Net official development assistance received in Cuba
Cuba: Net official development assistance received was 167.15 million current US$ in 2023. ◆ Volatile
Net official development assistance received in Cuba, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net official development assistance received in Cuba stood at 167.15 million current US$.
Compared with earlier readings it is up 20.6% on the previous year and up 68.1% over ten years.
Over the whole period, net official development assistance received in Cuba peaked at 2.70 billion current US$ in 2016 and was at its lowest, -170,000 current US$, in 1963.
Cuba ranks 102nd of 170 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 474,000 current US$ | -170,000 current US$ | 1.31 million current US$ | 10 |
| 1970s | 23.44 million current US$ | 1.82 million current US$ | 47.99 million current US$ | 10 |
| 1980s | 43.11 million current US$ | 27.37 million current US$ | 61.26 million current US$ | 10 |
| 1990s | 53.03 million current US$ | 24.80 million current US$ | 80.15 million current US$ | 10 |
| 2000s | 84.48 million current US$ | 45.07 million current US$ | 125.51 million current US$ | 10 |
| 2010s | 590.08 million current US$ | 85.76 million current US$ | 2.70 billion current US$ | 10 |
| 2020s | 247.24 million current US$ | 138.59 million current US$ | 530.09 million current US$ | 4 |
Countries ranked near Cuba
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 and official aid received 167.15 million constant 2023 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 received in Cuba?
- Net official development assistance received in Cuba was 167.15 million current 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 Cuba?
- The highest recorded value was 2.70 billion current US$ in 2016.
- What is the lowest net official development assistance received recorded in Cuba?
- The lowest recorded value was -170,000 current US$ in 1963.
- How does Cuba rank for net official development assistance received?
- Cuba ranks 102nd out of 170 countries with data for 2023.
- Is net official development assistance received rising or falling in Cuba?
- Over the last ten years it is up 68.1%. 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 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.