Net official development assistance received in Low income
Low income: Net official development assistance received was 44.64 billion current US$ in 2023. ◆ Volatile
Net official development assistance received in Low income, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net official development assistance received in Low income is 44.64 billion current US$, measured in 2023.
Compared with earlier readings it is up 10.7% on the previous year and up 53.0% over ten years.
Over the whole period, net official development assistance received in Low income peaked at 47.71 billion current US$ in 2020 and was at its lowest, 241.57 million current US$, in 1960.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 438.89 million current US$ | 241.57 million current US$ | 586.70 million current US$ | 10 |
| 1970s | 2.38 billion current US$ | 498.32 million current US$ | 5.67 billion current US$ | 10 |
| 1980s | 6.06 billion current US$ | 4.83 billion current US$ | 7.35 billion current US$ | 10 |
| 1990s | 7.53 billion current US$ | 5.94 billion current US$ | 9.24 billion current US$ | 10 |
| 2000s | 15.28 billion current US$ | 5.65 billion current US$ | 24.04 billion current US$ | 10 |
| 2010s | 32.89 billion current US$ | 24.00 billion current US$ | 43.38 billion current US$ | 10 |
| 2020s | 45.09 billion current US$ | 40.32 billion current US$ | 47.71 billion current US$ | 4 |
More aid effectiveness data for Low income
- Net bilateral aid flows from DAC donors, Austria 57.58 million current US$ (2023)
- Net ODA received per capita 61.39 current US$ (2023)
- Net official development assistance received 44.64 billion constant 2023 US$ (2023)
- Net ODA received 8.2% (2023)
- Net ODA received 36.6% (2023)
- Net official development assistance and official aid received 48.96 billion constant 2023 US$ (2021)
- Net official development assistance and official aid received 52.79 billion current US$ (2021)
- Net official flows from UN agencies, UNDP 0 current US$ (2023)
- Net official flows from UN agencies, UNICEF 365.39 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 9.57 billion current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Low income?
- Net official development assistance received in Low income was 44.64 billion 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 Low income?
- The highest recorded value was 47.71 billion current US$ in 2020.
- What is the lowest net official development assistance received recorded in Low income?
- The lowest recorded value was 241.57 million current US$ in 1960.
- Is net official development assistance received rising or falling in Low income?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is volatile.
- Where does this Low income 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.