Net official aid received in Latin America & Caribbean
Latin America & Caribbean: Net official aid received was -7.13 million constant 2023 US$ in 2004. ◆ Volatile
Net official aid received in Latin America & Caribbean, 1990–2004
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Latin America & Caribbean recorded -7.13 million constant 2023 US$ for net official aid received in 2004. That is the lowest value across all 15 years on record.
The figure is down 106.6% on the previous year and down 132.0% over five years.
Over the whole period, net official aid received in Latin America & Caribbean peaked at 107.48 million constant 2023 US$ in 2003 and was at its lowest, -7.13 million constant 2023 US$, in 2004.
That places Latin America & Caribbean 32nd out of 32 groups with data for 2004, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official aid received in Latin America & Caribbean, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1990 | 0 constant 2023 US$ | — |
| 1991 | 0 constant 2023 US$ | — |
| 1992 | 0 constant 2023 US$ | — |
| 1993 | 0 constant 2023 US$ | — |
| 1994 | 0 constant 2023 US$ | — |
| 1995 | 0 constant 2023 US$ | — |
| 1996 | 2.20 million constant 2023 US$ | — |
| 1997 | -450,000 constant 2023 US$ | -120.5% |
| 1998 | 34.35 million constant 2023 US$ | -7733.3% |
| 1999 | 22.31 million constant 2023 US$ | -35.1% |
| 2000 | 22.79 million constant 2023 US$ | +2.2% |
| 2001 | 6.21 million constant 2023 US$ | -72.8% |
| 2002 | 20.39 million constant 2023 US$ | +228.3% |
| 2003 | 107.48 million constant 2023 US$ | +427.1% |
| 2004 | -7.13 million constant 2023 US$ | -106.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.84 million constant 2023 US$ | -450,000 constant 2023 US$ | 34.35 million constant 2023 US$ | 10 |
| 2000s | 29.95 million constant 2023 US$ | -7.13 million constant 2023 US$ | 107.48 million constant 2023 US$ | 5 |
Countries ranked near Latin America & Caribbean
- 29 Bermuda 110,000 constant 2023 US$ compare
- 30 British Virgin Islands -1.50 million constant 2023 US$ compare
- 31 Aruba -13.88 million constant 2023 US$ compare
- 32 Republic of Korea -78.83 million constant 2023 US$ compare
More aid effectiveness data for Latin America & Caribbean
- 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)
Frequently asked questions
- What is net official aid received in Latin America & Caribbean?
- Net official aid received in Latin America & Caribbean was -7.13 million constant 2023 US$ in 2004, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official aid received recorded in Latin America & Caribbean?
- The highest recorded value was 107.48 million constant 2023 US$ in 2003.
- What is the lowest net official aid received recorded in Latin America & Caribbean?
- The lowest recorded value was -7.13 million constant 2023 US$ in 2004.
- How does Latin America & Caribbean rank for net official aid received?
- Latin America & Caribbean ranks 32nd out of 32 groups with data for 2004.
- Where does this Latin America & Caribbean data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net official aid received (constant 2023 US$). Statizoid updates them automatically from the source API.
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About this data
Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2023 U.S. dollars.