Net official development assistance received in Venezuela
Venezuela: Net official development assistance received was 147.13 million current US$ in 2018. ▲ Rising
Net official development assistance received in Venezuela, 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$.
Analysis
In 2018, net official development assistance received in Venezuela stood at 147.13 million current US$. That is the highest value across all 29 years on record.
That represents a change of up 69.4% on the previous year and up 145.0% over ten years.
Over the whole period, net official development assistance received in Venezuela peaked at 147.13 million current US$ in 2018 and was at its lowest, 7.40 million current US$, in 1997.
That places Venezuela 95th out of 170 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net official development assistance received in Venezuela, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 80.48 million current US$ | — |
| 1991 | 31.19 million current US$ | -61.2% |
| 1992 | 34.73 million current US$ | +11.3% |
| 1993 | 42.09 million current US$ | +21.2% |
| 1994 | 27.54 million current US$ | -34.6% |
| 1995 | 44.86 million current US$ | +62.9% |
| 1996 | 36.08 million current US$ | -19.6% |
| 1997 | 7.40 million current US$ | -79.5% |
| 1998 | 40.19 million current US$ | +443.1% |
| 1999 | 43.78 million current US$ | +8.9% |
| 2000 | 78.14 million current US$ | +78.5% |
| 2001 | 45.02 million current US$ | -42.4% |
| 2002 | 57.59 million current US$ | +27.9% |
| 2003 | 82.42 million current US$ | +43.1% |
| 2004 | 46.67 million current US$ | -43.4% |
| 2005 | 48.80 million current US$ | +4.6% |
| 2006 | 57.25 million current US$ | +17.3% |
| 2007 | 73.02 million current US$ | +27.5% |
| 2008 | 60.06 million current US$ | -17.7% |
| 2009 | 59.05 million current US$ | -1.7% |
| 2010 | 53.11 million current US$ | -10.1% |
| 2011 | 48.99 million current US$ | -7.8% |
| 2012 | 50.79 million current US$ | +3.7% |
| 2013 | 37.83 million current US$ | -25.5% |
| 2014 | 43.13 million current US$ | +14.0% |
| 2015 | 36.59 million current US$ | -15.2% |
| 2016 | 43.43 million current US$ | +18.7% |
| 2017 | 86.85 million current US$ | +100.0% |
| 2018 | 147.13 million current US$ | +69.4% |
Venezuela compared with similar countries
- Venezuela's 147.13 million current US$ is below the median for lower middle income countries, which is 659.93 million current US$, 22% of the median. (47 countries reporting)
- Venezuela's 147.13 million current US$ is above the median for Latin America & Caribbean, which is 70.99 million current US$, 2.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +443.1% | 7.40 million current US$ | 40.19 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.83 million current US$ | 7.40 million current US$ | 80.48 million current US$ | 10 |
| 2000s | 60.80 million current US$ | 45.02 million current US$ | 82.42 million current US$ | 10 |
| 2010s | 60.87 million current US$ | 36.59 million current US$ | 147.13 million current US$ | 9 |
Countries ranked near Venezuela
More external debt data for Venezuela
- Other investment, Debt instruments 191.50 billion US dollar (2016)
- Other investment, Debt instruments (Assets, Positions, US dollar) -4.07 % change on previous year (2016)
- Other investment, Debt instruments, Deposit taking corporations 842.00 million US dollar (2016)
- Other investment, Debt instruments (Assets, Positions, US dollar) 6,225 US dollar per person (2016)
- Other investment, Debt instruments (Assets, Positions, US dollar) 1.7 US dollar per US$ of GDP (2016)
- Liabilities, International Liquidity, Liabilities to Nonresidents 801.48 million (2015)
- Net lending (+) / net borrowing (-), General government, Percent of -5.5 (2030)
- Other investment, Debt instruments, Deposit taking corporations -7.57 % change on previous year (2016)
- Primary net lending (+) / net borrowing (-), General government -4.54 (2030)
- Other investment, Debt instruments, Deposit taking corporations 27.37 US dollar per person (2016)
Frequently asked questions
- What is net official development assistance received in Venezuela?
- Net official development assistance received in Venezuela was 147.13 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 Venezuela?
- The highest recorded value was 147.13 million current US$ in 2018.
- What is the lowest net official development assistance received recorded in Venezuela?
- The lowest recorded value was 7.40 million current US$ in 1997.
- How does Venezuela rank for net official development assistance received?
- Venezuela ranks 95th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Venezuela?
- Over the last ten years it is up 145.0%. The long-run trend across the full record is rising.
- Where does this Venezuela 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.