Net official development assistance received in Cuba
Cuba: Net official development assistance received was 167.15 million current US$ in 2023. ◆ Volatile
Net official development assistance received in Cuba, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net official development assistance received in Cuba stood at 167.15 million current US$.
Compared with earlier readings it is up 20.6% on the previous year and up 68.1% over ten years.
Over the whole period, net official development assistance received in Cuba peaked at 2.70 billion current US$ in 2016 and was at its lowest, -170,000 current US$, in 1963.
Cuba ranks 103rd of 171 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 230,000 current US$ | — |
| 1961 | 190,000 current US$ | -17.4% |
| 1962 | 40,000 current US$ | -78.9% |
| 1963 | -170,000 current US$ | -525.0% |
| 1964 | 440,000 current US$ | -358.8% |
| 1965 | 580,000 current US$ | +31.8% |
| 1966 | 730,000 current US$ | +25.9% |
| 1967 | 740,000 current US$ | +1.4% |
| 1968 | 650,000 current US$ | -12.2% |
| 1969 | 1.31 million current US$ | +101.5% |
| 1970 | 1.82 million current US$ | +38.9% |
| 1971 | 2.48 million current US$ | +36.3% |
| 1972 | 3.57 million current US$ | +44.0% |
| 1973 | 5.19 million current US$ | +45.4% |
| 1974 | 15.23 million current US$ | +193.4% |
| 1975 | 19.63 million current US$ | +28.9% |
| 1976 | 45.66 million current US$ | +132.6% |
| 1977 | 44.93 million current US$ | -1.6% |
| 1978 | 47.99 million current US$ | +6.8% |
| 1979 | 47.90 million current US$ | -0.2% |
| 1980 | 45.28 million current US$ | -5.5% |
| 1981 | 27.37 million current US$ | -39.6% |
| 1982 | 35.10 million current US$ | +28.2% |
| 1983 | 36.84 million current US$ | +5.0% |
| 1984 | 35.77 million current US$ | -2.9% |
| 1985 | 41.99 million current US$ | +17.4% |
| 1986 | 41.78 million current US$ | -0.5% |
| 1987 | 48.88 million current US$ | +17.0% |
| 1988 | 61.26 million current US$ | +25.3% |
| 1989 | 56.84 million current US$ | -7.2% |
| 1990 | 51.81 million current US$ | -8.8% |
| 1991 | 36.93 million current US$ | -28.7% |
| 1992 | 24.80 million current US$ | -32.8% |
| 1993 | 43.90 million current US$ | +77.0% |
| 1994 | 47.12 million current US$ | +7.3% |
| 1995 | 63.63 million current US$ | +35.0% |
| 1996 | 57.22 million current US$ | -10.1% |
| 1997 | 65.40 million current US$ | +14.3% |
| 1998 | 80.15 million current US$ | +22.6% |
| 1999 | 59.39 million current US$ | -25.9% |
| 2000 | 45.07 million current US$ | -24.1% |
| 2001 | 54.65 million current US$ | +21.3% |
| 2002 | 62.11 million current US$ | +13.6% |
| 2003 | 76.54 million current US$ | +23.2% |
| 2004 | 99.47 million current US$ | +30.0% |
| 2005 | 90.14 million current US$ | -9.4% |
| 2006 | 82.21 million current US$ | -8.8% |
| 2007 | 96.55 million current US$ | +17.4% |
| 2008 | 125.51 million current US$ | +30.0% |
| 2009 | 112.56 million current US$ | -10.3% |
| 2010 | 128.18 million current US$ | +13.9% |
| 2011 | 87.28 million current US$ | -31.9% |
| 2012 | 85.76 million current US$ | -1.7% |
| 2013 | 99.45 million current US$ | +16.0% |
| 2014 | 261.54 million current US$ | +163.0% |
| 2015 | 557.96 million current US$ | +113.3% |
| 2016 | 2.70 billion current US$ | +383.6% |
| 2017 | 734.72 million current US$ | -72.8% |
| 2018 | 749.78 million current US$ | +2.0% |
| 2019 | 497.99 million current US$ | -33.6% |
| 2020 | 530.09 million current US$ | +6.4% |
| 2021 | 153.13 million current US$ | -71.1% |
| 2022 | 138.59 million current US$ | -9.5% |
| 2023 | 167.15 million current US$ | +20.6% |
Cuba compared with similar countries
- Cuba's 167.15 million current US$ is below the median for upper middle income countries, which is 223.69 million current US$, 75% of the median. (59 countries reporting)
- Cuba's 167.15 million current US$ is above the median for Latin America & Caribbean, which is 133.38 million current US$, 1.3× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | -525.0% | 40,000 current US$ | -170,000 current US$ |
| 2016 | +383.6% | 557.96 million current US$ | 2.70 billion current US$ |
| 1964 | +358.8% | -170,000 current US$ | 440,000 current US$ |
| 1974 | +193.4% | 5.19 million current US$ | 15.23 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 474,000 current US$ | -170,000 current US$ | 1.31 million current US$ | 10 |
| 1970s | 23.44 million current US$ | 1.82 million current US$ | 47.99 million current US$ | 10 |
| 1980s | 43.11 million current US$ | 27.37 million current US$ | 61.26 million current US$ | 10 |
| 1990s | 53.03 million current US$ | 24.80 million current US$ | 80.15 million current US$ | 10 |
| 2000s | 84.48 million current US$ | 45.07 million current US$ | 125.51 million current US$ | 10 |
| 2010s | 590.08 million current US$ | 85.76 million current US$ | 2.70 billion current US$ | 10 |
| 2020s | 247.24 million current US$ | 138.59 million current US$ | 530.09 million current US$ | 4 |
Countries ranked near Cuba
More aid effectiveness data for Cuba
- Net bilateral aid flows from DAC donors, Austria 142,165 current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 582,429 current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 2.99 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 16.73 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 6.23 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 2.09 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 18.49 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 550,653 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 7.07 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 14.00 million current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Cuba?
- Net official development assistance received in Cuba was 167.15 million current 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 Cuba?
- The highest recorded value was 2.70 billion current US$ in 2016.
- What is the lowest net official development assistance received recorded in Cuba?
- The lowest recorded value was -170,000 current US$ in 1963.
- How does Cuba rank for net official development assistance received?
- Cuba ranks 103rd out of 171 countries with data for 2023.
- Is net official development assistance received rising or falling in Cuba?
- Over the last ten years it is up 68.1%. The long-run trend across the full record is volatile.
- Where does this Cuba 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 (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). Data are in current U.S. dollars.