Net official development assistance received (current US$) (official) in Latin America & Caribbean
Latin America & Caribbean: Net official development assistance received (current US$) (official) was 10.47 billion current US$ in 2018. ▲ Rising
Net official development assistance received in Latin America & Caribbean, 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$.
Analysis
In 2018, net official development assistance received in Latin America & Caribbean stood at 10.47 billion current US$.
The figure is up 19.6% on the previous year and up 15.5% over ten years.
Over the whole period, net official development assistance received in Latin America & Caribbean peaked at 11.41 billion current US$ in 2016 and was at its lowest, 4.78 billion current US$, in 2000.
That places Latin America & Caribbean 25th out of 44 groups with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net official development assistance received (current US$) (official) in Latin America & Caribbean, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 5.00 billion current US$ | — |
| 1991 | 5.73 billion current US$ | +14.7% |
| 1992 | 5.28 billion current US$ | -7.8% |
| 1993 | 5.17 billion current US$ | -2.1% |
| 1994 | 5.63 billion current US$ | +8.8% |
| 1995 | 6.10 billion current US$ | +8.3% |
| 1996 | 7.02 billion current US$ | +15.2% |
| 1997 | 5.11 billion current US$ | -27.2% |
| 1998 | 5.16 billion current US$ | +1.0% |
| 1999 | 5.65 billion current US$ | +9.5% |
| 2000 | 4.78 billion current US$ | -15.5% |
| 2001 | 5.69 billion current US$ | +19.1% |
| 2002 | 4.91 billion current US$ | -13.6% |
| 2003 | 5.86 billion current US$ | +19.2% |
| 2004 | 6.64 billion current US$ | +13.4% |
| 2005 | 6.46 billion current US$ | -2.8% |
| 2006 | 7.07 billion current US$ | +9.5% |
| 2007 | 6.74 billion current US$ | -4.6% |
| 2008 | 9.06 billion current US$ | +34.4% |
| 2009 | 8.68 billion current US$ | -4.2% |
| 2010 | 9.76 billion current US$ | +12.5% |
| 2011 | 10.10 billion current US$ | +3.4% |
| 2012 | 10.27 billion current US$ | +1.7% |
| 2013 | 10.43 billion current US$ | +1.6% |
| 2014 | 10.13 billion current US$ | -2.9% |
| 2015 | 10.29 billion current US$ | +1.6% |
| 2016 | 11.41 billion current US$ | +10.8% |
| 2017 | 8.75 billion current US$ | -23.3% |
| 2018 | 10.47 billion current US$ | +19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.59 billion current US$ | 5.00 billion current US$ | 7.02 billion current US$ | 10 |
| 2000s | 6.59 billion current US$ | 4.78 billion current US$ | 9.06 billion current US$ | 10 |
| 2010s | 10.18 billion current US$ | 8.75 billion current US$ | 11.41 billion current US$ | 9 |
Countries ranked near Latin America & Caribbean
- 22 Somalia 1.57 billion current US$ compare
- 23 Mali 1.49 billion current US$ compare
- 24 Nepal 1.45 billion current US$ compare
- 25 Lebanon 1.42 billion current US$ compare
- 26 Pakistan 1.36 billion current US$ compare
- 27 Malawi 1.27 billion current US$ compare
- 28 Ukraine 1.22 billion current US$ compare
More external debt data for Latin America & Caribbean
- Net financial flows, IBRD 3.53 billion NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 1.39 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 74.09 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita 0.5361 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 10.17 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate 74.15 % change on previous year (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 108.36 % change on previous year (2024)
- IFC, private nonguaranteed (NFL, US$), annual growth rate -38.21 % change on previous year (2024)
Frequently asked questions
- What is net official development assistance received in Latin America & Caribbean?
- Net official development assistance received in Latin America & Caribbean was 10.47 billion current US$ 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 Latin America & Caribbean?
- The highest recorded value was 11.41 billion current US$ in 2016.
- What is the lowest net official development assistance received recorded in Latin America & Caribbean?
- The lowest recorded value was 4.78 billion current US$ in 2000.
- How does Latin America & Caribbean rank for net official development assistance received?
- Latin America & Caribbean ranks 25th out of 44 groups with data for 2018.
- Is net official development assistance received rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 15.5%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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.