Net official development assistance and official aid … 2023 aid in Grenada
Grenada: Net official development assistance and official aid received was 38.49 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Grenada, 1973–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Grenada recorded 38.49 million constant 2023 US$ for net official development assistance and official aid received in 2023.
The figure is up 139.2% on the previous year and up 195.2% over ten years.
Over the whole period, net official development assistance and official aid received in Grenada peaked at 87.62 million constant 2023 US$ in 1985 and was at its lowest, -98.20 million constant 2023 US$, in 2022.
Grenada ranks 144th of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Grenada, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1973 | 251,161 constant 2023 US$ | — |
| 1974 | 9.94 million constant 2023 US$ | +3856.5% |
| 1975 | 11.46 million constant 2023 US$ | +15.3% |
| 1976 | 10.25 million constant 2023 US$ | -10.5% |
| 1977 | 12.63 million constant 2023 US$ | +23.1% |
| 1978 | 8.59 million constant 2023 US$ | -32.0% |
| 1979 | 8.06 million constant 2023 US$ | -6.2% |
| 1980 | 9.93 million constant 2023 US$ | +23.2% |
| 1981 | 16.86 million constant 2023 US$ | +69.8% |
| 1982 | 16.58 million constant 2023 US$ | -1.6% |
| 1983 | 21.08 million constant 2023 US$ | +27.1% |
| 1984 | 71.84 million constant 2023 US$ | +240.7% |
| 1985 | 87.62 million constant 2023 US$ | +22.0% |
| 1986 | 56.49 million constant 2023 US$ | -35.5% |
| 1987 | 40.07 million constant 2023 US$ | -29.1% |
| 1988 | 38.25 million constant 2023 US$ | -4.5% |
| 1989 | 26.91 million constant 2023 US$ | -29.7% |
| 1990 | 21.60 million constant 2023 US$ | -19.7% |
| 1991 | 23.61 million constant 2023 US$ | +9.3% |
| 1992 | 19.08 million constant 2023 US$ | -19.2% |
| 1993 | 11.75 million constant 2023 US$ | -38.4% |
| 1994 | 34.86 million constant 2023 US$ | +196.7% |
| 1995 | 12.23 million constant 2023 US$ | -64.9% |
| 1996 | 13.98 million constant 2023 US$ | +14.3% |
| 1997 | 11.38 million constant 2023 US$ | -18.6% |
| 1998 | 8.55 million constant 2023 US$ | -24.9% |
| 1999 | 14.33 million constant 2023 US$ | +67.6% |
| 2000 | 21.55 million constant 2023 US$ | +50.4% |
| 2001 | 16.20 million constant 2023 US$ | -24.9% |
| 2002 | 14.98 million constant 2023 US$ | -7.5% |
| 2003 | 11.02 million constant 2023 US$ | -26.5% |
| 2004 | 18.01 million constant 2023 US$ | +63.5% |
| 2005 | 65.04 million constant 2023 US$ | +261.1% |
| 2006 | 32.18 million constant 2023 US$ | -50.5% |
| 2007 | 28.96 million constant 2023 US$ | -10.0% |
| 2008 | 32.98 million constant 2023 US$ | +13.9% |
| 2009 | 49.15 million constant 2023 US$ | +49.0% |
| 2010 | 30.39 million constant 2023 US$ | -38.2% |
| 2011 | 8.64 million constant 2023 US$ | -71.6% |
| 2012 | 7.90 million constant 2023 US$ | -8.5% |
| 2013 | 13.04 million constant 2023 US$ | +65.0% |
| 2014 | 40.59 million constant 2023 US$ | +211.3% |
| 2015 | 27.61 million constant 2023 US$ | -32.0% |
| 2016 | 8.60 million constant 2023 US$ | -68.9% |
| 2017 | 6.64 million constant 2023 US$ | -22.7% |
| 2018 | 34.72 million constant 2023 US$ | +422.5% |
| 2019 | 16.31 million constant 2023 US$ | -53.0% |
| 2020 | 74.66 million constant 2023 US$ | +357.9% |
| 2021 | 68.96 million constant 2023 US$ | -7.6% |
| 2022 | -98.20 million constant 2023 US$ | -242.4% |
| 2023 | 38.49 million constant 2023 US$ | -139.2% |
Grenada compared with similar countries
- Grenada's 38.49 million constant 2023 US$ is below the median for upper middle income countries, which is 223.69 million constant 2023 US$, 17% of the median. (59 countries reporting)
- Grenada's 38.49 million constant 2023 US$ is below the median for Latin America & Caribbean, which is 142.19 million constant 2023 US$, 27% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +3856.5% | 251,161 constant 2023 US$ | 9.94 million constant 2023 US$ |
| 2018 | +422.5% | 6.64 million constant 2023 US$ | 34.72 million constant 2023 US$ |
| 2020 | +357.9% | 16.31 million constant 2023 US$ | 74.66 million constant 2023 US$ |
| 2005 | +261.1% | 18.01 million constant 2023 US$ | 65.04 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.74 million constant 2023 US$ | 251,161 constant 2023 US$ | 12.63 million constant 2023 US$ | 7 |
| 1980s | 38.56 million constant 2023 US$ | 9.93 million constant 2023 US$ | 87.62 million constant 2023 US$ | 10 |
| 1990s | 17.14 million constant 2023 US$ | 8.55 million constant 2023 US$ | 34.86 million constant 2023 US$ | 10 |
| 2000s | 29.01 million constant 2023 US$ | 11.02 million constant 2023 US$ | 65.04 million constant 2023 US$ | 10 |
| 2010s | 19.44 million constant 2023 US$ | 6.64 million constant 2023 US$ | 40.59 million constant 2023 US$ | 10 |
| 2020s | 20.98 million constant 2023 US$ | -98.20 million constant 2023 US$ | 74.66 million constant 2023 US$ | 4 |
Countries ranked near Grenada
- 141 Gabon 53.15 million constant 2023 US$ compare
- 142 Dominica 52.64 million constant 2023 US$ compare
- 143 Suriname 43.52 million constant 2023 US$ compare
- 145 Nauru 37.58 million constant 2023 US$ compare
- 146 Turkmenistan 36.35 million constant 2023 US$ compare
- 147 Saint Lucia 35.85 million constant 2023 US$ compare
More aid effectiveness data for Grenada
- Net bilateral aid flows from DAC donors, Austria 13,182 current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 4.07 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 280,482 current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 10,000 current US$ (2012)
- Net bilateral aid flows from DAC donors, Germany 538,606 current US$ (2023)
- Net bilateral aid flows from DAC donors, France 44,786 current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom -63,023 current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 149,426 current US$ (2023)
- Net bilateral aid flows from DAC donors, Norway 10,000 current US$ (1991)
- Net bilateral aid flows from DAC donors, Total 5.55 million current US$ (2023)
Frequently asked questions
- What is net official development assistance and official aid received in Grenada?
- Net official development assistance and official aid received in Grenada was 38.49 million constant 2023 US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance and official aid received recorded in Grenada?
- The highest recorded value was 87.62 million constant 2023 US$ in 1985.
- What is the lowest net official development assistance and official aid received recorded in Grenada?
- The lowest recorded value was -98.20 million constant 2023 US$ in 2022.
- How does Grenada rank for net official development assistance and official aid received?
- Grenada ranks 144th out of 181 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Grenada?
- Over the last ten years it is up 195.2%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net official development assistance and official aid received (constant 2023 US$). 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). 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.