Net ODA received in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Net ODA received was 0.6% in 2023. ◆ Volatile
Net ODA received in Latin America & Caribbean (excluding high income), 1979–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of imports of goods, services and primary income.
Analysis
In 2023, net oda received in Latin America & Caribbean (excluding high income) stood at 0.6%. That is the lowest value across all 45 years on record.
The figure is down 8.8% on the previous year and down 5.7% over ten years.
Over the whole period, net oda received in Latin America & Caribbean (excluding high income) peaked at 3.3% in 1987 and was at its lowest, 0.6%, in 2023.
That places Latin America & Caribbean (excluding high income) 31st out of 46 groups 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 ODA received in Latin America & Caribbean (excluding high income), year by year
| Year | % of imports of goods, services and primary income | Change |
|---|---|---|
| 1979 | 1.5% | — |
| 1980 | 1.3% | -10.0% |
| 1981 | 1.3% | -3.8% |
| 1982 | 1.5% | +18.3% |
| 1983 | 2.1% | +41.4% |
| 1984 | 2.2% | +1.9% |
| 1985 | 2.6% | +19.1% |
| 1986 | 2.9% | +13.1% |
| 1987 | 3.3% | +13.3% |
| 1988 | 2.9% | -10.8% |
| 1989 | 3.0% | +2.2% |
| 1990 | 3.0% | -1.3% |
| 1991 | 3.2% | +7.0% |
| 1992 | 2.6% | -19.6% |
| 1993 | 2.2% | -12.1% |
| 1994 | 2.1% | -7.9% |
| 1995 | 2.1% | +2.3% |
| 1996 | 1.8% | -14.2% |
| 1997 | 1.3% | -28.3% |
| 1998 | 1.1% | -15.8% |
| 1999 | 1.2% | +14.0% |
| 2000 | 0.9% | -24.8% |
| 2001 | 1.2% | +22.5% |
| 2002 | 1.1% | -5.3% |
| 2003 | 1.3% | +15.4% |
| 2004 | 1.2% | -5.1% |
| 2005 | 1.0% | -19.4% |
| 2006 | 0.9% | -6.6% |
| 2007 | 0.7% | -20.6% |
| 2008 | 0.8% | +6.0% |
| 2009 | 0.9% | +25.0% |
| 2010 | 0.8% | -16.9% |
| 2011 | 0.7% | -8.5% |
| 2012 | 0.7% | -5.3% |
| 2013 | 0.6% | -6.7% |
| 2014 | 0.6% | +1.3% |
| 2015 | 0.7% | +15.5% |
| 2016 | 1.0% | +28.6% |
| 2017 | 0.6% | -31.9% |
| 2018 | 0.7% | +9.4% |
| 2019 | 0.6% | -15.7% |
| 2020 | 1.0% | +73.3% |
| 2021 | 0.7% | -30.0% |
| 2022 | 0.7% | -9.9% |
| 2023 | 0.6% | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.5% | 1.5% | 1.5% | 1 |
| 1980s | 2.3% | 1.3% | 3.3% | 10 |
| 1990s | 2.1% | 1.1% | 3.2% | 10 |
| 2000s | 1.0% | 0.7% | 1.3% | 10 |
| 2010s | 0.7% | 0.6% | 1.0% | 10 |
| 2020s | 0.8% | 0.6% | 1.0% | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 28 Madagascar 21.7% compare
- 29 Togo 21.4% compare
- 30 Vanuatu 20.5% compare
- 31 Haiti 20.1% compare
- 32 Samoa 19.3% compare
- 33 Burkina Faso 17.8% compare
- 34 East Timor 17.3% 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 0.6% 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 3.3% in 1987.
- What is the lowest net oda received recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.6% in 2023.
- How does Latin America & Caribbean (excluding high income) rank for net oda received?
- Latin America & Caribbean (excluding high income) ranks 31st out of 46 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 down 5.7%. 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 imports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).