Net official development assistance received in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Net official development assistance received was 10.75 billion current US$ in 2023. ◆ Volatile
Net official development assistance received in Latin America & Caribbean (excluding high income), 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
Latin America & Caribbean (excluding high income) recorded 10.75 billion current US$ for net official development assistance received in 2023.
That represents a change of down 9.6% on the previous year and up 23.2% over ten years.
Over the whole period, net official development assistance received in Latin America & Caribbean (excluding high income) peaked at 11.90 billion current US$ in 2022 and was at its lowest, 247.60 million current US$, in 1960.
Latin America & Caribbean (excluding high income) ranks 29th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 247.60 million current US$ | — |
| 1961 | 769.52 million current US$ | +210.8% |
| 1962 | 728.15 million current US$ | -5.4% |
| 1963 | 724.99 million current US$ | -0.4% |
| 1964 | 551.95 million current US$ | -23.9% |
| 1965 | 780.38 million current US$ | +41.4% |
| 1966 | 914.70 million current US$ | +17.2% |
| 1967 | 784.34 million current US$ | -14.3% |
| 1968 | 835.76 million current US$ | +6.6% |
| 1969 | 730.72 million current US$ | -12.6% |
| 1970 | 758.42 million current US$ | +3.8% |
| 1971 | 682.82 million current US$ | -10.0% |
| 1972 | 709.00 million current US$ | +3.8% |
| 1973 | 709.37 million current US$ | +0.1% |
| 1974 | 786.64 million current US$ | +10.9% |
| 1975 | 978.14 million current US$ | +24.3% |
| 1976 | 993.77 million current US$ | +1.6% |
| 1977 | 938.82 million current US$ | -5.5% |
| 1978 | 1.19 billion current US$ | +26.9% |
| 1979 | 1.46 billion current US$ | +22.7% |
| 1980 | 1.75 billion current US$ | +19.5% |
| 1981 | 1.95 billion current US$ | +11.8% |
| 1982 | 2.14 billion current US$ | +9.7% |
| 1983 | 2.31 billion current US$ | +7.6% |
| 1984 | 2.49 billion current US$ | +8.1% |
| 1985 | 2.93 billion current US$ | +17.7% |
| 1986 | 3.25 billion current US$ | +10.7% |
| 1987 | 3.87 billion current US$ | +19.3% |
| 1988 | 3.96 billion current US$ | +2.2% |
| 1989 | 4.37 billion current US$ | +10.3% |
| 1990 | 4.71 billion current US$ | +7.9% |
| 1991 | 5.51 billion current US$ | +16.9% |
| 1992 | 5.05 billion current US$ | -8.3% |
| 1993 | 4.94 billion current US$ | -2.3% |
| 1994 | 5.24 billion current US$ | +6.1% |
| 1995 | 5.88 billion current US$ | +12.3% |
| 1996 | 5.47 billion current US$ | -7.0% |
| 1997 | 4.62 billion current US$ | -15.6% |
| 1998 | 4.57 billion current US$ | -0.9% |
| 1999 | 5.04 billion current US$ | +10.2% |
| 2000 | 4.38 billion current US$ | -13.2% |
| 2001 | 5.26 billion current US$ | +20.2% |
| 2002 | 4.60 billion current US$ | -12.5% |
| 2003 | 5.47 billion current US$ | +18.8% |
| 2004 | 6.21 billion current US$ | +13.6% |
| 2005 | 5.91 billion current US$ | -4.7% |
| 2006 | 6.56 billion current US$ | +10.9% |
| 2007 | 6.22 billion current US$ | -5.1% |
| 2008 | 7.85 billion current US$ | +26.2% |
| 2009 | 7.78 billion current US$ | -0.9% |
| 2010 | 8.53 billion current US$ | +9.6% |
| 2011 | 9.38 billion current US$ | +9.9% |
| 2012 | 9.15 billion current US$ | -2.4% |
| 2013 | 8.73 billion current US$ | -4.7% |
| 2014 | 8.82 billion current US$ | +1.0% |
| 2015 | 8.98 billion current US$ | +1.8% |
| 2016 | 10.80 billion current US$ | +20.4% |
| 2017 | 8.20 billion current US$ | -24.1% |
| 2018 | 9.89 billion current US$ | +20.6% |
| 2019 | 8.23 billion current US$ | -16.8% |
| 2020 | 11.62 billion current US$ | +41.3% |
| 2021 | 10.85 billion current US$ | -6.6% |
| 2022 | 11.90 billion current US$ | +9.6% |
| 2023 | 10.75 billion current US$ | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 706.81 million current US$ | 247.60 million current US$ | 914.70 million current US$ | 10 |
| 1970s | 921.08 million current US$ | 682.82 million current US$ | 1.46 billion current US$ | 10 |
| 1980s | 2.90 billion current US$ | 1.75 billion current US$ | 4.37 billion current US$ | 10 |
| 1990s | 5.10 billion current US$ | 4.57 billion current US$ | 5.88 billion current US$ | 10 |
| 2000s | 6.02 billion current US$ | 4.38 billion current US$ | 7.85 billion current US$ | 10 |
| 2010s | 9.07 billion current US$ | 8.20 billion current US$ | 10.80 billion current US$ | 10 |
| 2020s | 11.28 billion current US$ | 10.75 billion current US$ | 11.90 billion current US$ | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 26 Cambodia 1.58 billion current US$ compare
- 27 Ghana 1.57 billion current US$ compare
- 28 Turkey 1.55 billion current US$ compare
- 29 South Africa 1.51 billion current US$ compare
- 30 Burkina Faso 1.44 billion current US$ compare
- 31 Zambia 1.42 billion current US$ compare
- 32 Sudan 1.39 billion current US$ compare
More aid effectiveness data for Latin America & Caribbean (excluding high income)
- Net bilateral aid flows from DAC donors, Austria 23.96 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 24.94 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 364.58 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 739.82 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 164.77 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 670.73 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 874.04 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 195.05 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 86.76 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 665.35 million current US$ (2023)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is net official development assistance received in Latin America & Caribbean (excluding high income)?
- Net official development assistance received in Latin America & Caribbean (excluding high income) was 10.75 billion 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 Latin America & Caribbean (excluding high income)?
- The highest recorded value was 11.90 billion current US$ in 2022.
- What is the lowest net official development assistance received recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 247.60 million current US$ in 1960.
- How does Latin America & Caribbean (excluding high income) rank for net official development assistance received?
- Latin America & Caribbean (excluding high income) ranks 29th out of 45 groups with data for 2023.
- Is net official development assistance received rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 23.2%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) 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.
Download this data
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 current U.S. dollars.