Net official development assistance received in Cuba
Cuba: Net official development assistance received was 746.87 million current US$ in 2018. ◆ Volatile
Net official development assistance received in Cuba, 1990–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2018, net official development assistance received in Cuba stood at 746.87 million current US$.
That represents a change of up 1.7% on the previous year and up 495.1% 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, 24.80 million current US$, in 1992.
That places Cuba 49th out of 170 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 51.81 million current US$ | — |
| 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$ | +13.7% |
| 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 | 132.45 million current US$ | +17.7% |
| 2011 | 87.28 million current US$ | -34.1% |
| 2012 | 85.76 million current US$ | -1.7% |
| 2013 | 99.46 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 | 746.87 million current US$ | +1.7% |
Cuba compared with similar countries
- Cuba's 746.87 million current US$ is above the median for upper middle income countries, which is 139.09 million current US$, 5.4× the median. (59 countries reporting)
- Cuba's 746.87 million current US$ is above the median for Latin America & Caribbean, which is 70.99 million current US$, 10.5× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +383.6% | 557.96 million current US$ | 2.70 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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 | 600.46 million current US$ | 85.76 million current US$ | 2.70 billion current US$ | 9 |
Countries ranked near Cuba
More external debt data for Cuba
- Inward Direct investment, Assets (gross), Debt instruments, All 6.29 million (2024)
- Inward Direct investment, Liabilities (gross), All financial 243,831 (2024)
- Inward Direct investment, Liabilities (gross), Debt instruments, All 292.37 million (2024)
- Inward Direct investment, Net (liabilities less assets), Equity, All 436.52 million (2024)
- Inward Direct investment, Net (liabilities less assets), All 892.98 million (2024)
- Inward Direct investment, Net (liabilities less assets), All -8.07 million (2024)
- Inward Direct investment, Net (liabilities less assets), Debt 428.41 million (2024)
- Inward Direct investment, Net (liabilities less assets), Debt 142.88 million (2024)
- Inward Direct investment, Net (liabilities less assets), Debt -29,089 (2024)
- Outward Direct investment, Assets (gross), Debt instruments, All 33.17 million (2024)
Frequently asked questions
- What is net official development assistance received in Cuba?
- Net official development assistance received in Cuba was 746.87 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- 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 24.80 million current US$ in 1992.
- How does Cuba rank for net official development assistance received?
- Cuba ranks 49th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Cuba?
- Over the last ten years it is up 495.1%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, 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.