Net official development assistance and official aid … 2023 aid in Turks and Caicos Islands
Turks and Caicos Islands: Net official development assistance and official aid … 2023 aid was 16.47 million constant 2023 US$ in 2007. ◆ Volatile
Net official development assistance and official aid received in Turks and Caicos Islands, 1974–2007
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
In 2007, net official development assistance and official aid received in Turks and Caicos Islands stood at 16.47 million constant 2023 US$.
That represents a change of up 3,352.6% on the previous year and up 182.5% over ten years.
Over the whole period, net official development assistance and official aid received in Turks and Caicos Islands peaked at 26.51 million constant 2023 US$ in 1982 and was at its lowest, -506,385 constant 2023 US$, in 2006.
That places Turks and Caicos Islands 152nd out of 181 countries with data for 2007, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid … 2023 aid in Turks and Caicos Islands, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1974 | 14.20 million constant 2023 US$ | — |
| 1975 | 16.10 million constant 2023 US$ | +13.4% |
| 1976 | 19.81 million constant 2023 US$ | +23.1% |
| 1977 | 16.48 million constant 2023 US$ | -16.8% |
| 1978 | 10.78 million constant 2023 US$ | -34.6% |
| 1979 | 7.10 million constant 2023 US$ | -34.1% |
| 1980 | 8.02 million constant 2023 US$ | +12.9% |
| 1981 | 17.12 million constant 2023 US$ | +113.5% |
| 1982 | 26.51 million constant 2023 US$ | +54.8% |
| 1983 | 18.86 million constant 2023 US$ | -28.8% |
| 1984 | 20.29 million constant 2023 US$ | +7.6% |
| 1985 | 16.30 million constant 2023 US$ | -19.7% |
| 1986 | 21.96 million constant 2023 US$ | +34.7% |
| 1987 | 20.21 million constant 2023 US$ | -7.9% |
| 1988 | 14.52 million constant 2023 US$ | -28.2% |
| 1989 | 16.24 million constant 2023 US$ | +11.9% |
| 1990 | 18.61 million constant 2023 US$ | +14.6% |
| 1991 | 26.24 million constant 2023 US$ | +41.0% |
| 1992 | 21.38 million constant 2023 US$ | -18.5% |
| 1993 | 17.75 million constant 2023 US$ | -17.0% |
| 1994 | 24.83 million constant 2023 US$ | +39.9% |
| 1995 | 8.26 million constant 2023 US$ | -66.7% |
| 1996 | 6.03 million constant 2023 US$ | -26.9% |
| 1997 | 5.83 million constant 2023 US$ | -3.4% |
| 1998 | 8.34 million constant 2023 US$ | +43.1% |
| 1999 | 10.52 million constant 2023 US$ | +26.1% |
| 2000 | 9.81 million constant 2023 US$ | -6.7% |
| 2001 | 10.22 million constant 2023 US$ | +4.2% |
| 2002 | 6.02 million constant 2023 US$ | -41.1% |
| 2003 | 2.93 million constant 2023 US$ | -51.4% |
| 2004 | 3.80 million constant 2023 US$ | +29.7% |
| 2005 | 6.23 million constant 2023 US$ | +64.0% |
| 2006 | -506,385 constant 2023 US$ | -108.1% |
| 2007 | 16.47 million constant 2023 US$ | -3352.6% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 16.47 million constant 2023 US$ is above the median for high income countries, which is 16.05 million constant 2023 US$, 1.0× the median. (49 countries reporting)
- Turks and Caicos Islands's 16.47 million constant 2023 US$ is below the median for Latin America & Caribbean, which is 142.19 million constant 2023 US$, 12% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid … 2023 aid in Turks and Caicos Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +3352.6% | -506,385 constant 2023 US$ | 16.47 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.08 million constant 2023 US$ | 7.10 million constant 2023 US$ | 19.81 million constant 2023 US$ | 6 |
| 1980s | 18.00 million constant 2023 US$ | 8.02 million constant 2023 US$ | 26.51 million constant 2023 US$ | 10 |
| 1990s | 14.78 million constant 2023 US$ | 5.83 million constant 2023 US$ | 26.24 million constant 2023 US$ | 10 |
| 2000s | 6.87 million constant 2023 US$ | -506,385 constant 2023 US$ | 16.47 million constant 2023 US$ | 8 |
Countries ranked near Turks and Caicos Islands
- 149 Saint Kitts and Nevis 30.86 million constant 2023 US$ compare
- 150 Palau 28.79 million constant 2023 US$ compare
- 151 Saint Vincent and the Grenadines 21.28 million constant 2023 US$ compare
- 153 Barbados 16.05 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
More aid effectiveness data for Turks and Caicos Islands
- Net bilateral aid flows from DAC donors, Canada 2.16 million current US$ (2007)
- Net bilateral aid flows from DAC donors, European Union institutions 11.88 million current US$ (2007)
- Net bilateral aid flows from DAC donors, United Kingdom 480,000 current US$ (2007)
- Net bilateral aid flows from DAC donors, Total 14.52 million current US$ (2007)
- Net official flows from UN agencies, UNDP 440,000 current US$ (2002)
- Net official development assistance and official aid received 15.39 million current US$ (2007)
- Net official development assistance received 15.39 million current US$ (2007)
- Net official development assistance received 16.47 million constant 2023 US$ (2007)
- Net ODA received per capita 585.84 current US$ (2007)
- Net official development assistance received (constant 2023 US$), per 626.98 constant 2023 US$ per person (2007)
Frequently asked questions
- What is net official development assistance and official aid received in Turks and Caicos Islands?
- Net official development assistance and official aid received in Turks and Caicos Islands was 16.47 million constant 2023 US$ in 2007, 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 Turks and Caicos Islands?
- The highest recorded value was 26.51 million constant 2023 US$ in 1982.
- What is the lowest net official development assistance and official aid received recorded in Turks and Caicos Islands?
- The lowest recorded value was -506,385 constant 2023 US$ in 2006.
- How does Turks and Caicos Islands rank for net official development assistance and official aid received?
- Turks and Caicos Islands ranks 152nd out of 181 countries with data for 2007.
- Is net official development assistance and official aid received rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 182.5%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos 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.