Net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Net official development assistance received was 7.89 billion current US$ in 2018. ▲ Rising
Net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries), 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$.
Analysis
The most recent figure for net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries) is 7.89 billion current US$, measured in 2018.
Compared with earlier readings it is up 24.1% on the previous year and up 14.6% over ten years.
Over the whole period, net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries) peaked at 8.35 billion current US$ in 2011 and was at its lowest, 3.56 billion current US$, in 2000.
That places Latin America & the Caribbean (IDA & IBRD countries) 30th out of 42 groups with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 4.39 billion current US$ | — |
| 1991 | 5.12 billion current US$ | +16.6% |
| 1992 | 4.64 billion current US$ | -9.3% |
| 1993 | 4.61 billion current US$ | -0.8% |
| 1994 | 4.85 billion current US$ | +5.3% |
| 1995 | 5.38 billion current US$ | +10.8% |
| 1996 | 5.03 billion current US$ | -6.5% |
| 1997 | 4.14 billion current US$ | -17.7% |
| 1998 | 3.98 billion current US$ | -3.7% |
| 1999 | 4.42 billion current US$ | +11.0% |
| 2000 | 3.56 billion current US$ | -19.6% |
| 2001 | 4.84 billion current US$ | +36.2% |
| 2002 | 4.27 billion current US$ | -11.8% |
| 2003 | 5.01 billion current US$ | +17.4% |
| 2004 | 5.29 billion current US$ | +5.5% |
| 2005 | 5.34 billion current US$ | +1.0% |
| 2006 | 6.04 billion current US$ | +13.1% |
| 2007 | 5.46 billion current US$ | -9.6% |
| 2008 | 6.88 billion current US$ | +26.1% |
| 2009 | 7.03 billion current US$ | +2.2% |
| 2010 | 8.08 billion current US$ | +14.9% |
| 2011 | 8.35 billion current US$ | +3.4% |
| 2012 | 7.67 billion current US$ | -8.1% |
| 2013 | 7.59 billion current US$ | -1.0% |
| 2014 | 7.53 billion current US$ | -0.8% |
| 2015 | 7.43 billion current US$ | -1.4% |
| 2016 | 6.98 billion current US$ | -6.0% |
| 2017 | 6.36 billion current US$ | -8.9% |
| 2018 | 7.89 billion current US$ | +24.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.66 billion current US$ | 3.98 billion current US$ | 5.38 billion current US$ | 10 |
| 2000s | 5.37 billion current US$ | 3.56 billion current US$ | 7.03 billion current US$ | 10 |
| 2010s | 7.54 billion current US$ | 6.36 billion current US$ | 8.35 billion current US$ | 9 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 27 Malawi 1.27 billion current US$ compare
- 28 Ukraine 1.22 billion current US$ compare
- 29 Niger 1.20 billion current US$ compare
- 30 Türkiye 1.19 billion current US$ compare
- 31 Cameroon 1.16 billion current US$ compare
- 32 Rwanda 1.12 billion current US$ compare
- 33 Burkina Faso 1.11 billion current US$ compare
More external debt data for Latin America & the Caribbean (IDA & IBRD countries)
- IFC, private nonguaranteed 918.17 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.42 NFL, US$ 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$), per square kilometre 74.56 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA 355.03 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0.5487 NFL, current US$ 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, IBRD 2.94 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.6% (2024)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries)?
- Net official development assistance received in Latin America & the Caribbean (IDA & IBRD countries) was 7.89 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 8.35 billion current US$ in 2011.
- What is the lowest net official development assistance received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 3.56 billion current US$ in 2000.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for net official development assistance received?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 30th out of 42 groups with data for 2018.
- Is net official development assistance received rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.