Net official development assistance and official aid received in Latin America & Caribbean
Latin America & Caribbean: Net official development assistance and official aid received was 0.0021 constant 2023 US$ per US$ of GDP in 2021. ◆ Volatile
Net official development assistance and official aid received in Latin America & Caribbean, 1960–2021
Source: Statizoid (derived). Measured in constant 2023 US$ per US$ of GDP.
Analysis
The most recent figure for net official development assistance and official aid received in Latin America & Caribbean is 0.0021 constant 2023 US$ per US$ of GDP, measured in 2021.
That represents a change of down 20.9% on the previous year and up 34.2% over ten years.
Over the whole period, net official development assistance and official aid received in Latin America & Caribbean peaked at 0.0642 constant 2023 US$ per US$ of GDP in 1961 and was at its lowest, 0.0015 constant 2023 US$ per US$ of GDP, in 2014.
Latin America & Caribbean ranks 30th of 44 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 official development assistance and official aid received in Latin America & Caribbean, year by year
| Year | constant 2023 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0247 constant 2023 US$ per US$ of GDP | — |
| 1961 | 0.0642 constant 2023 US$ per US$ of GDP | +159.6% |
| 1962 | 0.0621 constant 2023 US$ per US$ of GDP | -3.3% |
| 1963 | 0.0585 constant 2023 US$ per US$ of GDP | -5.8% |
| 1964 | 0.0435 constant 2023 US$ per US$ of GDP | -25.6% |
| 1965 | 0.0494 constant 2023 US$ per US$ of GDP | +13.5% |
| 1966 | 0.0458 constant 2023 US$ per US$ of GDP | -7.2% |
| 1967 | 0.0363 constant 2023 US$ per US$ of GDP | -20.9% |
| 1968 | 0.0345 constant 2023 US$ per US$ of GDP | -4.8% |
| 1969 | 0.026 constant 2023 US$ per US$ of GDP | -24.8% |
| 1970 | 0.0246 constant 2023 US$ per US$ of GDP | -5.3% |
| 1971 | 0.0186 constant 2023 US$ per US$ of GDP | -24.4% |
| 1972 | 0.016 constant 2023 US$ per US$ of GDP | -14.2% |
| 1973 | 0.0115 constant 2023 US$ per US$ of GDP | -27.9% |
| 1974 | 0.0093 constant 2023 US$ per US$ of GDP | -18.8% |
| 1975 | 0.0097 constant 2023 US$ per US$ of GDP | +3.5% |
| 1976 | 0.0083 constant 2023 US$ per US$ of GDP | -13.8% |
| 1977 | 0.0066 constant 2023 US$ per US$ of GDP | -20.8% |
| 1978 | 0.0061 constant 2023 US$ per US$ of GDP | -8.4% |
| 1979 | 0.0059 constant 2023 US$ per US$ of GDP | -2.3% |
| 1980 | 0.0055 constant 2023 US$ per US$ of GDP | -7.4% |
| 1981 | 0.0055 constant 2023 US$ per US$ of GDP | -0.5% |
| 1982 | 0.0066 constant 2023 US$ per US$ of GDP | +21.3% |
| 1983 | 0.008 constant 2023 US$ per US$ of GDP | +21.4% |
| 1984 | 0.0081 constant 2023 US$ per US$ of GDP | +0.8% |
| 1985 | 0.0095 constant 2023 US$ per US$ of GDP | +17.4% |
| 1986 | 0.0089 constant 2023 US$ per US$ of GDP | -6.3% |
| 1987 | 0.0088 constant 2023 US$ per US$ of GDP | -0.8% |
| 1988 | 0.0078 constant 2023 US$ per US$ of GDP | -11.5% |
| 1989 | 0.0078 constant 2023 US$ per US$ of GDP | -0.3% |
| 1990 | 0.007 constant 2023 US$ per US$ of GDP | -10.7% |
| 1991 | 0.007 constant 2023 US$ per US$ of GDP | +1.1% |
| 1992 | 0.0055 constant 2023 US$ per US$ of GDP | -21.6% |
| 1993 | 0.0048 constant 2023 US$ per US$ of GDP | -13.4% |
| 1994 | 0.0044 constant 2023 US$ per US$ of GDP | -8.8% |
| 1995 | 0.0038 constant 2023 US$ per US$ of GDP | -12.3% |
| 1996 | 0.0044 constant 2023 US$ per US$ of GDP | +14.0% |
| 1997 | 0.003 constant 2023 US$ per US$ of GDP | -30.0% |
| 1998 | 0.0031 constant 2023 US$ per US$ of GDP | +3.1% |
| 1999 | 0.0037 constant 2023 US$ per US$ of GDP | +18.3% |
| 2000 | 0.0029 constant 2023 US$ per US$ of GDP | -22.0% |
| 2001 | 0.0037 constant 2023 US$ per US$ of GDP | +27.6% |
| 2002 | 0.0034 constant 2023 US$ per US$ of GDP | -6.9% |
| 2003 | 0.0036 constant 2023 US$ per US$ of GDP | +6.0% |
| 2004 | 0.0033 constant 2023 US$ per US$ of GDP | -10.0% |
| 2005 | 0.0026 constant 2023 US$ per US$ of GDP | -22.1% |
| 2006 | 0.0023 constant 2023 US$ per US$ of GDP | -8.6% |
| 2007 | 0.0017 constant 2023 US$ per US$ of GDP | -25.9% |
| 2008 | 0.0019 constant 2023 US$ per US$ of GDP | +8.2% |
| 2009 | 0.002 constant 2023 US$ per US$ of GDP | +6.3% |
| 2010 | 0.0018 constant 2023 US$ per US$ of GDP | -8.9% |
| 2011 | 0.0016 constant 2023 US$ per US$ of GDP | -14.5% |
| 2012 | 0.0016 constant 2023 US$ per US$ of GDP | +2.6% |
| 2013 | 0.0016 constant 2023 US$ per US$ of GDP | -2.0% |
| 2014 | 0.0015 constant 2023 US$ per US$ of GDP | -2.2% |
| 2015 | 0.002 constant 2023 US$ per US$ of GDP | +34.2% |
| 2016 | 0.0023 constant 2023 US$ per US$ of GDP | +14.5% |
| 2017 | 0.0016 constant 2023 US$ per US$ of GDP | -33.8% |
| 2018 | 0.0019 constant 2023 US$ per US$ of GDP | +19.4% |
| 2019 | 0.0016 constant 2023 US$ per US$ of GDP | -13.0% |
| 2020 | 0.0026 constant 2023 US$ per US$ of GDP | +63.3% |
| 2021 | 0.0021 constant 2023 US$ per US$ of GDP | -20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0445 constant 2023 US$ per US$ of GDP | 0.0247 constant 2023 US$ per US$ of GDP | 0.0642 constant 2023 US$ per US$ of GDP | 10 |
| 1970s | 0.0117 constant 2023 US$ per US$ of GDP | 0.0059 constant 2023 US$ per US$ of GDP | 0.0246 constant 2023 US$ per US$ of GDP | 10 |
| 1980s | 0.0076 constant 2023 US$ per US$ of GDP | 0.0055 constant 2023 US$ per US$ of GDP | 0.0095 constant 2023 US$ per US$ of GDP | 10 |
| 1990s | 0.0047 constant 2023 US$ per US$ of GDP | 0.003 constant 2023 US$ per US$ of GDP | 0.007 constant 2023 US$ per US$ of GDP | 10 |
| 2000s | 0.0027 constant 2023 US$ per US$ of GDP | 0.0017 constant 2023 US$ per US$ of GDP | 0.0037 constant 2023 US$ per US$ of GDP | 10 |
| 2010s | 0.0017 constant 2023 US$ per US$ of GDP | 0.0015 constant 2023 US$ per US$ of GDP | 0.0023 constant 2023 US$ per US$ of GDP | 10 |
| 2020s | 0.0024 constant 2023 US$ per US$ of GDP | 0.0021 constant 2023 US$ per US$ of GDP | 0.0026 constant 2023 US$ per US$ of GDP | 2 |
Countries ranked near Latin America & Caribbean
- 27 New Caledonia 0.1056 constant 2023 US$ per US$ of GDP compare
- 28 Palau 0.1042 constant 2023 US$ per US$ of GDP compare
- 29 Rwanda 0.0937 constant 2023 US$ per US$ of GDP compare
- 30 Guinea-Bissau 0.091 constant 2023 US$ per US$ of GDP compare
- 31 Lebanon 0.087 constant 2023 US$ per US$ of GDP compare
- 32 Lesotho 0.0809 constant 2023 US$ per US$ of GDP compare
- 33 Dominica 0.0798 constant 2023 US$ per US$ of GDP 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 development assistance and official aid received in Latin America & Caribbean?
- Net official development assistance and official aid received in Latin America & Caribbean was 0.0021 constant 2023 US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest net official development assistance and official aid received recorded in Latin America & Caribbean?
- The highest recorded value was 0.0642 constant 2023 US$ per US$ of GDP in 1961.
- What is the lowest net official development assistance and official aid received recorded in Latin America & Caribbean?
- The lowest recorded value was 0.0015 constant 2023 US$ per US$ of GDP in 2014.
- How does Latin America & Caribbean rank for net official development assistance and official aid received?
- Latin America & Caribbean ranks 30th out of 44 groups with data for 2021.
- Is net official development assistance and official aid received rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Net official development assistance and official aid received (constant 2023 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net official development assistance and official aid received (constant 2023 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net official development assistance and official aid received (constant 2023 US$) ÷ GDP (current US$)
Computed from
- Net official development assistance and official aid received Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net official development assistance and official aid received (constant 2023 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.