Net official development assistance and official aid … 2023 aid in Latvia
Latvia: Net official development assistance and official aid received was 198.32 million constant 2023 US$ in 2004. ▲ Rising
Net official development assistance and official aid received in Latvia, 1991–2004
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
In 2004, net official development assistance and official aid received in Latvia stood at 198.32 million constant 2023 US$. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 27.6% on the previous year and up 143.6% over ten years.
Over the whole period, net official development assistance and official aid received in Latvia peaked at 198.32 million constant 2023 US$ in 2004 and was at its lowest, 5.29 million constant 2023 US$, in 1991.
Latvia ranks 109th of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Net official development assistance and official aid received in Latvia, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1991 | 5.29 million constant 2023 US$ | — |
| 1992 | 123.86 million constant 2023 US$ | +2241.4% |
| 1993 | 51.89 million constant 2023 US$ | -58.1% |
| 1994 | 81.41 million constant 2023 US$ | +56.9% |
| 1995 | 85.91 million constant 2023 US$ | +5.5% |
| 1996 | 98.94 million constant 2023 US$ | +15.2% |
| 1997 | 122.06 million constant 2023 US$ | +23.4% |
| 1998 | 149.97 million constant 2023 US$ | +22.9% |
| 1999 | 156.55 million constant 2023 US$ | +4.4% |
| 2000 | 158.85 million constant 2023 US$ | +1.5% |
| 2001 | 188.62 million constant 2023 US$ | +18.7% |
| 2002 | 125.98 million constant 2023 US$ | -33.2% |
| 2003 | 155.47 million constant 2023 US$ | +23.4% |
| 2004 | 198.32 million constant 2023 US$ | +27.6% |
Latvia compared with similar countries
- Latvia's 198.32 million constant 2023 US$ is above the median for high income countries, which is 16.05 million constant 2023 US$, 12.4× the median. (49 countries reporting)
- Latvia's 198.32 million constant 2023 US$ is below the median for Europe & Central Asia, which is 350.40 million constant 2023 US$, 57% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +2241.4% | 5.29 million constant 2023 US$ | 123.86 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 97.32 million constant 2023 US$ | 5.29 million constant 2023 US$ | 156.55 million constant 2023 US$ | 9 |
| 2000s | 165.45 million constant 2023 US$ | 125.98 million constant 2023 US$ | 198.32 million constant 2023 US$ | 5 |
Countries ranked near Latvia
- 106 Armenia 205.14 million constant 2023 US$ compare
- 107 Algeria 202.31 million constant 2023 US$ compare
- 108 Maldives 200.51 million constant 2023 US$ compare
- 110 Fiji 190.19 million constant 2023 US$ compare
- 111 Guinea-Bissau 188.91 million constant 2023 US$ compare
- 112 Lesotho 172.32 million constant 2023 US$ compare
More aid effectiveness data for Latvia
- Net bilateral aid flows from DAC donors, Austria 110,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Belgium 60,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Canada 230,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, European Union institutions 133.54 million current US$ (2004)
- Net bilateral aid flows from DAC donors, Switzerland 110,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Germany 5.99 million current US$ (2004)
- Net bilateral aid flows from DAC donors, France 1.98 million current US$ (2004)
- Net bilateral aid flows from DAC donors, United Kingdom 100,000 current US$ (2003)
- Net bilateral aid flows from DAC donors, Italy 820,000 current US$ (2003)
- Net bilateral aid flows from DAC donors, Japan 690,000 current US$ (2004)
Frequently asked questions
- What is net official development assistance and official aid received in Latvia?
- Net official development assistance and official aid received in Latvia was 198.32 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 development assistance and official aid received recorded in Latvia?
- The highest recorded value was 198.32 million constant 2023 US$ in 2004.
- What is the lowest net official development assistance and official aid received recorded in Latvia?
- The lowest recorded value was 5.29 million constant 2023 US$ in 1991.
- How does Latvia rank for net official development assistance and official aid received?
- Latvia ranks 109th out of 181 countries with data for 2004.
- Is net official development assistance and official aid received rising or falling in Latvia?
- Over the last ten years it is up 143.6%. The long-run trend across the full record is rising.
- Where does this Latvia 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.