Net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Net official development assistance received was 9.15 billion constant 2023 US$ in 2021. ▲ Rising
Net official development assistance 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 constant 2023 US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 9.15 billion constant 2023 US$ for net official development assistance received in 2021.
That represents a change of down 6.7% on the previous year and up 13.6% over ten years.
Over the whole period, net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries) peaked at 9.80 billion constant 2023 US$ in 2020 and was at its lowest, 2.61 billion constant 2023 US$, in 1977.
That places Latin America & the Caribbean (IDA & IBRD countries) 34th out of 45 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1970 | 3.91 billion constant 2023 US$ | — |
| 1971 | 3.20 billion constant 2023 US$ | -18.2% |
| 1972 | 3.14 billion constant 2023 US$ | -2.0% |
| 1973 | 2.95 billion constant 2023 US$ | -6.1% |
| 1974 | 3.03 billion constant 2023 US$ | +2.8% |
| 1975 | 3.29 billion constant 2023 US$ | +8.6% |
| 1976 | 3.01 billion constant 2023 US$ | -8.5% |
| 1977 | 2.61 billion constant 2023 US$ | -13.4% |
| 1978 | 2.95 billion constant 2023 US$ | +13.1% |
| 1979 | 3.31 billion constant 2023 US$ | +12.1% |
| 1980 | 3.65 billion constant 2023 US$ | +10.2% |
| 1981 | 4.36 billion constant 2023 US$ | +19.6% |
| 1982 | 4.79 billion constant 2023 US$ | +10.0% |
| 1983 | 5.07 billion constant 2023 US$ | +5.8% |
| 1984 | 5.52 billion constant 2023 US$ | +8.8% |
| 1985 | 6.23 billion constant 2023 US$ | +12.8% |
| 1986 | 5.99 billion constant 2023 US$ | -3.8% |
| 1987 | 6.44 billion constant 2023 US$ | +7.5% |
| 1988 | 6.17 billion constant 2023 US$ | -4.2% |
| 1989 | 6.76 billion constant 2023 US$ | +9.6% |
| 1990 | 6.80 billion constant 2023 US$ | +0.5% |
| 1991 | 7.52 billion constant 2023 US$ | +10.7% |
| 1992 | 6.33 billion constant 2023 US$ | -15.8% |
| 1993 | 6.53 billion constant 2023 US$ | +3.2% |
| 1994 | 6.70 billion constant 2023 US$ | +2.6% |
| 1995 | 6.52 billion constant 2023 US$ | -2.7% |
| 1996 | 6.19 billion constant 2023 US$ | -5.1% |
| 1997 | 5.64 billion constant 2023 US$ | -8.7% |
| 1998 | 5.61 billion constant 2023 US$ | -0.7% |
| 1999 | 6.05 billion constant 2023 US$ | +7.8% |
| 2000 | 5.07 billion constant 2023 US$ | -16.1% |
| 2001 | 7.32 billion constant 2023 US$ | +44.5% |
| 2002 | 6.16 billion constant 2023 US$ | -15.9% |
| 2003 | 6.49 billion constant 2023 US$ | +5.5% |
| 2004 | 6.30 billion constant 2023 US$ | -3.0% |
| 2005 | 6.22 billion constant 2023 US$ | -1.3% |
| 2006 | 6.87 billion constant 2023 US$ | +10.5% |
| 2007 | 5.71 billion constant 2023 US$ | -16.8% |
| 2008 | 6.79 billion constant 2023 US$ | +18.9% |
| 2009 | 7.13 billion constant 2023 US$ | +5.0% |
| 2010 | 8.28 billion constant 2023 US$ | +16.1% |
| 2011 | 8.06 billion constant 2023 US$ | -2.7% |
| 2012 | 7.61 billion constant 2023 US$ | -5.5% |
| 2013 | 7.16 billion constant 2023 US$ | -5.9% |
| 2014 | 7.21 billion constant 2023 US$ | +0.7% |
| 2015 | 7.96 billion constant 2023 US$ | +10.4% |
| 2016 | 7.51 billion constant 2023 US$ | -5.6% |
| 2017 | 6.67 billion constant 2023 US$ | -11.2% |
| 2018 | 8.05 billion constant 2023 US$ | +20.7% |
| 2019 | 6.89 billion constant 2023 US$ | -14.4% |
| 2020 | 9.80 billion constant 2023 US$ | +42.3% |
| 2021 | 9.15 billion constant 2023 US$ | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.14 billion constant 2023 US$ | 2.61 billion constant 2023 US$ | 3.91 billion constant 2023 US$ | 10 |
| 1980s | 5.50 billion constant 2023 US$ | 3.65 billion constant 2023 US$ | 6.76 billion constant 2023 US$ | 10 |
| 1990s | 6.39 billion constant 2023 US$ | 5.61 billion constant 2023 US$ | 7.52 billion constant 2023 US$ | 10 |
| 2000s | 6.41 billion constant 2023 US$ | 5.07 billion constant 2023 US$ | 7.32 billion constant 2023 US$ | 10 |
| 2010s | 7.54 billion constant 2023 US$ | 6.67 billion constant 2023 US$ | 8.28 billion constant 2023 US$ | 10 |
| 2020s | 9.48 billion constant 2023 US$ | 9.15 billion constant 2023 US$ | 9.80 billion constant 2023 US$ | 2 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 31 Zambia 1.42 billion constant 2023 US$ compare
- 32 Sudan 1.39 billion constant 2023 US$ compare
- 33 Rwanda 1.39 billion constant 2023 US$ compare
- 34 Mali 1.29 billion constant 2023 US$ compare
- 35 Niger 1.28 billion constant 2023 US$ compare
- 36 Madagascar 1.25 billion constant 2023 US$ compare
- 37 Tunisia 1.23 billion constant 2023 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 received in Latin America & the Caribbean (IDA & IBRD countries)?
- Net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries) was 9.15 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 received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 9.80 billion constant 2023 US$ in 2020.
- What is the lowest net official development assistance received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 2.61 billion constant 2023 US$ in 1977.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for net official development assistance received?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 34th out of 45 groups with data for 2021.
- Is net official development assistance received rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is rising.
- 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 received (constant 2023 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.