Net bilateral aid flows from DAC donors, European Union institutions in Latin America & Caribbean
Latin America & Caribbean: Net bilateral aid flows from DAC donors, European Union institutions was 739.82 million current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, European Union institutions in Latin America & Caribbean, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
Latin America & Caribbean recorded 739.82 million current US$ for net bilateral aid flows from dac donors, european union institutions in 2023.
The figure is down 10.9% on the previous year and down 21.7% over ten years.
Over the whole period, net bilateral aid flows from dac donors, european union institutions in Latin America & Caribbean peaked at 1.27 billion current US$ in 2020 and was at its lowest, 0 current US$, in 1960.
That places Latin America & Caribbean 30th out of 47 groups with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, European Union institutions in Latin America & Caribbean, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 0 current US$ | — |
| 1961 | 10,000 current US$ | — |
| 1962 | 0 current US$ | -100.0% |
| 1963 | 1.14 million current US$ | — |
| 1964 | 4.45 million current US$ | +290.4% |
| 1965 | 2.85 million current US$ | -36.0% |
| 1966 | 6.01 million current US$ | +110.9% |
| 1967 | 3.73 million current US$ | -37.9% |
| 1968 | 5.15 million current US$ | +38.1% |
| 1969 | 2.56 million current US$ | -50.3% |
| 1970 | 9.22 million current US$ | +260.2% |
| 1971 | 13.89 million current US$ | +50.7% |
| 1972 | 23.31 million current US$ | +67.8% |
| 1973 | 15.94 million current US$ | -31.6% |
| 1974 | 20.45 million current US$ | +28.3% |
| 1975 | 23.60 million current US$ | +15.4% |
| 1976 | 13.83 million current US$ | -41.4% |
| 1977 | 18.68 million current US$ | +35.1% |
| 1978 | 44.10 million current US$ | +136.1% |
| 1979 | 31.53 million current US$ | -28.5% |
| 1980 | 60.17 million current US$ | +90.8% |
| 1981 | 62.15 million current US$ | +3.3% |
| 1982 | 41.81 million current US$ | -32.7% |
| 1983 | 49.35 million current US$ | +18.0% |
| 1984 | 75.66 million current US$ | +53.3% |
| 1985 | 65.91 million current US$ | -12.9% |
| 1986 | 97.37 million current US$ | +47.7% |
| 1987 | 158.81 million current US$ | +63.1% |
| 1988 | 235.12 million current US$ | +48.1% |
| 1989 | 255.02 million current US$ | +8.5% |
| 1990 | 243.21 million current US$ | -4.6% |
| 1991 | 241.13 million current US$ | -0.9% |
| 1992 | 296.30 million current US$ | +22.9% |
| 1993 | 335.18 million current US$ | +13.1% |
| 1994 | 414.87 million current US$ | +23.8% |
| 1995 | 598.83 million current US$ | +44.3% |
| 1996 | 629.15 million current US$ | +5.1% |
| 1997 | 507.97 million current US$ | -19.3% |
| 1998 | 616.02 million current US$ | +21.3% |
| 1999 | 519.63 million current US$ | -15.6% |
| 2000 | 325.26 million current US$ | -37.4% |
| 2001 | 544.07 million current US$ | +67.3% |
| 2002 | 311.65 million current US$ | -42.7% |
| 2003 | 474.24 million current US$ | +52.2% |
| 2004 | 570.51 million current US$ | +20.3% |
| 2005 | 620.14 million current US$ | +8.7% |
| 2006 | 762.30 million current US$ | +22.9% |
| 2007 | 985.26 million current US$ | +29.2% |
| 2008 | 1.05 billion current US$ | +7.0% |
| 2009 | 1.10 billion current US$ | +4.2% |
| 2010 | 1.26 billion current US$ | +14.9% |
| 2011 | 1.26 billion current US$ | -0.4% |
| 2012 | 1.19 billion current US$ | -5.4% |
| 2013 | 944.92 million current US$ | -20.5% |
| 2014 | 643.74 million current US$ | -31.9% |
| 2015 | 1.05 billion current US$ | +63.3% |
| 2016 | 1.09 billion current US$ | +3.3% |
| 2017 | 773.04 million current US$ | -28.8% |
| 2018 | 1.22 billion current US$ | +57.2% |
| 2019 | 736.14 million current US$ | -39.4% |
| 2020 | 1.27 billion current US$ | +72.4% |
| 2021 | 954.41 million current US$ | -24.8% |
| 2022 | 830.12 million current US$ | -13.0% |
| 2023 | 739.82 million current US$ | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.59 million current US$ | 0 current US$ | 6.01 million current US$ | 10 |
| 1970s | 21.45 million current US$ | 9.22 million current US$ | 44.10 million current US$ | 10 |
| 1980s | 110.14 million current US$ | 41.81 million current US$ | 255.02 million current US$ | 10 |
| 1990s | 440.23 million current US$ | 241.13 million current US$ | 629.15 million current US$ | 10 |
| 2000s | 674.62 million current US$ | 311.65 million current US$ | 1.10 billion current US$ | 10 |
| 2010s | 1.02 billion current US$ | 643.74 million current US$ | 1.26 billion current US$ | 10 |
| 2020s | 948.41 million current US$ | 739.82 million current US$ | 1.27 billion current US$ | 4 |
Countries ranked near Latin America & Caribbean
- 27 North Macedonia 160.45 million current US$ compare
- 28 Russian Federation 160.07 million current US$ compare
- 29 Somalia 155.74 million current US$ compare
- 30 Malawi 152.37 million current US$ compare
- 31 Kenya 150.79 million current US$ compare
- 32 Niger 146.22 million current US$ compare
- 33 Mozambique 143.09 million current US$ compare
More aid effectiveness data for Latin America & Caribbean
- Net bilateral aid flows from DAC donors, Austria 23.96 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 24.94 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 364.58 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 164.77 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 670.73 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 874.04 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 195.05 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 86.76 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 665.35 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Norway 132.67 million current US$ (2023)
Frequently asked questions
- What is net bilateral aid flows from dac donors, european union institutions in Latin America & Caribbean?
- Net bilateral aid flows from dac donors, european union institutions in Latin America & Caribbean was 739.82 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, european union institutions recorded in Latin America & Caribbean?
- The highest recorded value was 1.27 billion current US$ in 2020.
- What is the lowest net bilateral aid flows from dac donors, european union institutions recorded in Latin America & Caribbean?
- The lowest recorded value was 0 current US$ in 1960.
- How does Latin America & Caribbean rank for net bilateral aid flows from dac donors, european union institutions?
- Latin America & Caribbean ranks 30th out of 47 groups with data for 2023.
- Is net bilateral aid flows from dac donors, european union institutions rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 21.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, European Union institutions (current US$). Statizoid updates them automatically from the source API.
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About this data
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows 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. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.