Net official development assistance received in Venezuela
Venezuela: Net official development assistance received was 405.30 million current 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 current US$.
Analysis
In 2023, net official development assistance received in Venezuela stood at 405.30 million current US$. That is the highest value across all 64 years on record.
The figure is up 48.2% on the previous year and up 971.3% over ten years.
Over the whole period, net official development assistance received in Venezuela peaked at 405.30 million current US$ in 2023 and was at its lowest, -53.66 million current US$, in 1964.
Venezuela ranks 77th of 170 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.81 million current US$ | -53.66 million current US$ | 79.94 million current US$ | 10 |
| 1970s | 1.04 million current US$ | -15.25 million current US$ | 10.48 million current US$ | 10 |
| 1980s | 24.21 million current US$ | 16.51 million current US$ | 64.54 million current US$ | 10 |
| 1990s | 38.83 million current US$ | 7.40 million current US$ | 80.48 million current US$ | 10 |
| 2000s | 60.80 million current US$ | 45.02 million current US$ | 82.42 million current US$ | 10 |
| 2010s | 80.65 million current US$ | 36.59 million current US$ | 261.24 million current US$ | 10 |
| 2020s | 321.64 million current US$ | 273.56 million current US$ | 405.30 million current US$ | 4 |
Countries ranked near Venezuela
- 74 Mauritania 419.49 million current US$ compare
- 75 North Macedonia 414.46 million current US$ compare
- 76 Panama 410.18 million current US$ compare
- 79 Congo 377.50 million current US$ compare
- 80 Georgia 365.22 million current 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 official development assistance received 405.30 million constant 2023 US$ (2023)
- Net ODA received 0.4% (2023)
- Net ODA received 7.4% (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 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 Venezuela?
- The highest recorded value was 405.30 million current US$ in 2023.
- What is the lowest net official development assistance received recorded in Venezuela?
- The lowest recorded value was -53.66 million current US$ in 1964.
- How does Venezuela rank for net official development assistance received?
- Venezuela ranks 77th 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 971.3%. 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 (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.