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 9.63 billion current US$ in 2021. ◆ Volatile
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 current US$.
Analysis
The most recent figure for net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries) is 9.63 billion current US$, measured in 2021.
That represents a change of down 1.7% on the previous year and up 15.4% 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 current US$ in 2020 and was at its lowest, 582.52 million current US$, in 1971.
That places Latin America & the Caribbean (IDA & IBRD countries) 34th out of 47 groups with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 676.63 million current US$ | — |
| 1971 | 582.52 million current US$ | -13.9% |
| 1972 | 601.58 million current US$ | +3.3% |
| 1973 | 632.20 million current US$ | +5.1% |
| 1974 | 709.09 million current US$ | +12.2% |
| 1975 | 866.94 million current US$ | +22.3% |
| 1976 | 823.34 million current US$ | -5.0% |
| 1977 | 786.51 million current US$ | -4.5% |
| 1978 | 1.03 billion current US$ | +30.8% |
| 1979 | 1.30 billion current US$ | +26.0% |
| 1980 | 1.55 billion current US$ | +19.1% |
| 1981 | 1.77 billion current US$ | +14.3% |
| 1982 | 1.93 billion current US$ | +9.3% |
| 1983 | 2.09 billion current US$ | +8.3% |
| 1984 | 2.26 billion current US$ | +8.2% |
| 1985 | 2.61 billion current US$ | +15.5% |
| 1986 | 2.92 billion current US$ | +11.8% |
| 1987 | 3.51 billion current US$ | +20.2% |
| 1988 | 3.56 billion current US$ | +1.5% |
| 1989 | 3.96 billion current US$ | +11.0% |
| 1990 | 4.39 billion current US$ | +10.9% |
| 1991 | 5.12 billion current US$ | +16.6% |
| 1992 | 4.64 billion current US$ | -9.3% |
| 1993 | 4.61 billion current US$ | -0.8% |
| 1994 | 4.85 billion current US$ | +5.3% |
| 1995 | 5.38 billion current US$ | +10.8% |
| 1996 | 5.03 billion current US$ | -6.5% |
| 1997 | 4.14 billion current US$ | -17.7% |
| 1998 | 3.98 billion current US$ | -3.7% |
| 1999 | 4.42 billion current US$ | +11.0% |
| 2000 | 3.56 billion current US$ | -19.6% |
| 2001 | 4.84 billion current US$ | +36.2% |
| 2002 | 4.27 billion current US$ | -11.8% |
| 2003 | 5.01 billion current US$ | +17.4% |
| 2004 | 5.29 billion current US$ | +5.5% |
| 2005 | 5.34 billion current US$ | +1.0% |
| 2006 | 6.04 billion current US$ | +13.1% |
| 2007 | 5.46 billion current US$ | -9.6% |
| 2008 | 6.88 billion current US$ | +26.1% |
| 2009 | 7.03 billion current US$ | +2.2% |
| 2010 | 8.08 billion current US$ | +14.9% |
| 2011 | 8.35 billion current US$ | +3.4% |
| 2012 | 7.67 billion current US$ | -8.1% |
| 2013 | 7.59 billion current US$ | -1.0% |
| 2014 | 7.53 billion current US$ | -0.8% |
| 2015 | 7.43 billion current US$ | -1.4% |
| 2016 | 6.98 billion current US$ | -6.0% |
| 2017 | 6.37 billion current US$ | -8.7% |
| 2018 | 8.02 billion current US$ | +25.8% |
| 2019 | 6.73 billion current US$ | -16.0% |
| 2020 | 9.80 billion current US$ | +45.7% |
| 2021 | 9.63 billion current US$ | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 800.48 million current US$ | 582.52 million current US$ | 1.30 billion current US$ | 10 |
| 1980s | 2.62 billion current US$ | 1.55 billion current US$ | 3.96 billion current US$ | 10 |
| 1990s | 4.66 billion current US$ | 3.98 billion current US$ | 5.38 billion current US$ | 10 |
| 2000s | 5.37 billion current US$ | 3.56 billion current US$ | 7.03 billion current US$ | 10 |
| 2010s | 7.48 billion current US$ | 6.37 billion current US$ | 8.35 billion current US$ | 10 |
| 2020s | 9.72 billion current US$ | 9.63 billion current US$ | 9.80 billion current US$ | 2 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 31 Burkina Faso 1.44 billion current US$ compare
- 32 Zambia 1.42 billion current US$ compare
- 33 Sudan 1.39 billion current US$ compare
- 34 Rwanda 1.39 billion current US$ compare
- 35 Russian Federation 1.32 billion current US$ compare
- 36 Mali 1.29 billion current US$ compare
- 37 Niger 1.28 billion current 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 9.63 billion current 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 current 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 582.52 million current US$ in 1971.
- 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 15.4%. The long-run trend across the full record is volatile.
- 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 (current 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 current U.S. dollars.