Net official development assistance received … unit GDP current in Venezuela
Venezuela: Net official development assistance received … unit GDP current was 0.004 current US$ per US$ of GDP in 2023. ◆ Volatile
Net official development assistance received (current US$), per unit in Venezuela, 1960–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Venezuela recorded 0.004 current US$ per US$ of GDP for net official development assistance received (current us$), per unit in 2023.
The figure is up 28.8% on the previous year and up 2,605.0% over ten years.
Over the whole period, net official development assistance received (current us$), per unit in Venezuela peaked at 0.0091 current US$ per US$ of GDP in 1962 and was at its lowest, -0.0065 current US$ per US$ of GDP, in 1964.
Venezuela ranks 118th of 164 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 … unit GDP current in Venezuela, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0001 current US$ per US$ of GDP | — |
| 1961 | 0.0011 current US$ per US$ of GDP | +935.5% |
| 1962 | 0.0091 current US$ per US$ of GDP | +739.0% |
| 1963 | 0.0046 current US$ per US$ of GDP | -49.6% |
| 1964 | -0.0065 current US$ per US$ of GDP | -243.3% |
| 1965 | 0.0017 current US$ per US$ of GDP | -125.6% |
| 1966 | 0.0033 current US$ per US$ of GDP | +94.9% |
| 1967 | 0.0028 current US$ per US$ of GDP | -15.5% |
| 1968 | 0.0018 current US$ per US$ of GDP | -33.5% |
| 1969 | 0.0011 current US$ per US$ of GDP | -37.8% |
| 1970 | 0.0004 current US$ per US$ of GDP | -62.8% |
| 1971 | 0.0006 current US$ per US$ of GDP | +44.5% |
| 1972 | 0.0006 current US$ per US$ of GDP | -2.2% |
| 1973 | 0.0005 current US$ per US$ of GDP | -17.5% |
| 1974 | 0.0002 current US$ per US$ of GDP | -60.1% |
| 1975 | 0.0001 current US$ per US$ of GDP | -30.4% |
| 1976 | -0.0005 current US$ per US$ of GDP | -452.7% |
| 1977 | -0.0002 current US$ per US$ of GDP | -52.4% |
| 1978 | -0.0004 current US$ per US$ of GDP | +66.0% |
| 1979 | 0.0002 current US$ per US$ of GDP | -156.6% |
| 1980 | 0.0003 current US$ per US$ of GDP | +51.9% |
| 1981 | 0.0003 current US$ per US$ of GDP | -21.0% |
| 1982 | 0.0003 current US$ per US$ of GDP | +5.3% |
| 1983 | 0.0003 current US$ per US$ of GDP | -3.6% |
| 1984 | 0.0003 current US$ per US$ of GDP | +10.2% |
| 1985 | 0.0003 current US$ per US$ of GDP | -8.5% |
| 1986 | 0.0003 current US$ per US$ of GDP | +29.5% |
| 1987 | 0.0005 current US$ per US$ of GDP | +38.5% |
| 1988 | 0.0004 current US$ per US$ of GDP | -7.4% |
| 1989 | 0.0015 current US$ per US$ of GDP | +235.1% |
| 1990 | 0.0017 current US$ per US$ of GDP | +11.7% |
| 1991 | 0.0006 current US$ per US$ of GDP | -64.8% |
| 1992 | 0.0006 current US$ per US$ of GDP | -1.5% |
| 1993 | 0.0007 current US$ per US$ of GDP | +22.0% |
| 1994 | 0.0005 current US$ per US$ of GDP | -32.8% |
| 1995 | 0.0006 current US$ per US$ of GDP | +23.0% |
| 1996 | 0.0005 current US$ per US$ of GDP | -11.8% |
| 1997 | 0.0001 current US$ per US$ of GDP | -83.1% |
| 1998 | 0.0004 current US$ per US$ of GDP | +410.3% |
| 1999 | 0.0004 current US$ per US$ of GDP | +1.5% |
| 2000 | 0.0007 current US$ per US$ of GDP | +49.3% |
| 2001 | 0.0004 current US$ per US$ of GDP | -45.1% |
| 2002 | 0.0006 current US$ per US$ of GDP | +69.2% |
| 2003 | 0.001 current US$ per US$ of GDP | +59.0% |
| 2004 | 0.0004 current US$ per US$ of GDP | -57.9% |
| 2005 | 0.0003 current US$ per US$ of GDP | -19.2% |
| 2006 | 0.0003 current US$ per US$ of GDP | -7.0% |
| 2007 | 0.0003 current US$ per US$ of GDP | +1.6% |
| 2008 | 0.0002 current US$ per US$ of GDP | -40.0% |
| 2009 | 0.0002 current US$ per US$ of GDP | -5.8% |
| 2010 | 0.0001 current US$ per US$ of GDP | -31.0% |
| 2011 | 0.0002 current US$ per US$ of GDP | +25.3% |
| 2012 | 0.0001 current US$ per US$ of GDP | -11.8% |
| 2013 | 0.0001 current US$ per US$ of GDP | +7.1% |
| 2014 | 0.0002 current US$ per US$ of GDP | +37.2% |
| 2015 | 0.0003 current US$ per US$ of GDP | +45.5% |
| 2016 | 0.0004 current US$ per US$ of GDP | +31.6% |
| 2017 | 0.0007 current US$ per US$ of GDP | +94.9% |
| 2018 | 0.0015 current US$ per US$ of GDP | +95.1% |
| 2019 | 0.0036 current US$ per US$ of GDP | +144.8% |
| 2020 | 0.0078 current US$ per US$ of GDP | +117.4% |
| 2021 | 0.0048 current US$ per US$ of GDP | -37.7% |
| 2022 | 0.0031 current US$ per US$ of GDP | -36.6% |
| 2023 | 0.004 current US$ per US$ of GDP | +28.8% |
Venezuela compared with similar countries
- Venezuela's 0.004 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.029 current US$ per US$ of GDP, 14% of the median. (47 countries reporting)
- Venezuela's 0.004 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0049 current US$ per US$ of GDP, 81% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received … unit GDP current 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 |
|---|---|---|---|
| 1961 | +935.5% | 0.0001 current US$ per US$ of GDP | 0.0011 current US$ per US$ of GDP |
| 1962 | +739.0% | 0.0011 current US$ per US$ of GDP | 0.0091 current US$ per US$ of GDP |
| 1976 | -452.7% | 0.0001 current US$ per US$ of GDP | -0.0005 current US$ per US$ of GDP |
| 1998 | +410.3% | 0.0001 current US$ per US$ of GDP | 0.0004 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0019 current US$ per US$ of GDP | -0.0065 current US$ per US$ of GDP | 0.0091 current US$ per US$ of GDP | 10 |
| 1970s | 0.0002 current US$ per US$ of GDP | -0.0005 current US$ per US$ of GDP | 0.0006 current US$ per US$ of GDP | 10 |
| 1980s | 0.0004 current US$ per US$ of GDP | 0.0003 current US$ per US$ of GDP | 0.0015 current US$ per US$ of GDP | 10 |
| 1990s | 0.0006 current US$ per US$ of GDP | 0.0001 current US$ per US$ of GDP | 0.0017 current US$ per US$ of GDP | 10 |
| 2000s | 0.0004 current US$ per US$ of GDP | 0.0002 current US$ per US$ of GDP | 0.001 current US$ per US$ of GDP | 10 |
| 2010s | 0.0007 current US$ per US$ of GDP | 0.0001 current US$ per US$ of GDP | 0.0036 current US$ per US$ of GDP | 10 |
| 2020s | 0.0049 current US$ per US$ of GDP | 0.0031 current US$ per US$ of GDP | 0.0078 current US$ per US$ of GDP | 4 |
Countries ranked near Venezuela
- 115 Guatemala 0.0043 current US$ per US$ of GDP compare
- 116 Philippines 0.0042 current US$ per US$ of GDP compare
- 117 Jamaica 0.004 current US$ per US$ of GDP compare
- 119 South Africa 0.004 current US$ per US$ of GDP compare
- 120 Antigua and Barbuda 0.0038 current US$ per US$ of GDP compare
- 121 Barbados 0.0029 current US$ per US$ of GDP 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 (current us$), per unit in Venezuela?
- Net official development assistance received (current us$), per unit in Venezuela was 0.004 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest net official development assistance received (current us$), per unit recorded in Venezuela?
- The highest recorded value was 0.0091 current US$ per US$ of GDP in 1962.
- What is the lowest net official development assistance received (current us$), per unit recorded in Venezuela?
- The lowest recorded value was -0.0065 current US$ per US$ of GDP in 1964.
- How does Venezuela rank for net official development assistance received (current us$), per unit?
- Venezuela ranks 118th out of 164 countries with data for 2023.
- Is net official development assistance received (current us$), per unit rising or falling in Venezuela?
- Over the last ten years it is up 2,605.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Net official development assistance received (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Net official development assistance received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net official development assistance received (current US$) ÷ GDP (current US$)
Computed from
- Net official development assistance received Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net official development assistance received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.