Net official development assistance and official aid received in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Net official development assistance and official aid received was 405.30 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Venezuela, Bolivarian Republic of, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Venezuela, Bolivarian Republic of recorded 405.30 million constant 2023 US$ for net official development assistance and official aid received in 2023.
Compared with earlier readings it is up 42.2% on the previous year and up 909.0% over ten years.
Over the whole period, net official development assistance and official aid received in Venezuela, Bolivarian Republic of peaked at 703.35 million constant 2023 US$ in 1962 and was at its lowest, -434.74 million constant 2023 US$, in 1964.
Venezuela, Bolivarian Republic of ranks 83rd of 180 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Venezuela, Bolivarian Republic of, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1960 | -2.55 million constant 2023 US$ | — |
| 1961 | -10.47 million constant 2023 US$ | +311.1% |
| 1962 | 703.35 million constant 2023 US$ | -6815.3% |
| 1963 | 350.43 million constant 2023 US$ | -50.2% |
| 1964 | -434.74 million constant 2023 US$ | -224.1% |
| 1965 | 39.06 million constant 2023 US$ | -109.0% |
| 1966 | 205.17 million constant 2023 US$ | +425.2% |
| 1967 | 178.33 million constant 2023 US$ | -13.1% |
| 1968 | 123.36 million constant 2023 US$ | -30.8% |
| 1969 | 74.90 million constant 2023 US$ | -39.3% |
| 1970 | 34.93 million constant 2023 US$ | -53.4% |
| 1971 | 52.42 million constant 2023 US$ | +50.1% |
| 1972 | 50.38 million constant 2023 US$ | -3.9% |
| 1973 | 42.30 million constant 2023 US$ | -16.0% |
| 1974 | 22.75 million constant 2023 US$ | -46.2% |
| 1975 | 13.85 million constant 2023 US$ | -39.2% |
| 1976 | -65.23 million constant 2023 US$ | -571.1% |
| 1977 | -36.09 million constant 2023 US$ | -44.7% |
| 1978 | -63.42 million constant 2023 US$ | +75.8% |
| 1979 | 25.21 million constant 2023 US$ | -139.8% |
| 1980 | 43.30 million constant 2023 US$ | +71.7% |
| 1981 | 46.41 million constant 2023 US$ | +7.2% |
| 1982 | 52.58 million constant 2023 US$ | +13.3% |
| 1983 | 51.59 million constant 2023 US$ | -1.9% |
| 1984 | 53.75 million constant 2023 US$ | +4.2% |
| 1985 | 50.50 million constant 2023 US$ | -6.1% |
| 1986 | 47.20 million constant 2023 US$ | -6.5% |
| 1987 | 42.76 million constant 2023 US$ | -9.4% |
| 1988 | 48.18 million constant 2023 US$ | +12.7% |
| 1989 | 123.69 million constant 2023 US$ | +156.7% |
| 1990 | 128.46 million constant 2023 US$ | +3.8% |
| 1991 | 46.68 million constant 2023 US$ | -63.7% |
| 1992 | 46.30 million constant 2023 US$ | -0.8% |
| 1993 | 58.69 million constant 2023 US$ | +26.8% |
| 1994 | 36.33 million constant 2023 US$ | -38.1% |
| 1995 | 56.42 million constant 2023 US$ | +55.3% |
| 1996 | 46.31 million constant 2023 US$ | -17.9% |
| 1997 | 3.25 million constant 2023 US$ | -93.0% |
| 1998 | 59.36 million constant 2023 US$ | +1726.7% |
| 1999 | 66.57 million constant 2023 US$ | +12.1% |
| 2000 | 136.01 million constant 2023 US$ | +104.3% |
| 2001 | 76.47 million constant 2023 US$ | -43.8% |
| 2002 | 93.42 million constant 2023 US$ | +22.2% |
| 2003 | 115.35 million constant 2023 US$ | +23.5% |
| 2004 | 58.94 million constant 2023 US$ | -48.9% |
| 2005 | 60.77 million constant 2023 US$ | +3.1% |
| 2006 | 69.32 million constant 2023 US$ | +14.1% |
| 2007 | 80.18 million constant 2023 US$ | +15.7% |
| 2008 | 62.19 million constant 2023 US$ | -22.4% |
| 2009 | 63.84 million constant 2023 US$ | +2.6% |
| 2010 | 52.48 million constant 2023 US$ | -17.8% |
| 2011 | 50.38 million constant 2023 US$ | -4.0% |
| 2012 | 54.65 million constant 2023 US$ | +8.5% |
| 2013 | 40.17 million constant 2023 US$ | -26.5% |
| 2014 | 44.71 million constant 2023 US$ | +11.3% |
| 2015 | 43.31 million constant 2023 US$ | -3.1% |
| 2016 | 51.35 million constant 2023 US$ | +18.5% |
| 2017 | 99.71 million constant 2023 US$ | +94.2% |
| 2018 | 162.03 million constant 2023 US$ | +62.5% |
| 2019 | 294.05 million constant 2023 US$ | +81.5% |
| 2020 | 368.18 million constant 2023 US$ | +25.2% |
| 2021 | 286.14 million constant 2023 US$ | -22.3% |
| 2022 | 284.96 million constant 2023 US$ | -0.4% |
| 2023 | 405.30 million constant 2023 US$ | +42.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 122.68 million constant 2023 US$ | -434.74 million constant 2023 US$ | 703.35 million constant 2023 US$ | 10 |
| 1970s | 7.71 million constant 2023 US$ | -65.23 million constant 2023 US$ | 52.42 million constant 2023 US$ | 10 |
| 1980s | 56.00 million constant 2023 US$ | 42.76 million constant 2023 US$ | 123.69 million constant 2023 US$ | 10 |
| 1990s | 54.84 million constant 2023 US$ | 3.25 million constant 2023 US$ | 128.46 million constant 2023 US$ | 10 |
| 2000s | 81.65 million constant 2023 US$ | 58.94 million constant 2023 US$ | 136.01 million constant 2023 US$ | 10 |
| 2010s | 89.28 million constant 2023 US$ | 40.17 million constant 2023 US$ | 294.05 million constant 2023 US$ | 10 |
| 2020s | 336.14 million constant 2023 US$ | 284.96 million constant 2023 US$ | 405.30 million constant 2023 US$ | 4 |
Countries ranked near Venezuela, Bolivarian Republic of
- 80 Mauritania 419.49 million constant 2023 US$ compare
- 81 North Macedonia 414.46 million constant 2023 US$ compare
- 82 Panama 410.18 million constant 2023 US$ compare
- 84 Kosovo 402.26 million constant 2023 US$ compare
- 85 Congo 377.50 million constant 2023 US$ compare
- 86 Hungary 368.51 million constant 2023 US$ compare
More aid effectiveness data for Venezuela, Bolivarian Republic of
- Net official development assistance received (constant 2023 US$), per 14.32 constant 2023 US$ per person (2023)
- Net official development assistance and official aid received 14.32 constant 2023 US$ per person (2023)
- Net official development assistance received (current US$), annual 48.15 % change on previous year (2023)
- Net official development assistance received (current US$), per 459.49 current US$ per square kilometre (2023)
- Net official development assistance received (current US$), per unit 0.004 current US$ per US$ of GDP (2023)
- Net official development assistance received (current US$), per capita 14.32 current US$ per person (2023)
- Net official development assistance received (constant 2023 US$) 42.23 % change on previous year (2023)
- Net official development assistance received (constant 2023 US$), per 459.49 constant 2023 US$ per square kilometre (2023)
- Net official development assistance received (constant 2023 US$), per 0.004 constant 2023 US$ per US$ of GDP (2023)
- Net official development assistance and official aid received 0.004 constant 2023 US$ per US$ of GDP (2023)
Frequently asked questions
- What is net official development assistance and official aid received in Venezuela, Bolivarian Republic of?
- Net official development assistance and official aid received in Venezuela, Bolivarian Republic of was 405.30 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 Venezuela, Bolivarian Republic of?
- The highest recorded value was 703.35 million constant 2023 US$ in 1962.
- What is the lowest net official development assistance and official aid received recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -434.74 million constant 2023 US$ in 1964.
- How does Venezuela, Bolivarian Republic of rank for net official development assistance and official aid received?
- Venezuela, Bolivarian Republic of ranks 83rd out of 180 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 909.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of 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.