official aid received 110,000 constant 2023 US$ (2004)
- Net official development assistance received -4.07 million current US$ (1996)
- Net ODA received per capita -68.05 current US$ (1996)
- Net official development assistance received (constant 2023 US$), per -87.66 constant 2023 US$ per person (1996)
- Net official development assistance received (constant 2023 US$), per -0.0019 constant 2023 US$ per US$ of GDP (1996)
Frequently asked questions
- What is net official development assistance received in Bermuda?
- Net official development assistance received in Bermuda was -5.24 million constant 2023 US$ in 1996, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance received recorded in Bermuda?
- The highest recorded value was 68.74 million constant 2023 US$ in 1990.
- What is the lowest net official development assistance received recorded in Bermuda?
- The lowest recorded value was -17.77 million constant 2023 US$ in 1994.
- How does Bermuda rank for net official development assistance received?
- Bermuda ranks 167th out of 171 countries with data for 1996.
- Is net official development assistance received rising or falling in Bermuda?
- Over the last ten years it is down 2,590.8%. The long-run trend across the full record is volatile.
- Where does this Bermuda 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 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). Data are in constant 2023 U.S. dollars.