Net official development assistance and official aid received in Cayman Islands
Cayman Islands: Net official development assistance and official aid received was -2.03 million current US$ in 1996. ◆ Volatile
Net official development assistance and official aid received in Cayman Islands, 1974–1996
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 1996, net official development assistance and official aid received in Cayman Islands stood at -2.03 million current US$. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 256.1% on the previous year and down 203.0% over ten years.
Over the whole period, net official development assistance and official aid received in Cayman Islands peaked at 12.09 million current US$ in 1988 and was at its lowest, -2.03 million current US$, in 1996.
Cayman Islands ranks 175th of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.81 million current US$ | 740,000 current US$ | 3.24 million current US$ | 6 |
| 1980s | 2.13 million current US$ | 70,000 current US$ | 12.09 million current US$ | 10 |
| 1990s | -197,143 current US$ | -2.03 million current US$ | 2.99 million current US$ | 7 |
Countries ranked near Cayman Islands
More aid effectiveness data for Cayman Islands
- Net ODA received per capita -59.46 current US$ (1996)
- Net official development assistance received -2.64 million constant 2023 US$ (1996)
- Net official development assistance received -2.03 million current US$ (1996)
- Net official development assistance and official aid received 530,000 constant 2023 US$ (2004)
- Net official flows from UN agencies, UNDP 200,000 current US$ (1996)
- Net bilateral aid flows from DAC donors, Total 400,000 current US$ (2004)
- 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, Canada 30,000 current US$ (1988)
- Net bilateral aid flows from DAC donors, European Union institutions -180,000 current US$ (1996)
Frequently asked questions
- What is net official development assistance and official aid received in Cayman Islands?
- Net official development assistance and official aid received in Cayman Islands was -2.03 million current US$ in 1996, 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 Cayman Islands?
- The highest recorded value was 12.09 million current US$ in 1988.
- What is the lowest net official development assistance and official aid received recorded in Cayman Islands?
- The lowest recorded value was -2.03 million current US$ in 1996.
- How does Cayman Islands rank for net official development assistance and official aid received?
- Cayman Islands ranks 175th out of 180 countries with data for 1996.
- Is net official development assistance and official aid received rising or falling in Cayman Islands?
- Over the last ten years it is down 203.0%. 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 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.