Net official development assistance received in Venezuela
Venezuela: Net official development assistance received was 405.30 million constant 2023 US$ in 2023. ◆ Volatile
Latest (2023)
405.30 million constant 2023 US$
Change on year
up 42.2%
World rank
79th
of 171 countries
All-time high
703.35 million constant 2023 US$
in 1962
All-time low
-434.74 million constant 2023 US$
in 1964
Years of data
64
1960–2023
Net official development assistance received in Venezuela, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Venezuela recorded 405.30 million constant 2023 US$ for net official development assistance received in 2023.
The figure is up 42.2% on the previous year and up 909.0% over ten years.
Over the whole period, net official development assistance received in Venezuela peaked at 703.35 million constant 2023 US$ in 1962 and was at its lowest, -434.74 million constant 2023 US$, in 1964.
Venezuela ranks 79th of 171 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Venezuela, year by year
| Year | constant 2023 US$ | 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% |
Venezuela compared with similar countries
- Venezuela's 405.30 million constant 2023 US$ is below the median for lower middle income countries, which is 691.09 million constant 2023 US$, 59% of the median. (47 countries reporting)
- Venezuela's 405.30 million constant 2023 US$ is above the median for Latin America & Caribbean, which is 142.19 million constant 2023 US$, 2.9× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1962 | +6815.3% | -10.47 million constant 2023 US$ | 703.35 million constant 2023 US$ |
| 1998 | +1726.7% | 3.25 million constant 2023 US$ | 59.36 million constant 2023 US$ |
| 1976 | -571.1% | 13.85 million constant 2023 US$ | -65.23 million constant 2023 US$ |
| 1966 | +425.2% | 39.06 million constant 2023 US$ | 205.17 million constant 2023 US$ |
| 1961 | -311.1% | -2.55 million constant 2023 US$ | -10.47 million constant 2023 US$ |
| 1964 | -224.1% | 350.43 million constant 2023 US$ | -434.74 million constant 2023 US$ |
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
- 76 Mauritania 419.49 million constant 2023 US$ compare
- 77 North Macedonia 414.46 million constant 2023 US$ compare
- 78 Panama 410.18 million constant 2023 US$ compare
- 80 Kosovo 402.26 million constant 2023 US$ compare
- 80 Kosovo (UNSCR 1244) 402.26 million constant 2023 US$ compare
- 82 Congo 377.50 million constant 2023 US$ compare
More aid effectiveness data for Venezuela
- Net bilateral aid flows from DAC donors, Austria 377,711 current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 6,185 current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 21.41 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 40.96 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 10.31 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 7.80 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 11.66 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 1.13 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 719,948 current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 5.29 million current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Venezuela?
- Net official development assistance received in Venezuela 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 received recorded in Venezuela?
- The highest recorded value was 703.35 million constant 2023 US$ in 1962.
- What is the lowest net official development assistance received recorded in Venezuela?
- The lowest recorded value was -434.74 million constant 2023 US$ in 1964.
- How does Venezuela rank for net official development assistance received?
- Venezuela ranks 79th out of 171 countries with data for 2023.
- Is net official development assistance received rising or falling in Venezuela?
- Over the last ten years it is up 909.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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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CSV · JSON — 64 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.