Antigua and Barbuda - Net ODA received per capita (current US$)

Net ODA received per capita (current US$) in Antigua and Barbuda was 282.55 as of 2019. Its highest value over the past 46 years was 282.55 in 2019, while its lowest value was 0.16 in 1973.

Definition: Net official development assistance (ODA) per capita 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; and is calculated by dividing net ODA received by the midyear population estimate. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent).

Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data

See also:

Year Value
1973 0.16
1974 47.54
1975 32.87
1976 49.88
1977 86.55
1978 58.03
1979 52.95
1980 88.91
1981 146.30
1982 80.12
1983 54.55
1984 38.20
1985 47.75
1986 81.78
1987 90.09
1988 136.82
1989 69.99
1990 73.72
1991 114.10
1992 72.45
1993 45.61
1994 61.90
1995 33.06
1996 55.15
1997 60.66
1998 136.30
1999 145.16
2000 129.99
2001 111.12
2002 172.55
2003 70.99
2004 23.65
2005 98.94
2006 39.65
2007 59.38
2008 71.08
2009 49.11
2010 223.33
2011 172.77
2012 23.12
2013 17.38
2014 27.55
2015 15.92
2016 1.90
2017 107.94
2018 182.69
2019 282.55

Development Relevance: The ratio of aid per capita provides a measure of recipient country's dependency on aid. DAC exists to help its members coordinate their development assistance and to encourage the expansion and improve the effectiveness of the aggregate resources flowing to recipient economies. In this capacity DAC monitors the flow of all financial resources, but its main concern is official development assistance (ODA). Grants or loans to countries and territories on the DAC list of aid recipients have to meet three criteria to be counted as ODA. They are provided by official agencies, including state and local governments, or by their executive agencies. They promote economic development and welfare as the main objective. And they are provided on concessional financial terms (loans must have a grant element of at least 25 percent, calculated at a discount rate of 10 percent). The DAC Statistical Reporting Directives provide the most detailed explanation of this definition and all ODA-related rules. DAC statistics aim to meet the needs of policy makers in the field of development co-operation, and to provide a means of assessing the comparative performance of aid donors. DAC statistics are used extensively in the Peer Reviews conducted for each DAC member every four to five years, and have a wide range of other applications. They are used to measure donors' compliance with various international recommendations in the field of development co-operation (terms, volume), and are indispensable for analysis of virtually every aspect of development and development co-operation. From 1960 to 1990, official development assistance (ODA) flows from DAC countries to developing countries rose steadily, but then fell sharply in the 1990s. Since then, a series of high-profile international conferences have boosted ODA flows. In the mid-2000s, ODA once again rose due to exceptional debt relief operations for Iraq and Nigeria. Despite the recent financial crisis, ODA flows have continued to rise and in the early 2010s reached their highest real level ever at about USD 130 billion. This demonstrates how effective aid pledges can be when they are made on the basis of adequate resources and backed by strong political will.

Limitations and Exceptions: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Because the indicator relies on information from donors, it is not necessarily consistent with information recorded by recipients in the balance of payments, which often excludes all or some technical assistance - particularly payments to expatriates made directly by the donor. Similarly, grant commodity aid may not always be recorded in trade data or in the balance of payments. Moreover, DAC statistics exclude aid for military and antiterrorism purposes. The aggregates refer to World Bank classifications of economies and therefore may differ from those of the OECD.

Statistical Concept and Methodology: Net official development assistance (ODA) per capita 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). Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship - except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. The values shown are midyear estimates. Net official development assistance per capita is net ODA divided by midyear population. The flows of official and private financial resources from the members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to developing economies are compiled by DAC, based principally on reporting by DAC members using standard questionnaires issued by the DAC Secretariat. This definition excludes nonconcessional flows from official creditors, which are classified as "other official flows," and aid for military and anti-terrorism purposes. Transfer payments to private individuals, such as pensions, reparations, and insurance payouts, are in general not counted. In addition to financial flows, ODA includes technical cooperation, most expenditures for peacekeeping under UN mandates and assistance to refugees, contributions to multilateral institutions such as the United Nations and its specialized agencies, and concessional funding to multilateral development banks. Flows are transfers of resources, either in cash or in the form of commodities or services measured on a cash basis. Short-term capital transactions (with one year or less maturity) are not counted. Repayments of the principal (but not interest) of ODA loans are recorded as negative flows. Proceeds from official equity investments in a developing country are reported as ODA, while proceeds from their later sale are recorded as negative flows. The official development assistance (ODA) estimates are published annually at the end of the calendar year in International Development Statistics (IDS) database.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Official development assistance