Net official development assistance and official aid received in Latvia
Latvia: Net official development assistance and official aid received was 161.81 million current US$ in 2004. ▲ Rising
Net official development assistance and official aid received in Latvia, 1991–2004
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2004, net official development assistance and official aid received in Latvia stood at 161.81 million current US$. That is the highest value across all 14 years on record.
The figure is up 42.7% on the previous year and up 206.7% over ten years.
Over the whole period, net official development assistance and official aid received in Latvia peaked at 161.81 million current US$ in 2004 and was at its lowest, 3.42 million current US$, in 1991.
That places Latvia 112th out of 180 countries with data for 2004, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 64.82 million current US$ | 3.42 million current US$ | 98.93 million current US$ | 9 |
| 2000s | 109.23 million current US$ | 75.20 million current US$ | 161.81 million current US$ | 5 |
Countries ranked near Latvia
More aid effectiveness data for Latvia
- Net bilateral aid flows from DAC donors, Austria 110,000 current US$ (2004)
- Net official development assistance and official aid received 198.32 million constant 2023 US$ (2004)
- Net official flows from UN agencies, UNDP 440,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, United States 2.77 million current US$ (2004)
- Net bilateral aid flows from DAC donors, Total 160.36 million current US$ (2004)
- Net bilateral aid flows from DAC donors, Norway 290,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Japan 690,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Italy 820,000 current US$ (2003)
- Net bilateral aid flows from DAC donors, Germany 5.99 million current US$ (2004)
- Net bilateral aid flows from DAC donors, Belgium 60,000 current US$ (2004)
Frequently asked questions
- What is net official development assistance and official aid received in Latvia?
- Net official development assistance and official aid received in Latvia was 161.81 million current US$ in 2004, 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 Latvia?
- The highest recorded value was 161.81 million current US$ in 2004.
- What is the lowest net official development assistance and official aid received recorded in Latvia?
- The lowest recorded value was 3.42 million current US$ in 1991.
- How does Latvia rank for net official development assistance and official aid received?
- Latvia ranks 112th out of 180 countries with data for 2004.
- Is net official development assistance and official aid received rising or falling in Latvia?
- Over the last ten years it is up 206.7%. The long-run trend across the full record is rising.
- Where does this Latvia 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 (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). 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 current U.S. dollars.