Net ODA received in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Net ODA received was 7.4% in 2023. ◆ Volatile
Net ODA received in Venezuela, Bolivarian Republic of, 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 Venezuela, Bolivarian Republic of is 7.4%, measured in 2023.
That represents a change of up 49.2% on the previous year and up 16,032.0% over ten years.
Over the whole period, net oda received in Venezuela, Bolivarian Republic of peaked at 8.4% in 2020 and was at its lowest, -2.3%, in 1964.
Venezuela, Bolivarian Republic of ranks 72nd of 145 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 in Venezuela, Bolivarian Republic of, year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.5% | +969.0% |
| 1962 | 3.8% | +730.5% |
| 1963 | 2.0% | -45.8% |
| 1964 | -2.3% | -210.4% |
| 1965 | 0.6% | -126.5% |
| 1966 | 1.2% | +99.9% |
| 1967 | 1.0% | -14.3% |
| 1968 | 0.6% | -44.9% |
| 1969 | 0.3% | -40.6% |
| 1970 | 0.1% | -65.4% |
| 1971 | 0.2% | +45.7% |
| 1972 | 0.2% | -6.1% |
| 1973 | 0.1% | -12.0% |
| 1974 | 0.1% | -51.4% |
| 1975 | 0.0% | -45.9% |
| 1976 | -0.1% | -416.6% |
| 1977 | -0.0% | -60.6% |
| 1978 | -0.1% | +61.0% |
| 1979 | 0.1% | -176.7% |
| 1980 | 0.1% | +94.2% |
| 1981 | 0.1% | -14.8% |
| 1982 | 0.1% | -6.6% |
| 1983 | 0.2% | +112.6% |
| 1984 | 0.2% | -7.7% |
| 1985 | 0.1% | -13.4% |
| 1986 | 0.2% | +14.4% |
| 1987 | 0.2% | +18.0% |
| 1988 | 0.2% | -18.6% |
| 1989 | 1.2% | +637.7% |
| 1990 | 1.7% | +38.8% |
| 2012 | 0.1% | -96.6% |
| 2013 | 0.0% | -19.5% |
| 2014 | 0.1% | +120.8% |
| 2015 | 0.2% | +47.8% |
| 2016 | 0.4% | +149.4% |
| 2017 | 1.5% | +290.6% |
| 2018 | 3.4% | +133.3% |
| 2019 | 5.3% | +53.9% |
| 2020 | 8.4% | +60.6% |
| 2021 | 5.5% | -35.2% |
| 2022 | 5.0% | -9.0% |
| 2023 | 7.4% | +49.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8% | -2.3% | 3.8% | 10 |
| 1970s | 0.1% | -0.1% | 0.2% | 10 |
| 1980s | 0.3% | 0.1% | 1.2% | 10 |
| 1990s | 1.7% | 1.7% | 1.7% | 1 |
| 2010s | 1.4% | 0.0% | 5.3% | 8 |
| 2020s | 6.6% | 5.0% | 8.4% | 4 |
Countries ranked near Venezuela, Bolivarian Republic of
- 69 Kyrgyzstan 8.4% compare
- 70 Namibia 7.7% compare
- 71 Bolivia, Plurinational State of 7.7% compare
- 73 Honduras 7.2% compare
- 74 El Salvador 6.9% compare
- 75 Israel 6.6% compare
More aid effectiveness data for Venezuela, Bolivarian Republic of
- 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 oda received in Venezuela, Bolivarian Republic of?
- Net oda received in Venezuela, Bolivarian Republic of was 7.4% in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 8.4% in 2020.
- What is the lowest net oda received recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -2.3% in 1964.
- How does Venezuela, Bolivarian Republic of rank for net oda received?
- Venezuela, Bolivarian Republic of ranks 72nd out of 145 countries with data for 2023.
- Is net oda received rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 16,032.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of 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).