Portugal's net ODA provided, total (constant 2023 US$) was US$628.47 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 39.73% from US$449.77 million in 2014 (3.4% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$628.47 million | 2024 |
| Five years earlier | US$431.65 million | 2019 |
| Ten years earlier | US$449.77 million | 2014 |
| Highest | US$1.34 billion | 2004 |
| Lowest | US$15.75 million | 1980 |
| Average since 2015 | US$457.58 million | 2015–2024 |
| First recorded | US$15.75 million |
What the numbers say
In 2024, Portugal's net ODA provided, total (constant 2023 US$) rose 38.2% on 2023 (from US$454.91 million to US$628.47 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +5% and a typical year strayed about 39% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 236% in 1983 and the biggest yearly fall was 64.6% in 2005. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$17.39 million a year. A straight line explains 62% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Portugal had the 23rd highest value of the 32 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Portugal in the 2024 ranking
- Austria — 19th of 32: US$1.68 billion
- Finland — 20th of 32: US$1.34 billion
- New Zealand — 21st of 32: US$767.55 million
- Luxembourg — 23rd of 32: US$578.8 million
- Czechia — 24th of 32: US$572.45 million
- Greece — 25th of 32: US$345.35 million
What this measures
Net Official development assistance (ODA) comprises grants or loans to developing countries and territories on the OECD/DAC list of aid recipients that are undertaken by the official sector with promotion of economic development and welfare as the main objective and at concessional financial terms. Data are in constant 2023 U.S. dollars.
All 45 values
| Year | Net ODA provided, total (constant 2023 US$) |
|---|---|
| 2024 | 628,474,812 |
| 2023 | 454,910,000 |
| 2022 | 482,831,948 |
| 2021 | 459,836,938 |
| 2020 | 458,036,213 |
| 2019 | 431,645,341 |
| 2018 | 424,019,290 |
| 2017 | 443,968,189 |
| 2016 | 414,351,903 |
| 2015 | 377,755,915 |
| 2014 |
Net ODA provided, total (constant 2023 US$) in nearby economies
- Austria — US$1.68 billion (2024)
- Belgium — US$3.19 billion (2024)
- Czechia — US$572.45 million (2024)
- Denmark — US$2.98 billion (2024)
- Estonia — US$80.7 million (2024)
- Finland — US$1.34 billion (2024)
- France — US$14.72 billion (2024)
- Germany — US$31.86 billion (2024)
- Greece — US$345.35 million (2024)
- Hungary — US$197.7 million (2024)
More economic policy & debt data for Portugal
- Total reserves, including gold (current US$) — US$68.84 billion (2025)
- Total reserves, excluding gold (current US$) — US$15.1 billion (2025)
- GDP (current US$) — US$346.64 billion (2025)
- GDP (current LCU) — 306.77 billion (2025)
- GDP (constant 2015 US$) — US$246.9 billion (2025)
- GDP (constant LCU) — 243.72 billion (2025)
- GDP per capita (current US$) — US$32,082 (2025)
- GDP per capita (current LCU) — 28,391 (2025)
- GDP per capita (constant 2015 US$) — US$22,851 (2025)
- GDP per capita (constant LCU) — 22,556 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Portugal's net ODA provided, total (constant 2023 US$)?
- US$628.47 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 3,890% from US$15.75 million in 1980 (8.74% a year on average, compounded). The highest value was US$1.34 billion in 2004 and the lowest US$15.75 million in 1980.
- How does Portugal rank?
- 23rd highest of 32 economies with data for 2024.
- Is the latest change in net ODA provided, total (constant 2023 US$) unusual for Portugal?
- In 2024, Portugal's net ODA provided, total (constant 2023 US$) rose 38.2% on 2023 (from US$454.91 million to US$628.47 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +5% and a typical year strayed about 39% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DC.ODA.TOTL.KD, licensed CC BY 4.0. Original source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), uri: www.oecd.org/dac/stats/idsonline; Geographical Distribution of Financial Flows to Developing Countries, Organisation for Economic Co-operation and Development (OECD), uri: www.oecd.org/dac/stats/ids… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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