St. Lucia: Net ODA received (% of central government expense)

Key figures

What the numbers say

In 2017, St. Lucia's net ODA received (% of central government expense) fell 0.12 percentage points on 2016 (from 4.49% to 4.37%).

Across the 16 yearly changes before that (2001 to 2016), the average change was −0.23 percentage points and a typical year strayed about 9 percentage points from that (the standard deviation). This year's change was 0.0 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 17.94 percentage points in 2005 and the biggest yearly fall was 20.93 percentage points in 2004. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2008 to 2017 the straight-line trend is downward, about 1 percentage points a year. A straight line explains 57% 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.

Closest to St. Lucia in the 2017 ranking

• Afghanistan — 1st of 6: 51.82%
• Belize — 2nd of 6: 6.76%
• St. Vincent and the Grenadines — 3rd of 6: 5.68%
• Uruguay — 5th of 6: 0.21%
• Chile — 6th of 6: 0.11%

What this measures

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).

Limitations: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Ratio of aid to central government expense provides measures of recipient country's dependency on aid. But care must be taken in drawing policy conclusions.

All 18 values

Net ODA received (% of central government expense) in nearby economies

• Argentina — 0.19% (2023)
• Belize — 6.76% (2017)
• Brazil — 0.1% (2023)
• Chile — 0.11% (2017)
• Colombia — 0.84% (2023)
• Costa Rica — 0.58% (2023)
• Dominican Republic — 3.05% (2023)
• Ecuador — 1.07% (2022)
• El Salvador — 5.32% (2023)
• Guatemala

More economic policy & debt data for St. Lucia

• Adjusted savings, education expenditure (% of GNI) — 3.3% (2021)
• Adjusted savings, net forest depletion (current US$) — US$227,130 (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Net official development assistance and official aid received (current US$) — US$35.85 million (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$35.85 million (2023)
• Net official development assistance received (current US$) — US$35.85 million (2023)
• Net official development assistance received (constant 2023 US$) — US$35.85 million (2023)
• Net ODA received per capita (current US$) — US$199.96 (2023)

Reading data like this

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Questions people ask

What is St. Lucia's net ODA received (% of central government expense)?

4.37% in 2017, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is down 3.76 percentage points from 8.13% in 2000. The highest value was 22.16% in 2002 and the lowest -11.93% in 2004.

Is the latest change in net ODA received (% of central government expense) unusual for St. Lucia?

In 2017, St. Lucia's net ODA received (% of central government expense) fell 0.12 percentage points on 2016 (from 4.49% to 4.37%). Across the 16 yearly changes before that (2001 to 2016), the average change was −0.23 percentage points and a typical year strayed about 9 percentage points from that (the standard deviation). This year's change was 0.0 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 DT.ODA.ODAT.XP.ZS, 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.

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