Net official development assistance received in Venezuela
Venezuela: Net official development assistance received was 405.30 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance received in Venezuela, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Venezuela recorded 405.30 million constant 2023 US$ for net official development assistance received in 2023.
The figure is up 42.2% on the previous year and up 909.0% over ten years.
Over the whole period, net official development assistance received in Venezuela peaked at 703.35 million constant 2023 US$ in 1962 and was at its lowest, -434.74 million constant 2023 US$, in 1964.
Venezuela ranks 79th of 170 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 122.68 million constant 2023 US$ | -434.74 million constant 2023 US$ | 703.35 million constant 2023 US$ | 10 |
| 1970s | 7.71 million constant 2023 US$ | -65.23 million constant 2023 US$ | 52.42 million constant 2023 US$ | 10 |
| 1980s | 56.00 million constant 2023 US$ | 42.76 million constant 2023 US$ | 123.69 million constant 2023 US$ | 10 |
| 1990s | 54.84 million constant 2023 US$ | 3.25 million constant 2023 US$ | 128.46 million constant 2023 US$ | 10 |
| 2000s | 81.65 million constant 2023 US$ | 58.94 million constant 2023 US$ | 136.01 million constant 2023 US$ | 10 |
| 2010s | 89.28 million constant 2023 US$ | 40.17 million constant 2023 US$ | 294.05 million constant 2023 US$ | 10 |
| 2020s | 336.14 million constant 2023 US$ | 284.96 million constant 2023 US$ | 405.30 million constant 2023 US$ | 4 |
Countries ranked near Venezuela
- 76 Mauritania 419.49 million constant 2023 US$ compare
- 77 North Macedonia 414.46 million constant 2023 US$ compare
- 78 Panama 410.18 million constant 2023 US$ compare
- 81 Congo 377.50 million constant 2023 US$ compare
- 82 Georgia 365.22 million constant 2023 US$ compare
More aid effectiveness data for Venezuela
- Net bilateral aid flows from DAC donors, Austria 377,711 current US$ (2023)
- Net ODA received per capita 14.32 current US$ (2023)
- Net ODA received 0.4% (2023)
- Net ODA received 7.4% (2023)
- Net official development assistance received 405.30 million current US$ (2023)
- Net official development assistance and official aid received 405.30 million constant 2023 US$ (2023)
- Net official development assistance and official aid received 405.30 million current US$ (2023)
- Net official flows from UN agencies, UNDP 1.29 million current US$ (2022)
- Net official flows from UN agencies, UNICEF 1.43 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 202.13 million current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Venezuela?
- Net official development assistance received in Venezuela was 405.30 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 received recorded in Venezuela?
- The highest recorded value was 703.35 million constant 2023 US$ in 1962.
- What is the lowest net official development assistance received recorded in Venezuela?
- The lowest recorded value was -434.74 million constant 2023 US$ in 1964.
- How does Venezuela rank for net official development assistance received?
- Venezuela ranks 79th out of 170 countries with data for 2023.
- Is net official development assistance received rising or falling in Venezuela?
- Over the last ten years it is up 909.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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 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). Data are in constant 2023 U.S. dollars.