Net official development assistance and official aid … 2023 aid in Least developed countries
Least developed countries: Net official development assistance and official aid received was 57.68 billion constant 2023 US$ in 2021. ◆ Volatile
Net official development assistance and official aid received in Least developed countries, 1970–2021
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
The most recent figure for net official development assistance and official aid received in Least developed countries is 57.68 billion constant 2023 US$, measured in 2021.
That represents a change of down 10.5% on the previous year and up 35.3% over ten years.
Over the whole period, net official development assistance and official aid received in Least developed countries peaked at 64.46 billion constant 2023 US$ in 2020 and was at its lowest, 5.54 billion constant 2023 US$, in 1970.
That places Least developed countries 11th out of 47 groups with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Least developed countries, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1970 | 5.54 billion constant 2023 US$ | — |
| 1971 | 6.45 billion constant 2023 US$ | +16.5% |
| 1972 | 7.83 billion constant 2023 US$ | +21.4% |
| 1973 | 9.58 billion constant 2023 US$ | +22.3% |
| 1974 | 13.56 billion constant 2023 US$ | +41.6% |
| 1975 | 15.73 billion constant 2023 US$ | +16.0% |
| 1976 | 13.12 billion constant 2023 US$ | -16.6% |
| 1977 | 14.82 billion constant 2023 US$ | +12.9% |
| 1978 | 16.78 billion constant 2023 US$ | +13.2% |
| 1979 | 18.55 billion constant 2023 US$ | +10.5% |
| 1980 | 19.80 billion constant 2023 US$ | +6.7% |
| 1981 | 19.82 billion constant 2023 US$ | +0.1% |
| 1982 | 21.45 billion constant 2023 US$ | +8.2% |
| 1983 | 20.25 billion constant 2023 US$ | -5.6% |
| 1984 | 21.58 billion constant 2023 US$ | +6.6% |
| 1985 | 23.68 billion constant 2023 US$ | +9.7% |
| 1986 | 23.04 billion constant 2023 US$ | -2.7% |
| 1987 | 23.01 billion constant 2023 US$ | -0.1% |
| 1988 | 22.49 billion constant 2023 US$ | -2.3% |
| 1989 | 22.89 billion constant 2023 US$ | +1.8% |
| 1990 | 24.07 billion constant 2023 US$ | +5.2% |
| 1991 | 23.10 billion constant 2023 US$ | -4.0% |
| 1992 | 22.71 billion constant 2023 US$ | -1.7% |
| 1993 | 21.40 billion constant 2023 US$ | -5.8% |
| 1994 | 22.18 billion constant 2023 US$ | +3.7% |
| 1995 | 20.30 billion constant 2023 US$ | -8.5% |
| 1996 | 16.87 billion constant 2023 US$ | -16.9% |
| 1997 | 17.28 billion constant 2023 US$ | +2.4% |
| 1998 | 16.98 billion constant 2023 US$ | -1.7% |
| 1999 | 16.73 billion constant 2023 US$ | -1.5% |
| 2000 | 17.84 billion constant 2023 US$ | +6.6% |
| 2001 | 20.92 billion constant 2023 US$ | +17.3% |
| 2002 | 25.49 billion constant 2023 US$ | +21.8% |
| 2003 | 30.59 billion constant 2023 US$ | +20.0% |
| 2004 | 29.61 billion constant 2023 US$ | -3.2% |
| 2005 | 29.29 billion constant 2023 US$ | -1.1% |
| 2006 | 31.52 billion constant 2023 US$ | +7.6% |
| 2007 | 34.93 billion constant 2023 US$ | +10.8% |
| 2008 | 37.61 billion constant 2023 US$ | +7.7% |
| 2009 | 40.43 billion constant 2023 US$ | +7.5% |
| 2010 | 43.97 billion constant 2023 US$ | +8.8% |
| 2011 | 42.62 billion constant 2023 US$ | -3.1% |
| 2012 | 41.91 billion constant 2023 US$ | -1.7% |
| 2013 | 46.25 billion constant 2023 US$ | +10.4% |
| 2014 | 42.24 billion constant 2023 US$ | -8.7% |
| 2015 | 45.88 billion constant 2023 US$ | +8.6% |
| 2016 | 46.38 billion constant 2023 US$ | +1.1% |
| 2017 | 51.34 billion constant 2023 US$ | +10.7% |
| 2018 | 54.72 billion constant 2023 US$ | +6.6% |
| 2019 | 54.38 billion constant 2023 US$ | -0.6% |
| 2020 | 64.46 billion constant 2023 US$ | +18.5% |
| 2021 | 57.68 billion constant 2023 US$ | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.20 billion constant 2023 US$ | 5.54 billion constant 2023 US$ | 18.55 billion constant 2023 US$ | 10 |
| 1980s | 21.80 billion constant 2023 US$ | 19.80 billion constant 2023 US$ | 23.68 billion constant 2023 US$ | 10 |
| 1990s | 20.16 billion constant 2023 US$ | 16.73 billion constant 2023 US$ | 24.07 billion constant 2023 US$ | 10 |
| 2000s | 29.82 billion constant 2023 US$ | 17.84 billion constant 2023 US$ | 40.43 billion constant 2023 US$ | 10 |
| 2010s | 46.97 billion constant 2023 US$ | 41.91 billion constant 2023 US$ | 54.72 billion constant 2023 US$ | 10 |
| 2020s | 61.07 billion constant 2023 US$ | 57.68 billion constant 2023 US$ | 64.46 billion constant 2023 US$ | 2 |
Countries ranked near Least developed countries
- 8 Palestine 3.62 billion constant 2023 US$ compare
- 9 Nigeria 3.60 billion constant 2023 US$ compare
- 10 Afghanistan 3.06 billion constant 2023 US$ compare
- 11 Tanzania 3.06 billion constant 2023 US$ compare
- 12 Mozambique 2.93 billion constant 2023 US$ compare
- 13 Jordan 2.83 billion constant 2023 US$ compare
- 14 Kenya 2.60 billion constant 2023 US$ compare
More aid effectiveness data for Least developed countries
- Net bilateral aid flows from DAC donors, Austria 92.13 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Belgium 410.90 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Canada 1.35 billion current US$ (2022)
- Net bilateral aid flows from DAC donors, European Union institutions 3.75 billion current US$ (2022)
- Net bilateral aid flows from DAC donors, Switzerland 649.96 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Germany 3.12 billion current US$ (2022)
- Net bilateral aid flows from DAC donors, France 1.96 billion current US$ (2022)
- Net bilateral aid flows from DAC donors, United Kingdom 1.48 billion current US$ (2022)
- Net bilateral aid flows from DAC donors, Italy 381.23 million current US$ (2022)
- Net bilateral aid flows from DAC donors, Japan 4.39 billion current US$ (2022)
Frequently asked questions
- What is net official development assistance and official aid received in Least developed countries?
- Net official development assistance and official aid received in Least developed countries was 57.68 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 Least developed countries?
- The highest recorded value was 64.46 billion constant 2023 US$ in 2020.
- What is the lowest net official development assistance and official aid received recorded in Least developed countries?
- The lowest recorded value was 5.54 billion constant 2023 US$ in 1970.
- How does Least developed countries rank for net official development assistance and official aid received?
- Least developed countries ranks 11th out of 47 groups with data for 2021.
- Is net official development assistance and official aid received rising or falling in Least developed countries?
- Over the last ten years it is up 35.3%. The long-run trend across the full record is volatile.
- Where does this Least developed 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.