Net ODA received in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Net ODA received was 0.9% in 2023. ◆ Volatile
Net ODA received in Latin America & Caribbean (excluding high income), 1960–2023
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 Latin America & Caribbean (excluding high income) is 0.9%, measured in 2023.
That represents a change of down 15.8% on the previous year and up 33.1% over ten years.
Over the whole period, net oda received in Latin America & Caribbean (excluding high income) peaked at 4.2% in 1961 and was at its lowest, 0.7%, in 2013.
Latin America & Caribbean (excluding high income) ranks 23rd of 43 groups 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 in Latin America & Caribbean (excluding high income), year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 1960 | 1.6% | — |
| 1961 | 4.2% | +165.5% |
| 1962 | 4.1% | -1.7% |
| 1963 | 4.0% | -3.6% |
| 1964 | 2.5% | -36.3% |
| 1965 | 3.3% | +28.4% |
| 1966 | 3.6% | +9.1% |
| 1967 | 3.1% | -13.5% |
| 1968 | 3.0% | -2.8% |
| 1969 | 2.2% | -27.4% |
| 1970 | 2.1% | -4.9% |
| 1971 | 1.7% | -17.6% |
| 1972 | 1.6% | -7.4% |
| 1973 | 1.2% | -25.3% |
| 1974 | 0.9% | -22.2% |
| 1975 | 1.0% | +6.5% |
| 1976 | 0.9% | -3.3% |
| 1977 | 0.8% | -15.4% |
| 1978 | 0.8% | +4.0% |
| 1979 | 1.0% | +14.7% |
| 1980 | 1.0% | +0.4% |
| 1981 | 0.9% | -2.7% |
| 1982 | 1.2% | +28.0% |
| 1983 | 1.8% | +48.1% |
| 1984 | 1.8% | +3.7% |
| 1985 | 2.1% | +13.8% |
| 1986 | 2.3% | +12.2% |
| 1987 | 2.4% | +0.9% |
| 1988 | 2.0% | -13.9% |
| 1989 | 2.0% | -2.7% |
| 1990 | 2.3% | +16.5% |
| 1991 | 2.6% | +11.3% |
| 1992 | 2.1% | -16.3% |
| 1993 | 1.6% | -24.4% |
| 1994 | 1.4% | -14.9% |
| 1995 | 1.7% | +26.7% |
| 1996 | 1.5% | -15.3% |
| 1997 | 1.1% | -26.0% |
| 1998 | 1.0% | -5.4% |
| 1999 | 1.4% | +31.1% |
| 2000 | 1.0% | -23.9% |
| 2001 | 1.3% | +30.0% |
| 2002 | 1.3% | -1.5% |
| 2003 | 1.5% | +16.8% |
| 2004 | 1.5% | -5.7% |
| 2005 | 1.2% | -20.6% |
| 2006 | 1.1% | -8.5% |
| 2007 | 0.8% | -23.9% |
| 2008 | 0.8% | +3.0% |
| 2009 | 1.0% | +20.9% |
| 2010 | 0.8% | -19.8% |
| 2011 | 0.7% | -7.4% |
| 2012 | 0.7% | +0.3% |
| 2013 | 0.7% | -6.0% |
| 2014 | 0.8% | +6.6% |
| 2015 | 1.0% | +28.0% |
| 2016 | 1.3% | +32.9% |
| 2017 | 0.9% | -30.3% |
| 2018 | 1.1% | +22.9% |
| 2019 | 0.9% | -13.8% |
| 2020 | 1.7% | +75.5% |
| 2021 | 1.2% | -30.2% |
| 2022 | 1.1% | -3.6% |
| 2023 | 0.9% | -15.8% |
Biggest year-on-year movements
Years where Net ODA received in Latin America & Caribbean (excluding high income) 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 |
|---|---|---|---|
| 1961 | +165.5% | 1.6% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.2% | 1.6% | 4.2% | 10 |
| 1970s | 1.2% | 0.8% | 2.1% | 10 |
| 1980s | 1.7% | 0.9% | 2.4% | 10 |
| 1990s | 1.7% | 1.0% | 2.6% | 10 |
| 2000s | 1.2% | 0.8% | 1.5% | 10 |
| 2010s | 0.9% | 0.7% | 1.3% | 10 |
| 2020s | 1.2% | 0.9% | 1.7% | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 20 Gambia 52.6% compare
- 21 Eritrea 51.2% compare
- 22 Haiti 39.7% compare
- 23 Sierra Leone 39.4% compare
- 24 New Caledonia 38.6% compare
- 25 Guyana 38.0% compare
- 26 Madagascar 36.5% compare
More aid effectiveness data for Latin America & Caribbean (excluding high income)
- 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, European Union institutions 739.82 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)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is net oda received in Latin America & Caribbean (excluding high income)?
- Net oda received in Latin America & Caribbean (excluding high income) was 0.9% in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 4.2% in 1961.
- What is the lowest net oda received recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.7% in 2013.
- How does Latin America & Caribbean (excluding high income) rank for net oda received?
- Latin America & Caribbean (excluding high income) ranks 23rd out of 43 groups with data for 2023.
- Is net oda received rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 33.1%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) 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).