Net official development assistance received in Least developed countries: UN classification

Least developed countries: UN classification: Net official development assistance received was 60.83 billion current US$ in 2021. ◆ Volatile

Latest (2021)
60.83 billion current US$
Change on year
down 5.6%
All-time high
64.46 billion current US$
in 2020
All-time low
836.54 million current US$
in 1970
Years of data
52
1970–2021

Net official development assistance received in Least developed countries: UN classification, 1970–2021

020.0B40.0B60.0B197019952021

Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.

Analysis

In 2021, net official development assistance received in Least developed countries: UN classification stood at 60.83 billion current US$.

That represents a change of down 5.6% on the previous year and up 36.9% over ten years.

Over the whole period, net official development assistance received in Least developed countries: UN classification peaked at 64.46 billion current US$ in 2020 and was at its lowest, 836.54 million current US$, in 1970.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.40 billion current US$ 836.54 million current US$ 7.31 billion current US$ 10
1980s 10.09 billion current US$ 7.93 billion current US$ 13.48 billion current US$ 10
1990s 14.53 billion current US$ 11.90 billion current US$ 16.41 billion current US$ 10
2000s 25.78 billion current US$ 12.00 billion current US$ 39.60 billion current US$ 10
2010s 46.53 billion current US$ 43.01 billion current US$ 54.20 billion current US$ 10
2020s 62.65 billion current US$ 60.83 billion current US$ 64.46 billion current US$ 2

More aid effectiveness data for Least developed countries: UN classification

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Frequently asked questions

What is net official development assistance received in Least developed countries: UN classification?
Net official development assistance received in Least developed countries: UN classification was 60.83 billion current US$ in 2021, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
What is the highest net official development assistance received recorded in Least developed countries: UN classification?
The highest recorded value was 64.46 billion current US$ in 2020.
What is the lowest net official development assistance received recorded in Least developed countries: UN classification?
The lowest recorded value was 836.54 million current US$ in 1970.
Is net official development assistance received rising or falling in Least developed countries: UN classification?
Over the last ten years it is up 36.9%. The long-run trend across the full record is volatile.
Where does this Least developed countries: UN classification 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

Indicator
Net official development assistance received (current US$)
Unit
current US$
Source
Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 11,516 data points, 1960–2023
Last refreshed

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.