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 9.15 billion constant 2023 US$ in 2021. ▲ Rising
Net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries), 1970–2021
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
In 2021, net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries) stood at 9.15 billion constant 2023 US$.
Compared with earlier readings it is down 6.7% on the previous year and up 13.6% 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 9.80 billion constant 2023 US$ in 2020 and was at its lowest, 2.61 billion constant 2023 US$, in 1977.
Latin America & the Caribbean (IDA & IBRD countries) ranks 34th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1970 | 3.91 billion constant 2023 US$ | — |
| 1971 | 3.20 billion constant 2023 US$ | -18.2% |
| 1972 | 3.14 billion constant 2023 US$ | -2.0% |
| 1973 | 2.95 billion constant 2023 US$ | -6.1% |
| 1974 | 3.03 billion constant 2023 US$ | +2.8% |
| 1975 | 3.29 billion constant 2023 US$ | +8.6% |
| 1976 | 3.01 billion constant 2023 US$ | -8.5% |
| 1977 | 2.61 billion constant 2023 US$ | -13.4% |
| 1978 | 2.95 billion constant 2023 US$ | +13.1% |
| 1979 | 3.31 billion constant 2023 US$ | +12.1% |
| 1980 | 3.65 billion constant 2023 US$ | +10.2% |
| 1981 | 4.36 billion constant 2023 US$ | +19.6% |
| 1982 | 4.79 billion constant 2023 US$ | +10.0% |
| 1983 | 5.07 billion constant 2023 US$ | +5.8% |
| 1984 | 5.52 billion constant 2023 US$ | +8.8% |
| 1985 | 6.23 billion constant 2023 US$ | +12.8% |
| 1986 | 5.99 billion constant 2023 US$ | -3.8% |
| 1987 | 6.44 billion constant 2023 US$ | +7.5% |
| 1988 | 6.17 billion constant 2023 US$ | -4.2% |
| 1989 | 6.76 billion constant 2023 US$ | +9.6% |
| 1990 | 6.80 billion constant 2023 US$ | +0.5% |
| 1991 | 7.52 billion constant 2023 US$ | +10.7% |
| 1992 | 6.33 billion constant 2023 US$ | -15.8% |
| 1993 | 6.53 billion constant 2023 US$ | +3.2% |
| 1994 | 6.70 billion constant 2023 US$ | +2.6% |
| 1995 | 6.52 billion constant 2023 US$ | -2.7% |
| 1996 | 6.19 billion constant 2023 US$ | -5.1% |
| 1997 | 5.64 billion constant 2023 US$ | -8.7% |
| 1998 | 5.61 billion constant 2023 US$ | -0.7% |
| 1999 | 6.05 billion constant 2023 US$ | +7.8% |
| 2000 | 5.07 billion constant 2023 US$ | -16.1% |
| 2001 | 7.32 billion constant 2023 US$ | +44.5% |
| 2002 | 6.16 billion constant 2023 US$ | -15.9% |
| 2003 | 6.49 billion constant 2023 US$ | +5.5% |
| 2004 | 6.30 billion constant 2023 US$ | -3.0% |
| 2005 | 6.22 billion constant 2023 US$ | -1.3% |
| 2006 | 6.87 billion constant 2023 US$ | +10.5% |
| 2007 | 5.71 billion constant 2023 US$ | -16.8% |
| 2008 | 6.79 billion constant 2023 US$ | +18.9% |
| 2009 | 7.13 billion constant 2023 US$ | +5.0% |
| 2010 | 8.28 billion constant 2023 US$ | +16.1% |
| 2011 | 8.06 billion constant 2023 US$ | -2.7% |
| 2012 | 7.61 billion constant 2023 US$ | -5.5% |
| 2013 | 7.16 billion constant 2023 US$ | -5.9% |
| 2014 | 7.21 billion constant 2023 US$ | +0.7% |
| 2015 | 7.96 billion constant 2023 US$ | +10.4% |
| 2016 | 7.51 billion constant 2023 US$ | -5.6% |
| 2017 | 6.67 billion constant 2023 US$ | -11.2% |
| 2018 | 8.05 billion constant 2023 US$ | +20.7% |
| 2019 | 6.89 billion constant 2023 US$ | -14.4% |
| 2020 | 9.80 billion constant 2023 US$ | +42.3% |
| 2021 | 9.15 billion constant 2023 US$ | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.14 billion constant 2023 US$ | 2.61 billion constant 2023 US$ | 3.91 billion constant 2023 US$ | 10 |
| 1980s | 5.50 billion constant 2023 US$ | 3.65 billion constant 2023 US$ | 6.76 billion constant 2023 US$ | 10 |
| 1990s | 6.39 billion constant 2023 US$ | 5.61 billion constant 2023 US$ | 7.52 billion constant 2023 US$ | 10 |
| 2000s | 6.41 billion constant 2023 US$ | 5.07 billion constant 2023 US$ | 7.32 billion constant 2023 US$ | 10 |
| 2010s | 7.54 billion constant 2023 US$ | 6.67 billion constant 2023 US$ | 8.28 billion constant 2023 US$ | 10 |
| 2020s | 9.48 billion constant 2023 US$ | 9.15 billion constant 2023 US$ | 9.80 billion constant 2023 US$ | 2 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 31 Burkina Faso 1.44 billion constant 2023 US$ compare
- 32 Zambia 1.42 billion constant 2023 US$ compare
- 33 Sudan 1.39 billion constant 2023 US$ compare
- 34 Rwanda 1.39 billion constant 2023 US$ compare
- 35 Mali 1.29 billion constant 2023 US$ compare
- 36 Niger 1.28 billion constant 2023 US$ compare
- 37 Madagascar 1.25 billion constant 2023 US$ 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 9.15 billion constant 2023 US$ in 2021, 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 Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 9.80 billion constant 2023 US$ in 2020.
- 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 2.61 billion constant 2023 US$ in 1977.
- 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 34th out of 47 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 13.6%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.