Net bilateral aid flows from DAC donors, Iceland in Latin America & Caribbean

Latin America & Caribbean: Net bilateral aid flows from DAC donors, Iceland was 326,825 current US$ in 2023. ◆ Volatile

Latest (2023)
326,825 current US$
Change on year
down 47.2%
Rank
32nd
of 41 groups
All-time high
2.39 million current US$
in 2008
All-time low
0 current US$
in 1960
Years of data
64
1960–2023

Net bilateral aid flows from DAC donors, Iceland in Latin America & Caribbean, 1960–2023

0500.0k1.0M1.5M2.0M2.5M196019912023

Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.

Analysis

In 2023, net bilateral aid flows from dac donors, iceland in Latin America & Caribbean stood at 326,825 current US$.

The figure is down 47.2% on the previous year and up 30.7% over ten years.

Over the whole period, net bilateral aid flows from dac donors, iceland in Latin America & Caribbean peaked at 2.39 million current US$ in 2008 and was at its lowest, 0 current US$, in 1960.

That places Latin America & Caribbean 32nd out of 41 groups with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Net bilateral aid flows from DAC donors, Iceland in Latin America & Caribbean, year by year

Annual values for Net bilateral aid flows from DAC donors, Iceland (current US$) in Latin America & Caribbean, 1960 to 2023.
Year current US$ Change
1960 0 current US$
1961 0 current US$
1962 0 current US$
1963 0 current US$
1964 0 current US$
1965 0 current US$
1966 0 current US$
1967 0 current US$
1968 0 current US$
1969 0 current US$
1970 0 current US$
1971 0 current US$
1972 0 current US$
1973 0 current US$
1974 0 current US$
1975 0 current US$
1976 0 current US$
1977 0 current US$
1978 0 current US$
1979 0 current US$
1980 0 current US$
1981 0 current US$
1982 0 current US$
1983 0 current US$
1984 0 current US$
1985 0 current US$
1986 0 current US$
1987 0 current US$
1988 0 current US$
1989 0 current US$
1990 0 current US$
1991 0 current US$
1992 0 current US$
1993 0 current US$
1994 0 current US$
1995 0 current US$
1996 0 current US$
1997 0 current US$
1998 0 current US$
1999 0 current US$
2000 0 current US$
2001 0 current US$
2002 0 current US$
2003 0 current US$
2004 0 current US$
2005 130,000 current US$
2006 1.13 million current US$ +769.2%
2007 1.05 million current US$ -7.1%
2008 2.39 million current US$ +127.6%
2009 2.10 million current US$ -12.1%
2010 1.53 million current US$ -27.1%
2011 750,000 current US$ -51.0%
2012 970,000 current US$ +29.3%
2013 250,000 current US$ -74.2%
2014 0 current US$ -100.0%
2015 0 current US$
2016 265,914 current US$
2017 0 current US$ -100.0%
2018 537,817 current US$
2019 328,405 current US$ -38.9%
2020 308,403 current US$ -6.1%
2021 183,860 current US$ -40.4%
2022 619,216 current US$ +236.8%
2023 326,825 current US$ -47.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0 current US$ 0 current US$ 0 current US$ 10
1970s 0 current US$ 0 current US$ 0 current US$ 10
1980s 0 current US$ 0 current US$ 0 current US$ 10
1990s 0 current US$ 0 current US$ 0 current US$ 10
2000s 680,000 current US$ 0 current US$ 2.39 million current US$ 10
2010s 463,214 current US$ 0 current US$ 1.53 million current US$ 10
2020s 359,576 current US$ 183,860 current US$ 619,216 current US$ 4

Countries ranked near Latin America & Caribbean

  1. 29 South Africa 69,186 current US$ compare
  2. 30 Sudan 60,000 current US$ compare
  3. 31 Belarus 57,470 current US$ compare
  4. 32 Togo 54,038 current US$ compare
  5. 33 Vietnam 24,784 current US$ compare
  6. 34 Bosnia and Herzegovina 20,000 current US$ compare
  7. 35 Kazakhstan 13,858 current US$ compare

See the full ranking of 79 places →

More aid effectiveness data for Latin America & Caribbean

All data for Latin America & Caribbean →

Frequently asked questions

What is net bilateral aid flows from dac donors, iceland in Latin America & Caribbean?
Net bilateral aid flows from dac donors, iceland in Latin America & Caribbean was 326,825 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, iceland recorded in Latin America & Caribbean?
The highest recorded value was 2.39 million current US$ in 2008.
What is the lowest net bilateral aid flows from dac donors, iceland 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, iceland?
Latin America & Caribbean ranks 32nd out of 41 groups with data for 2023.
Is net bilateral aid flows from dac donors, iceland rising or falling in Latin America & Caribbean?
Over the last ten years it is up 30.7%. 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, Iceland (current US$). Statizoid updates them automatically from the source API.

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Net bilateral aid flows from DAC donors, Iceland in Latin America & Caribbean. Statizoid, drawing on Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Retrieved 28 August 2026, from https://aid.statizoid.com/stat/net-bilateral-aid-flows-from-dac-donors-iceland-current-us/latin-america-and-caribbean/

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About this data

Indicator
Net bilateral aid flows from DAC donors, Iceland (current US$)
Unit
current US$
Source
Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
79 places, 2,041 data points, 1960–2023
Last refreshed

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.