Net official development assistance received in Cayman Islands
Cayman Islands: Net official development assistance received was -2.64 million constant 2023 US$ in 1996. ◆ Volatile
Net official development assistance received in Cayman Islands, 1974–1996
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
The most recent figure for net official development assistance received in Cayman Islands is -2.64 million constant 2023 US$, measured in 1996. That is the lowest value across all 23 years on record.
That represents a change of down 282.0% on the previous year and down 160.8% over ten years.
Over the whole period, net official development assistance received in Cayman Islands peaked at 22.72 million constant 2023 US$ in 1988 and was at its lowest, -2.64 million constant 2023 US$, in 1996.
That places Cayman Islands 166th out of 171 countries with data for 1996, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Cayman Islands, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1974 | 9.81 million constant 2023 US$ | — |
| 1975 | 6.89 million constant 2023 US$ | -29.7% |
| 1976 | 9.53 million constant 2023 US$ | +38.2% |
| 1977 | 6.49 million constant 2023 US$ | -31.9% |
| 1978 | 11.95 million constant 2023 US$ | +84.1% |
| 1979 | 2.23 million constant 2023 US$ | -81.3% |
| 1980 | 3.62 million constant 2023 US$ | +62.5% |
| 1981 | 2.64 million constant 2023 US$ | -27.0% |
| 1982 | 1.50 million constant 2023 US$ | -43.1% |
| 1983 | 986,099 constant 2023 US$ | -34.5% |
| 1984 | 930,803 constant 2023 US$ | -5.6% |
| 1985 | 168,479 constant 2023 US$ | -81.9% |
| 1986 | 4.34 million constant 2023 US$ | +2475.6% |
| 1987 | 4.23 million constant 2023 US$ | -2.5% |
| 1988 | 22.72 million constant 2023 US$ | +437.0% |
| 1989 | 2.31 million constant 2023 US$ | -89.8% |
| 1990 | 4.72 million constant 2023 US$ | +104.5% |
| 1991 | -422,495 constant 2023 US$ | -108.9% |
| 1992 | 57,956 constant 2023 US$ | -113.7% |
| 1993 | -549,019 constant 2023 US$ | -1047.3% |
| 1994 | -1.44 million constant 2023 US$ | +161.9% |
| 1995 | -690,478 constant 2023 US$ | -52.0% |
| 1996 | -2.64 million constant 2023 US$ | +282.0% |
Cayman Islands compared with similar countries
- Cayman Islands's -2.64 million constant 2023 US$ is below the median for high income countries, which is 16.05 million constant 2023 US$. (39 countries reporting)
- Cayman Islands's -2.64 million constant 2023 US$ is below the median for Latin America & Caribbean, which is 142.19 million constant 2023 US$. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Cayman Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +2475.6% | 168,479 constant 2023 US$ | 4.34 million constant 2023 US$ |
| 1993 | -1047.3% | 57,956 constant 2023 US$ | -549,019 constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.81 million constant 2023 US$ | 2.23 million constant 2023 US$ | 11.95 million constant 2023 US$ | 6 |
| 1980s | 4.35 million constant 2023 US$ | 168,479 constant 2023 US$ | 22.72 million constant 2023 US$ | 10 |
| 1990s | -136,411 constant 2023 US$ | -2.64 million constant 2023 US$ | 4.72 million constant 2023 US$ | 7 |
Countries ranked near Cayman Islands
- 163 Macao 349,491 constant 2023 US$ compare
- 164 Northern Mariana Islands 173,631 constant 2023 US$ compare
- 165 Gibraltar 40,816 constant 2023 US$ compare
- 167 Bermuda -5.24 million constant 2023 US$ compare
- 168 Aruba -12.81 million constant 2023 US$ compare
- 169 South Korea -54.01 million constant 2023 US$ compare
More aid effectiveness data for Cayman Islands
- Net bilateral aid flows from DAC donors, Canada 30,000 current US$ (1988)
- Net bilateral aid flows from DAC donors, European Union institutions -180,000 current US$ (1996)
- Net bilateral aid flows from DAC donors, Germany -1.99 million current US$ (1996)
- Net bilateral aid flows from DAC donors, United Kingdom -60,000 current US$ (1996)
- Net bilateral aid flows from DAC donors, Total 400,000 current US$ (2004)
- Net official flows from UN agencies, UNDP 200,000 current US$ (1996)
- Net official development assistance and official aid received -2.03 million current US$ (1996)
- Net official development assistance and official aid received 530,000 constant 2023 US$ (2004)
- Net official development assistance received -2.03 million current US$ (1996)
- Net ODA received per capita -59.46 current US$ (1996)
Frequently asked questions
- What is net official development assistance received in Cayman Islands?
- Net official development assistance received in Cayman Islands was -2.64 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 Cayman Islands?
- The highest recorded value was 22.72 million constant 2023 US$ in 1988.
- What is the lowest net official development assistance received recorded in Cayman Islands?
- The lowest recorded value was -2.64 million constant 2023 US$ in 1996.
- How does Cayman Islands rank for net official development assistance received?
- Cayman Islands ranks 166th out of 171 countries with data for 1996.
- Is net official development assistance received rising or falling in Cayman Islands?
- Over the last ten years it is down 160.8%. The long-run trend across the full record is volatile.
- Where does this Cayman 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 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.