Net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Net official development assistance and official aid received was 0.0018 constant 2023 US$ per US$ of GDP in 2021. ◆ Volatile
Net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries), 1970–2021
Source: Statizoid (derived). Measured in constant 2023 US$ per US$ of GDP.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 0.0018 constant 2023 US$ per US$ of GDP for net official development assistance and official aid received in 2021.
Compared with earlier readings it is down 20.0% on the previous year and up 31.8% over ten years.
Over the whole period, net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries) peaked at 0.0239 constant 2023 US$ per US$ of GDP in 1970 and was at its lowest, 0.0012 constant 2023 US$ per US$ of GDP, in 2013.
That places Latin America & the Caribbean (IDA & IBRD countries) 32nd out of 44 groups with data for 2021, 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 official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2023 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0239 constant 2023 US$ per US$ of GDP | — |
| 1971 | 0.0176 constant 2023 US$ per US$ of GDP | -26.4% |
| 1972 | 0.0154 constant 2023 US$ per US$ of GDP | -12.8% |
| 1973 | 0.0108 constant 2023 US$ per US$ of GDP | -30.0% |
| 1974 | 0.0085 constant 2023 US$ per US$ of GDP | -21.3% |
| 1975 | 0.0088 constant 2023 US$ per US$ of GDP | +3.9% |
| 1976 | 0.0073 constant 2023 US$ per US$ of GDP | -16.7% |
| 1977 | 0.0058 constant 2023 US$ per US$ of GDP | -21.3% |
| 1978 | 0.0054 constant 2023 US$ per US$ of GDP | -5.5% |
| 1979 | 0.0054 constant 2023 US$ per US$ of GDP | -0.1% |
| 1980 | 0.0049 constant 2023 US$ per US$ of GDP | -10.0% |
| 1981 | 0.0051 constant 2023 US$ per US$ of GDP | +4.3% |
| 1982 | 0.0061 constant 2023 US$ per US$ of GDP | +20.3% |
| 1983 | 0.0074 constant 2023 US$ per US$ of GDP | +21.1% |
| 1984 | 0.0077 constant 2023 US$ per US$ of GDP | +3.7% |
| 1985 | 0.0088 constant 2023 US$ per US$ of GDP | +14.2% |
| 1986 | 0.0084 constant 2023 US$ per US$ of GDP | -4.6% |
| 1987 | 0.0084 constant 2023 US$ per US$ of GDP | +0.1% |
| 1988 | 0.0073 constant 2023 US$ per US$ of GDP | -12.7% |
| 1989 | 0.0073 constant 2023 US$ per US$ of GDP | -1.2% |
| 1990 | 0.0066 constant 2023 US$ per US$ of GDP | -9.4% |
| 1991 | 0.0067 constant 2023 US$ per US$ of GDP | +1.8% |
| 1992 | 0.0051 constant 2023 US$ per US$ of GDP | -23.3% |
| 1993 | 0.0045 constant 2023 US$ per US$ of GDP | -13.3% |
| 1994 | 0.0039 constant 2023 US$ per US$ of GDP | -12.3% |
| 1995 | 0.0035 constant 2023 US$ per US$ of GDP | -10.1% |
| 1996 | 0.0031 constant 2023 US$ per US$ of GDP | -12.7% |
| 1997 | 0.0026 constant 2023 US$ per US$ of GDP | -16.8% |
| 1998 | 0.0025 constant 2023 US$ per US$ of GDP | -1.6% |
| 1999 | 0.003 constant 2023 US$ per US$ of GDP | +20.2% |
| 2000 | 0.0023 constant 2023 US$ per US$ of GDP | -24.2% |
| 2001 | 0.0034 constant 2023 US$ per US$ of GDP | +48.0% |
| 2002 | 0.0032 constant 2023 US$ per US$ of GDP | -5.7% |
| 2003 | 0.0033 constant 2023 US$ per US$ of GDP | +3.7% |
| 2004 | 0.0028 constant 2023 US$ per US$ of GDP | -16.1% |
| 2005 | 0.0023 constant 2023 US$ per US$ of GDP | -18.7% |
| 2006 | 0.0021 constant 2023 US$ per US$ of GDP | -6.0% |
| 2007 | 0.0015 constant 2023 US$ per US$ of GDP | -29.7% |
| 2008 | 0.0015 constant 2023 US$ per US$ of GDP | +1.9% |
| 2009 | 0.0017 constant 2023 US$ per US$ of GDP | +12.3% |
| 2010 | 0.0016 constant 2023 US$ per US$ of GDP | -7.0% |
| 2011 | 0.0014 constant 2023 US$ per US$ of GDP | -14.7% |
| 2012 | 0.0013 constant 2023 US$ per US$ of GDP | -6.4% |
| 2013 | 0.0012 constant 2023 US$ per US$ of GDP | -6.6% |
| 2014 | 0.0012 constant 2023 US$ per US$ of GDP | +1.3% |
| 2015 | 0.0016 constant 2023 US$ per US$ of GDP | +30.8% |
| 2016 | 0.0015 constant 2023 US$ per US$ of GDP | -2.8% |
| 2017 | 0.0012 constant 2023 US$ per US$ of GDP | -20.3% |
| 2018 | 0.0015 constant 2023 US$ per US$ of GDP | +23.7% |
| 2019 | 0.0013 constant 2023 US$ per US$ of GDP | -12.5% |
| 2020 | 0.0022 constant 2023 US$ per US$ of GDP | +69.7% |
| 2021 | 0.0018 constant 2023 US$ per US$ of GDP | -20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0109 constant 2023 US$ per US$ of GDP | 0.0054 constant 2023 US$ per US$ of GDP | 0.0239 constant 2023 US$ per US$ of GDP | 10 |
| 1980s | 0.0072 constant 2023 US$ per US$ of GDP | 0.0049 constant 2023 US$ per US$ of GDP | 0.0088 constant 2023 US$ per US$ of GDP | 10 |
| 1990s | 0.0041 constant 2023 US$ per US$ of GDP | 0.0025 constant 2023 US$ per US$ of GDP | 0.0067 constant 2023 US$ per US$ of GDP | 10 |
| 2000s | 0.0024 constant 2023 US$ per US$ of GDP | 0.0015 constant 2023 US$ per US$ of GDP | 0.0034 constant 2023 US$ per US$ of GDP | 10 |
| 2010s | 0.0014 constant 2023 US$ per US$ of GDP | 0.0012 constant 2023 US$ per US$ of GDP | 0.0016 constant 2023 US$ per US$ of GDP | 10 |
| 2020s | 0.002 constant 2023 US$ per US$ of GDP | 0.0018 constant 2023 US$ per US$ of GDP | 0.0022 constant 2023 US$ per US$ of GDP | 2 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 34 Madagascar 0.0782 constant 2023 US$ per US$ of GDP compare
- 35 Sierra Leone 0.0776 constant 2023 US$ per US$ of GDP compare
More aid effectiveness data for Latin America & the Caribbean (IDA & IBRD countries)
- Net bilateral aid flows from DAC donors, Austria 21.24 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Belgium 26.34 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Canada 310.25 million current US$ (2022)
- Net bilateral aid flows from DAC donors, European Union institutions 531.58 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Switzerland 151.78 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Germany 1.34 billion current US$ (2022)
- Net bilateral aid flows from DAC donors, France 728.65 million current US$ (2022)
- Net bilateral aid flows from DAC donors, United Kingdom 108.73 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Italy 129.49 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Japan 643.12 million current US$ (2022)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries)?
- Net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries) was 0.0018 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 0.0239 constant 2023 US$ per US$ of GDP in 1970.
- What is the lowest net official development assistance and official aid received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.0012 constant 2023 US$ per US$ of GDP in 2013.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for net official development assistance and official aid received?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd out of 44 groups with data for 2021.
- Is net official development assistance and official aid received rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 31.8%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.