Net ODA received (% of gross capital formation) in Cuba
Cuba: Net ODA received (% of gross capital formation) was 5.0% in 2020. ◆ Volatile
Net ODA received in Cuba, 1970–2020
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of gross capital formation.
Analysis
The most recent figure for net oda received in Cuba is 5.0%, measured in 2020.
Compared with earlier readings it is up 19.4% on the previous year and up 134.1% over ten years.
Over the whole period, net oda received in Cuba peaked at 30.9% in 2016 and was at its lowest, 0.1%, in 1970.
Cuba ranks 80th of 146 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received (% of gross capital formation) in Cuba, year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | +12.1% |
| 1972 | 0.2% | +22.4% |
| 1973 | 0.2% | +18.5% |
| 1974 | 0.5% | +157.2% |
| 1975 | 0.6% | +12.6% |
| 1976 | 1.3% | +119.5% |
| 1977 | 1.2% | -4.2% |
| 1978 | 1.0% | -14.6% |
| 1979 | 0.9% | -8.9% |
| 1980 | 0.9% | -8.8% |
| 1981 | 0.5% | -40.0% |
| 1982 | 0.7% | +26.0% |
| 1983 | 0.7% | +0.1% |
| 1984 | 0.6% | -10.9% |
| 1985 | 0.6% | +9.2% |
| 1986 | 0.7% | +6.0% |
| 1987 | 0.8% | +25.6% |
| 1988 | 0.9% | +9.5% |
| 1989 | 0.8% | -14.0% |
| 1990 | 0.7% | -8.7% |
| 1991 | 1.1% | +48.8% |
| 1992 | 1.7% | +58.1% |
| 1993 | 3.1% | +78.9% |
| 1994 | 3.2% | +2.9% |
| 1995 | 3.0% | -5.7% |
| 1996 | 1.4% | -51.7% |
| 1997 | 1.7% | +19.8% |
| 1998 | 2.4% | +36.8% |
| 1999 | 1.8% | -25.1% |
| 2000 | 1.2% | -33.2% |
| 2001 | 1.5% | +27.6% |
| 2002 | 2.0% | +33.6% |
| 2003 | 2.5% | +24.7% |
| 2004 | 3.0% | +18.0% |
| 2005 | 2.0% | -33.7% |
| 2006 | 1.4% | -26.8% |
| 2007 | 1.7% | +21.7% |
| 2008 | 1.5% | -14.0% |
| 2009 | 1.8% | +19.2% |
| 2010 | 2.1% | +19.3% |
| 2011 | 1.5% | -30.1% |
| 2012 | 1.4% | -8.5% |
| 2013 | 1.4% | +0.4% |
| 2014 | 4.3% | +210.4% |
| 2015 | 6.8% | +60.1% |
| 2016 | 30.9% | +352.9% |
| 2017 | 7.4% | -76.2% |
| 2018 | 6.2% | -15.5% |
| 2019 | 4.2% | -32.7% |
| 2020 | 5.0% | +19.4% |
Cuba compared with similar countries
- Cuba's 5.0% is above the median for upper middle income countries, which is 3.1%, 1.6× the median. (52 countries reporting)
- Cuba's 5.0% is above the median for Latin America & Caribbean, which is 2.1%, 2.4× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net ODA received (% of gross capital formation) in Cuba 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 |
|---|---|---|---|
| 2016 | +352.9% | 6.8% | 30.9% |
| 2014 | +210.4% | 1.4% | 4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.1% | 1.3% | 10 |
| 1980s | 0.7% | 0.5% | 0.9% | 10 |
| 1990s | 2.0% | 0.7% | 3.2% | 10 |
| 2000s | 1.9% | 1.2% | 3.0% | 10 |
| 2010s | 6.6% | 1.4% | 30.9% | 10 |
| 2020s | 5.0% | 5.0% | 5.0% | 1 |
Countries ranked near Cuba
More aid effectiveness data for Cuba
- Net bilateral aid flows from DAC donors, Austria 142,165 current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 582,429 current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 2.99 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 16.73 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 6.23 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 2.09 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 18.49 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 550,653 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 7.07 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 14.00 million current US$ (2023)
Frequently asked questions
- What is net oda received in Cuba?
- Net oda received in Cuba was 5.0% in 2020, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Cuba?
- The highest recorded value was 30.9% in 2016.
- What is the lowest net oda received recorded in Cuba?
- The lowest recorded value was 0.1% in 1970.
- How does Cuba rank for net oda received?
- Cuba ranks 80th out of 146 countries with data for 2020.
- Is net oda received rising or falling in Cuba?
- Over the last ten years it is up 134.1%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net ODA received (% of gross capital formation). 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).