Net official development assistance and official aid received in Cuba
Cuba: Net official development assistance and official aid received was 167.15 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Cuba, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Cuba recorded 167.15 million constant 2023 US$ for net official development assistance and official aid received in 2023.
The figure is up 13.7% on the previous year and up 64.9% over ten years.
Over the whole period, net official development assistance and official aid received in Cuba peaked at 3.15 billion constant 2023 US$ in 2016 and was at its lowest, -1.38 million constant 2023 US$, in 1963.
That places Cuba 112th out of 180 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.54 million constant 2023 US$ | -1.38 million constant 2023 US$ | 9.01 million constant 2023 US$ | 10 |
| 1970s | 77.22 million constant 2023 US$ | 12.38 million constant 2023 US$ | 158.90 million constant 2023 US$ | 10 |
| 1980s | 98.71 million constant 2023 US$ | 71.13 million constant 2023 US$ | 112.69 million constant 2023 US$ | 10 |
| 1990s | 80.19 million constant 2023 US$ | 35.43 million constant 2023 US$ | 121.74 million constant 2023 US$ | 10 |
| 2000s | 108.73 million constant 2023 US$ | 78.85 million constant 2023 US$ | 129.00 million constant 2023 US$ | 10 |
| 2010s | 648.95 million constant 2023 US$ | 87.43 million constant 2023 US$ | 3.15 billion constant 2023 US$ | 10 |
| 2020s | 260.07 million constant 2023 US$ | 147.01 million constant 2023 US$ | 572.25 million constant 2023 US$ | 4 |
Countries ranked near Cuba
- 109 Fiji 190.19 million constant 2023 US$ compare
- 110 Guinea-Bissau 188.91 million constant 2023 US$ compare
- 111 Lesotho 172.32 million constant 2023 US$ compare
- 113 Comoros 166.35 million constant 2023 US$ compare
- 114 Estonia 165.96 million constant 2023 US$ compare
- 115 Bhutan 156.84 million constant 2023 US$ compare
More aid effectiveness data for Cuba
- Net bilateral aid flows from DAC donors, Austria 142,165 current US$ (2023)
- Net ODA received per capita 15.17 current US$ (2023)
- Net official development assistance received 167.15 million constant 2023 US$ (2023)
- Net ODA received 0.5% (2019)
- Net ODA received 5.0% (2020)
- Net official development assistance received 167.15 million current US$ (2023)
- Net official development assistance and official aid received 167.15 million current US$ (2023)
- Net official flows from UN agencies, UNDP 755,639 current US$ (2022)
- Net official flows from UN agencies, UNICEF -6.72 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 7.74 million current US$ (2023)
Frequently asked questions
- What is net official development assistance and official aid received in Cuba?
- Net official development assistance and official aid received in Cuba was 167.15 million constant 2023 US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance and official aid received recorded in Cuba?
- The highest recorded value was 3.15 billion constant 2023 US$ in 2016.
- What is the lowest net official development assistance and official aid received recorded in Cuba?
- The lowest recorded value was -1.38 million constant 2023 US$ in 1963.
- How does Cuba rank for net official development assistance and official aid received?
- Cuba ranks 112th out of 180 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Cuba?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net official development assistance and official aid received (constant 2023 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). Net official aid refers to aid flows (net of repayments) from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. Data are in constant 2023 U.S. dollars.