Net official development assistance and official aid received in British Virgin Islands
British Virgin Islands: Net official development assistance and official aid received was -1.50 million constant 2023 US$ in 2004. ◆ Volatile
Net official development assistance and official aid received in British Virgin Islands, 1960–2004
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
British Virgin Islands recorded -1.50 million constant 2023 US$ for net official development assistance and official aid received in 2004. That is the lowest value across all 38 years on record.
That represents a change of down 102.7% on the previous year and down 108.3% over ten years.
Over the whole period, net official development assistance and official aid received in British Virgin Islands peaked at 142.31 million constant 2023 US$ in 1967 and was at its lowest, -1.50 million constant 2023 US$, in 2004.
That places British Virgin Islands 177th out of 180 countries with data for 2004, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in British Virgin Islands, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1960 | 704,337 constant 2023 US$ | — |
| 1961 | 3.61 million constant 2023 US$ | +412.4% |
| 1962 | 3.24 million constant 2023 US$ | -10.2% |
| 1963 | 1.29 million constant 2023 US$ | -60.0% |
| 1964 | 1.58 million constant 2023 US$ | +22.2% |
| 1966 | 3.16 million constant 2023 US$ | +99.7% |
| 1967 | 142.31 million constant 2023 US$ | +4404.7% |
| 1974 | 9.90 million constant 2023 US$ | -93.0% |
| 1975 | 11.97 million constant 2023 US$ | +20.9% |
| 1976 | 13.63 million constant 2023 US$ | +13.9% |
| 1977 | 9.74 million constant 2023 US$ | -28.6% |
| 1978 | 4.48 million constant 2023 US$ | -54.0% |
| 1979 | 5.28 million constant 2023 US$ | +17.9% |
| 1980 | 11.21 million constant 2023 US$ | +112.2% |
| 1981 | 9.45 million constant 2023 US$ | -15.6% |
| 1982 | 9.85 million constant 2023 US$ | +4.2% |
| 1983 | 8.71 million constant 2023 US$ | -11.6% |
| 1984 | 5.34 million constant 2023 US$ | -38.7% |
| 1985 | 6.00 million constant 2023 US$ | +12.4% |
| 1986 | 3.53 million constant 2023 US$ | -41.1% |
| 1987 | 4.25 million constant 2023 US$ | +20.2% |
| 1988 | 3.55 million constant 2023 US$ | -16.5% |
| 1989 | 10.49 million constant 2023 US$ | +196.0% |
| 1990 | 8.91 million constant 2023 US$ | -15.1% |
| 1991 | 9.18 million constant 2023 US$ | +3.1% |
| 1992 | 7.93 million constant 2023 US$ | -13.6% |
| 1993 | 5.33 million constant 2023 US$ | -32.7% |
| 1994 | 18.10 million constant 2023 US$ | +239.4% |
| 1995 | 2.02 million constant 2023 US$ | -88.9% |
| 1996 | 1.74 million constant 2023 US$ | -13.7% |
| 1997 | 2.69 million constant 2023 US$ | +54.7% |
| 1998 | 1.57 million constant 2023 US$ | -41.5% |
| 1999 | 3.49 million constant 2023 US$ | +121.9% |
| 2000 | 8.31 million constant 2023 US$ | +138.0% |
| 2001 | 3.82 million constant 2023 US$ | -54.0% |
| 2002 | -180,000 constant 2023 US$ | -104.7% |
| 2003 | -740,000 constant 2023 US$ | +311.1% |
| 2004 | -1.50 million constant 2023 US$ | +102.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.27 million constant 2023 US$ | 704,337 constant 2023 US$ | 142.31 million constant 2023 US$ | 7 |
| 1970s | 9.17 million constant 2023 US$ | 4.48 million constant 2023 US$ | 13.63 million constant 2023 US$ | 6 |
| 1980s | 7.24 million constant 2023 US$ | 3.53 million constant 2023 US$ | 11.21 million constant 2023 US$ | 10 |
| 1990s | 6.10 million constant 2023 US$ | 1.57 million constant 2023 US$ | 18.10 million constant 2023 US$ | 10 |
| 2000s | 1.94 million constant 2023 US$ | -1.50 million constant 2023 US$ | 8.31 million constant 2023 US$ | 5 |
Countries ranked near British Virgin Islands
- 174 Macau, China 130,000 constant 2023 US$ compare
- 175 Bermuda 110,000 constant 2023 US$ compare
- 176 Seychelles 50,000 constant 2023 US$ compare
- 178 Aruba -13.88 million constant 2023 US$ compare
- 179 Republic of Korea -78.83 million constant 2023 US$ compare
- 180 China -267.16 million constant 2023 US$ compare
More aid effectiveness data for British Virgin Islands
- Net bilateral aid flows from DAC donors, Belgium 10,000 current US$ (1993)
- Net bilateral aid flows from DAC donors, Canada 30,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, European Union institutions 50,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, United Kingdom 2.73 million current US$ (1999)
- Net bilateral aid flows from DAC donors, Total 10,000 current US$ (2001)
- Net official flows from UN agencies, UNDP -60,000 current US$ (1999)
- Net official development assistance and official aid received 2.56 million current US$ (1999)
- Net official development assistance received 2.56 million current US$ (1999)
- Net official development assistance received 3.49 million constant 2023 US$ (1999)
- Net ODA received per capita 129.75 current US$ (1999)
Frequently asked questions
- What is net official development assistance and official aid received in British Virgin Islands?
- Net official development assistance and official aid received in British Virgin Islands was -1.50 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 British Virgin Islands?
- The highest recorded value was 142.31 million constant 2023 US$ in 1967.
- What is the lowest net official development assistance and official aid received recorded in British Virgin Islands?
- The lowest recorded value was -1.50 million constant 2023 US$ in 2004.
- How does British Virgin Islands rank for net official development assistance and official aid received?
- British Virgin Islands ranks 177th out of 180 countries with data for 2004.
- Is net official development assistance and official aid received rising or falling in British Virgin Islands?
- Over the last ten years it is down 108.3%. The long-run trend across the full record is volatile.
- Where does this British Virgin Islands 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.