Net bilateral aid flows from DAC donors, Total (current US$) in Venezuela
Venezuela: Net bilateral aid flows from DAC donors, Total (current US$) was 340.81 million current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, Total in Venezuela, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
Venezuela recorded 340.81 million current US$ for net bilateral aid flows from dac donors, total in 2023. That is the highest value across all 64 years on record.
The figure is up 36.4% on the previous year and up 1,051.3% over ten years.
Over the whole period, net bilateral aid flows from dac donors, total in Venezuela peaked at 340.81 million current US$ in 2023 and was at its lowest, -54.42 million current US$, in 1964.
That places Venezuela 73rd out of 181 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, Total (current US$) in Venezuela, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 760,000 current US$ | — |
| 1961 | 8.92 million current US$ | +1073.7% |
| 1962 | 80.31 million current US$ | +800.3% |
| 1963 | 43.49 million current US$ | -45.8% |
| 1964 | -54.42 million current US$ | -225.1% |
| 1965 | 13.18 million current US$ | -124.2% |
| 1966 | 27.36 million current US$ | +107.6% |
| 1967 | 24.22 million current US$ | -11.5% |
| 1968 | 17.54 million current US$ | -27.6% |
| 1969 | 9.54 million current US$ | -45.6% |
| 1970 | 2.77 million current US$ | -71.0% |
| 1971 | 5.58 million current US$ | +101.4% |
| 1972 | 4.85 million current US$ | -13.1% |
| 1973 | 4.65 million current US$ | -4.1% |
| 1974 | 2.14 million current US$ | -54.0% |
| 1975 | 1.23 million current US$ | -42.5% |
| 1976 | -16.52 million current US$ | -1443.1% |
| 1977 | -10.45 million current US$ | -36.7% |
| 1978 | -18.38 million current US$ | +75.9% |
| 1979 | 5.92 million current US$ | -132.2% |
| 1980 | 15.05 million current US$ | +154.2% |
| 1981 | 12.99 million current US$ | -13.7% |
| 1982 | 14.41 million current US$ | +10.9% |
| 1983 | 15.27 million current US$ | +6.0% |
| 1984 | 15.03 million current US$ | -1.6% |
| 1985 | 13.46 million current US$ | -10.4% |
| 1986 | 17.47 million current US$ | +29.8% |
| 1987 | 19.75 million current US$ | +13.1% |
| 1988 | 23.07 million current US$ | +16.8% |
| 1989 | 60.18 million current US$ | +160.9% |
| 1990 | 76.55 million current US$ | +27.2% |
| 1991 | 24.15 million current US$ | -68.5% |
| 1992 | 31.99 million current US$ | +32.5% |
| 1993 | 36.95 million current US$ | +15.5% |
| 1994 | 23.96 million current US$ | -35.2% |
| 1995 | 41.09 million current US$ | +71.5% |
| 1996 | 31.34 million current US$ | -23.7% |
| 1997 | 1.66 million current US$ | -94.7% |
| 1998 | 28.57 million current US$ | +1621.1% |
| 1999 | 38.54 million current US$ | +34.9% |
| 2000 | 70.10 million current US$ | +81.9% |
| 2001 | 38.31 million current US$ | -45.3% |
| 2002 | 50.54 million current US$ | +31.9% |
| 2003 | 74.68 million current US$ | +47.8% |
| 2004 | 39.55 million current US$ | -47.0% |
| 2005 | 43.13 million current US$ | +9.1% |
| 2006 | 48.70 million current US$ | +12.9% |
| 2007 | 63.30 million current US$ | +30.0% |
| 2008 | 53.52 million current US$ | -15.5% |
| 2009 | 50.32 million current US$ | -6.0% |
| 2010 | 43.25 million current US$ | -14.1% |
| 2011 | 38.23 million current US$ | -11.6% |
| 2012 | 39.09 million current US$ | +2.2% |
| 2013 | 29.60 million current US$ | -24.3% |
| 2014 | 34.20 million current US$ | +15.5% |
| 2015 | 25.57 million current US$ | -25.2% |
| 2016 | 33.68 million current US$ | +31.7% |
| 2017 | 76.98 million current US$ | +128.6% |
| 2018 | 129.60 million current US$ | +68.4% |
| 2019 | 233.09 million current US$ | +79.9% |
| 2020 | 288.77 million current US$ | +23.9% |
| 2021 | 242.95 million current US$ | -15.9% |
| 2022 | 249.88 million current US$ | +2.8% |
| 2023 | 340.81 million current US$ | +36.4% |
Venezuela compared with similar countries
- Venezuela's 340.81 million current US$ is below the median for lower middle income countries, which is 454.52 million current US$, 75% of the median. (47 countries reporting)
- Venezuela's 340.81 million current US$ is above the median for Latin America & Caribbean, which is 64.36 million current US$, 5.3× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net bilateral aid flows from DAC donors, Total (current US$) in Venezuela 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 |
|---|---|---|---|
| 1998 | +1621.1% | 1.66 million current US$ | 28.57 million current US$ |
| 1976 | -1443.1% | 1.23 million current US$ | -16.52 million current US$ |
| 1961 | +1073.7% | 760,000 current US$ | 8.92 million current US$ |
| 1962 | +800.3% | 8.92 million current US$ | 80.31 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.09 million current US$ | -54.42 million current US$ | 80.31 million current US$ | 10 |
| 1970s | -1.82 million current US$ | -18.38 million current US$ | 5.92 million current US$ | 10 |
| 1980s | 20.67 million current US$ | 12.99 million current US$ | 60.18 million current US$ | 10 |
| 1990s | 33.48 million current US$ | 1.66 million current US$ | 76.55 million current US$ | 10 |
| 2000s | 53.22 million current US$ | 38.31 million current US$ | 74.68 million current US$ | 10 |
| 2010s | 68.33 million current US$ | 25.57 million current US$ | 233.09 million current US$ | 10 |
| 2020s | 280.60 million current US$ | 242.95 million current US$ | 340.81 million current US$ | 4 |
Countries ranked near Venezuela
- 70 North Macedonia 354.38 million current US$ compare
- 71 Kosovo 341.03 million current US$ compare
- 71 Kosovo (UNSCR 1244) 341.03 million current US$ compare
- 74 Dominican Republic 328.72 million current US$ compare
- 75 New Caledonia 314.49 million current US$ compare
- 76 Liberia 313.18 million current US$ compare
More aid effectiveness data for Venezuela
- Net bilateral aid flows from DAC donors, Austria 377,711 current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 6,185 current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 21.41 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 40.96 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 10.31 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 7.80 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 11.66 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 1.13 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 719,948 current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 5.29 million current US$ (2023)
Frequently asked questions
- What is net bilateral aid flows from dac donors, total in Venezuela?
- Net bilateral aid flows from dac donors, total in Venezuela was 340.81 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, total recorded in Venezuela?
- The highest recorded value was 340.81 million current US$ in 2023.
- What is the lowest net bilateral aid flows from dac donors, total recorded in Venezuela?
- The lowest recorded value was -54.42 million current US$ in 1964.
- How does Venezuela rank for net bilateral aid flows from dac donors, total?
- Venezuela ranks 73rd out of 181 countries with data for 2023.
- Is net bilateral aid flows from dac donors, total rising or falling in Venezuela?
- Over the last ten years it is up 1,051.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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, Total (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.