Development aid received — all countries

Development aid received — Latin America & Caribbean

Development aid received in Latin America & Caribbean in 2023 — 10,752,129,662 US$. Since 1960, the indicator has risen by 4,243.9%.

2023 10.75B US$ −9.64% vs 2022
World rank
Period maximum 11.9B US$2022
Period minimum 248M US$1960

Trend over time

1960–2023 · US$

Development aid received — Latin America & Caribbean, 1960–202305B10B15B19601967197419811988199520022009201620231960: 247,519,998 US$1962: 727,760,015 US$1964: 551,750,004 US$1966: 914,280,020 US$1968: 835,759,997 US$1970: 758,420,000 US$1972: 709,000,003 US$1974: 784,959,991 US$1976: 992,280,007 US$1978: 1,192,740,004 US$1980: 1,745,210,002 US$1982: 2,140,920,005 US$1984: 2,492,420,016 US$1986: 3,249,889,993 US$1988: 3,961,900,021 US$1990: 4,711,440,019 US$1992: 5,053,555,055 US$1994: 5,234,948,919 US$1996: 5,471,110,326 US$1998: 4,576,273,052 US$2000: 4,378,964,490 US$2002: 4,599,714,156 US$2004: 6,210,181,094 US$2006: 6,561,424,572 US$2008: 7,853,599,957 US$2010: 8,541,310,119 US$2012: 9,159,624,358 US$2014: 8,817,104,085 US$2016: 10,802,649,203 US$2018: 9,891,101,299 US$2020: 11,623,993,210 US$2022: 11,898,575,427 US$2023: 10,752,129,662 US$
Change over the period: +10.5B (+4,243.94%) Average annual rate: 6.17 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 10.75B US$
World 259B US$
Development aid received — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year US$ Change Change, %
2023 10.75B −1.15B −9.64%
2022 11.9B +1.04B +9.63%
2021 10.85B −770M −6.63%
2020 11.62B +3.39B +41.26%
2019 8.23B −1.66B −16.8%
2018 9.89B +1.69B +20.64%
2017 8.2B −2.6B −24.1%
2016 10.8B +1.83B +20.35%
2015 8.98B +159M +1.8%
2014 8.82B +82.91M +0.95%
2013 8.73B −425M −4.64%
2012 9.16B −217M −2.31%
2011 9.38B +835M +9.78%
2010 8.54B +758M +9.73%
2009 7.78B −70.01M −0.89%
2008 7.85B +1.63B +26.12%
2007 6.23B −334M −5.1%
2006 6.56B +644M +10.89%
2005 5.92B −293M −4.72%
2004 6.21B +741M +13.54%
2003 5.47B +870M +18.91%
2002 4.6B −662M −12.58%
2001 5.26B +883M +20.16%
2000 4.38B −664M −13.17%
1999 5.04B +467M +10.2%
1998 4.58B −42.6M −0.92%
1997 4.62B −852M −15.58%
1996 5.47B −413M −7.01%
1995 5.88B +649M +12.39%
1994 5.23B +294M +5.95%
1993 4.94B −113M −2.23%
1992 5.05B −458M −8.3%
1991 5.51B +800M +16.97%
1990 4.71B +344M +7.87%
1989 4.37B +406M +10.24%
1988 3.96B +85.54M +2.21%
1987 3.88B +626M +19.28%
1986 3.25B +315M +10.75%
1985 2.93B +442M +17.74%
1984 2.49B +188M +8.16%
1983 2.3B +163M +7.64%
1982 2.14B +189M +9.66%
1981 1.95B +207M +11.87%
1980 1.75B +282M +19.31%
1979 1.46B +270M +22.64%
1978 1.19B +255M +27.17%
1977 938M −54.4M −5.48%
1976 992M +14.89M +1.52%
1975 977M +192M +24.51%
1974 785M +75.59M +10.66%
1973 709M +369,997 +0.05%
1972 709M +26.18M +3.83%
1971 683M −75.6M −9.97%
1970 758M +27.7M +3.79%
1969 731M −105M −12.57%
1968 836M +67.57M +8.8%
1967 768M −146M −15.98%
1966 914M +134M +17.16%
1965 780M +229M +41.44%
1964 552M −173M −23.88%
1963 725M −2.93M −0.4%
1962 728M −41.34M −5.38%
1961 769M +522M +210.72%
1960 248M

About the indicator

Net official development assistance received: grants and concessional loans from states and international organizations, less repayments of principal on earlier concessional loans. The word net matters here — for a country that borrowed heavily in the past the value can turn out negative, if repayments exceed new receipts. The comparison with remittances is telling: for most middle-income countries remittances have long been several times larger than aid.

Important: A net quantity: repayments of earlier concessional loans are deducted, so negative values are possible. Military aid does not count as official development assistance.

Source: World Development Indicators (World Bank), license CC BY 4.0.