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$, in 1992.
That places Cuba 49th out of 167 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.03 million current US$ | 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
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 167 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.