Net official development assistance and official aid received in Turks and Caicos Islands
Turks and Caicos Islands: Net official development assistance and official aid received was 15.39 million current 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 current US$.
Analysis
In 2007, net official development assistance and official aid received in Turks and Caicos Islands stood at 15.39 million current US$.
The figure is up 3,764.3% on the previous year and up 266.4% over ten years.
Over the whole period, net official development assistance and official aid received in Turks and Caicos Islands peaked at 17.50 million current US$ in 1991 and was at its lowest, -420,000 current US$, in 2006.
Turks and Caicos Islands ranks 157th of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Turks and Caicos Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1974 | 2.41 million current US$ | — |
| 1975 | 3.25 million current US$ | +34.9% |
| 1976 | 3.76 million current US$ | +15.7% |
| 1977 | 3.45 million current US$ | -8.2% |
| 1978 | 2.78 million current US$ | -19.4% |
| 1979 | 2.32 million current US$ | -16.5% |
| 1980 | 3.39 million current US$ | +46.1% |
| 1981 | 7.07 million current US$ | +108.6% |
| 1982 | 10.32 million current US$ | +46.0% |
| 1983 | 6.74 million current US$ | -34.7% |
| 1984 | 6.87 million current US$ | +1.9% |
| 1985 | 5.55 million current US$ | -19.2% |
| 1986 | 8.89 million current US$ | +60.2% |
| 1987 | 9.55 million current US$ | +7.4% |
| 1988 | 7.89 million current US$ | -17.4% |
| 1989 | 8.78 million current US$ | +11.3% |
| 1990 | 11.60 million current US$ | +32.1% |
| 1991 | 17.50 million current US$ | +50.9% |
| 1992 | 14.80 million current US$ | -15.4% |
| 1993 | 10.90 million current US$ | -26.4% |
| 1994 | 15.79 million current US$ | +44.9% |
| 1995 | 5.55 million current US$ | -64.9% |
| 1996 | 4.18 million current US$ | -24.7% |
| 1997 | 4.20 million current US$ | +0.5% |
| 1998 | 6.02 million current US$ | +43.3% |
| 1999 | 7.38 million current US$ | +22.6% |
| 2000 | 6.65 million current US$ | -9.9% |
| 2001 | 6.67 million current US$ | +0.3% |
| 2002 | 4.10 million current US$ | -38.5% |
| 2003 | 2.20 million current US$ | -46.3% |
| 2004 | 3.15 million current US$ | +43.2% |
| 2005 | 5.20 million current US$ | +65.1% |
| 2006 | -420,000 current US$ | -108.1% |
| 2007 | 15.39 million current US$ | -3764.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.00 million current US$ | 2.32 million current US$ | 3.76 million current US$ | 6 |
| 1980s | 7.50 million current US$ | 3.39 million current US$ | 10.32 million current US$ | 10 |
| 1990s | 9.79 million current US$ | 4.18 million current US$ | 17.50 million current US$ | 10 |
| 2000s | 5.37 million current US$ | -420,000 current US$ | 15.39 million current US$ | 8 |
Countries ranked near Turks and Caicos Islands
- 154 Singapore 16.66 million current US$ compare
- 155 Seychelles 16.20 million current US$ compare
- 156 Barbados 15.58 million current US$ compare
- 158 Korea, Democratic People's Republic of 14.42 million current US$ compare
- 159 Hong Kong, China 13.20 million current US$ compare
- 160 Equatorial Guinea 11.66 million current 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 16.47 million constant 2023 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 15.39 million current 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 17.50 million current US$ in 1991.
- What is the lowest net official development assistance and official aid received recorded in Turks and Caicos Islands?
- The lowest recorded value was -420,000 current US$ in 2006.
- How does Turks and Caicos Islands rank for net official development assistance and official aid received?
- Turks and Caicos Islands ranks 157th out of 180 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 266.4%. 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 (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.