Net official development assistance received in Latin America & Caribbean
Latin America & Caribbean: Net official development assistance received was 10.75 billion constant 2023 US$ in 2023. ▲ Rising
Latest (2023)
10.75 billion constant 2023 US$
Change on year
down 13.9%
Rank
29th
of 45 groups
All-time high
12.76 billion constant 2023 US$
in 2016
All-time low
2.06 billion constant 2023 US$
in 1960
Years of data
64
1960–2023
Net official development assistance received in Latin America & Caribbean, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Latin America & Caribbean recorded 10.75 billion constant 2023 US$ for net official development assistance received in 2023.
The figure is down 13.9% on the previous year and up 17.3% over ten years.
Over the whole period, net official development assistance received in Latin America & Caribbean peaked at 12.76 billion constant 2023 US$ in 2016 and was at its lowest, 2.06 billion constant 2023 US$, in 1960.
Latin America & Caribbean ranks 29th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Net official development assistance received in Latin America & Caribbean, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1960 | 2.06 billion constant 2023 US$ | — |
| 1961 | 6.11 billion constant 2023 US$ | +197.3% |
| 1962 | 5.94 billion constant 2023 US$ | -2.8% |
| 1963 | 5.82 billion constant 2023 US$ | -2.0% |
| 1964 | 4.42 billion constant 2023 US$ | -24.0% |
| 1965 | 5.86 billion constant 2023 US$ | +32.7% |
| 1966 | 6.63 billion constant 2023 US$ | +13.0% |
| 1967 | 5.47 billion constant 2023 US$ | -17.4% |
| 1968 | 5.76 billion constant 2023 US$ | +5.1% |
| 1969 | 4.82 billion constant 2023 US$ | -16.2% |
| 1970 | 5.14 billion constant 2023 US$ | +6.6% |
| 1971 | 4.39 billion constant 2023 US$ | -14.6% |
| 1972 | 4.23 billion constant 2023 US$ | -3.5% |
| 1973 | 3.71 billion constant 2023 US$ | -12.3% |
| 1974 | 3.69 billion constant 2023 US$ | -0.6% |
| 1975 | 4.07 billion constant 2023 US$ | +10.3% |
| 1976 | 3.97 billion constant 2023 US$ | -2.5% |
| 1977 | 3.37 billion constant 2023 US$ | -15.0% |
| 1978 | 3.70 billion constant 2023 US$ | +9.6% |
| 1979 | 3.99 billion constant 2023 US$ | +7.8% |
| 1980 | 4.46 billion constant 2023 US$ | +11.8% |
| 1981 | 5.21 billion constant 2023 US$ | +16.9% |
| 1982 | 5.77 billion constant 2023 US$ | +10.8% |
| 1983 | 6.10 billion constant 2023 US$ | +5.8% |
| 1984 | 6.69 billion constant 2023 US$ | +9.6% |
| 1985 | 7.75 billion constant 2023 US$ | +15.9% |
| 1986 | 7.34 billion constant 2023 US$ | -5.3% |
| 1987 | 7.79 billion constant 2023 US$ | +6.1% |
| 1988 | 7.50 billion constant 2023 US$ | -3.7% |
| 1989 | 8.09 billion constant 2023 US$ | +7.9% |
| 1990 | 7.89 billion constant 2023 US$ | -2.4% |
| 1991 | 8.68 billion constant 2023 US$ | +9.9% |
| 1992 | 7.36 billion constant 2023 US$ | -15.1% |
| 1993 | 7.54 billion constant 2023 US$ | +2.4% |
| 1994 | 7.82 billion constant 2023 US$ | +3.7% |
| 1995 | 7.62 billion constant 2023 US$ | -2.5% |
| 1996 | 7.17 billion constant 2023 US$ | -6.0% |
| 1997 | 6.75 billion constant 2023 US$ | -5.8% |
| 1998 | 6.91 billion constant 2023 US$ | +2.5% |
| 1999 | 7.37 billion constant 2023 US$ | +6.6% |
| 2000 | 6.71 billion constant 2023 US$ | -8.9% |
| 2001 | 8.56 billion constant 2023 US$ | +27.5% |
| 2002 | 7.13 billion constant 2023 US$ | -16.7% |
| 2003 | 7.73 billion constant 2023 US$ | +8.4% |
| 2004 | 8.15 billion constant 2023 US$ | +5.5% |
| 2005 | 7.50 billion constant 2023 US$ | -8.0% |
| 2006 | 8.13 billion constant 2023 US$ | +8.4% |
| 2007 | 7.11 billion constant 2023 US$ | -12.5% |
| 2008 | 8.47 billion constant 2023 US$ | +19.1% |
| 2009 | 8.71 billion constant 2023 US$ | +2.8% |
| 2010 | 9.80 billion constant 2023 US$ | +12.5% |
| 2011 | 9.91 billion constant 2023 US$ | +1.1% |
| 2012 | 10.01 billion constant 2023 US$ | +1.1% |
| 2013 | 9.17 billion constant 2023 US$ | -8.5% |
| 2014 | 9.27 billion constant 2023 US$ | +1.1% |
| 2015 | 10.58 billion constant 2023 US$ | +14.1% |
| 2016 | 12.76 billion constant 2023 US$ | +20.6% |
| 2017 | 9.55 billion constant 2023 US$ | -25.1% |
| 2018 | 10.87 billion constant 2023 US$ | +13.8% |
| 2019 | 9.23 billion constant 2023 US$ | -15.1% |
| 2020 | 12.62 billion constant 2023 US$ | +36.7% |
| 2021 | 11.08 billion constant 2023 US$ | -12.2% |
| 2022 | 12.48 billion constant 2023 US$ | +12.6% |
| 2023 | 10.75 billion constant 2023 US$ | -13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.29 billion constant 2023 US$ | 2.06 billion constant 2023 US$ | 6.63 billion constant 2023 US$ | 10 |
| 1970s | 4.03 billion constant 2023 US$ | 3.37 billion constant 2023 US$ | 5.14 billion constant 2023 US$ | 10 |
| 1980s | 6.67 billion constant 2023 US$ | 4.46 billion constant 2023 US$ | 8.09 billion constant 2023 US$ | 10 |
| 1990s | 7.51 billion constant 2023 US$ | 6.75 billion constant 2023 US$ | 8.68 billion constant 2023 US$ | 10 |
| 2000s | 7.82 billion constant 2023 US$ | 6.71 billion constant 2023 US$ | 8.71 billion constant 2023 US$ | 10 |
| 2010s | 10.11 billion constant 2023 US$ | 9.17 billion constant 2023 US$ | 12.76 billion constant 2023 US$ | 10 |
| 2020s | 11.73 billion constant 2023 US$ | 10.75 billion constant 2023 US$ | 12.62 billion constant 2023 US$ | 4 |
Countries ranked near Latin America & Caribbean
- 26 Cambodia 1.58 billion constant 2023 US$ compare
- 27 Ghana 1.57 billion constant 2023 US$ compare
- 28 Türkiye 1.55 billion constant 2023 US$ compare
- 29 South Africa 1.51 billion constant 2023 US$ compare
- 30 Burkina Faso 1.44 billion constant 2023 US$ compare
- 31 Zambia 1.42 billion constant 2023 US$ compare
- 32 Sudan 1.39 billion constant 2023 US$ compare
More aid effectiveness data for Latin America & Caribbean
- Net official development assistance and official aid received 17.27 constant 2023 US$ per person (2021)
- Net bilateral aid flows from DAC donors, United States 2.85 billion current US$ (2023)
- Net official flows from UN agencies, UNDP (current US$), annual -100 % change on previous year (2023)
- Net official flows from UN agencies, UNDP (current US$), per square 0 current US$ per square kilometre (2023)
- Net official flows from UN agencies, UNDP (current US$), per unit of 0 current US$ per US$ of GDP (2023)
- Net official flows from UN agencies, UNDP (current US$), per capita 0 current US$ per person (2023)
- Net official development assistance and official aid received -2.72 % change on previous year (2021)
- Net official flows from UN agencies, UNICEF 26.75 million current US$ (2023)
- Net official development assistance and official aid received 590.77 current US$ per square kilometre (2021)
- Net official flows from UN agencies, UNDP 0 current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Latin America & Caribbean?
- Net official development assistance received in Latin America & Caribbean was 10.75 billion 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 received recorded in Latin America & Caribbean?
- The highest recorded value was 12.76 billion constant 2023 US$ in 2016.
- What is the lowest net official development assistance received recorded in Latin America & Caribbean?
- The lowest recorded value was 2.06 billion constant 2023 US$ in 1960.
- How does Latin America & Caribbean rank for net official development assistance received?
- Latin America & Caribbean ranks 29th out of 45 groups with data for 2023.
- Is net official development assistance received rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 17.3%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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 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). Data are in constant 2023 U.S. dollars.