Venezuela, RB: Net bilateral aid flows from DAC donors, Czech Republic (current US$)

Key figures

What the numbers say

In 2023, Venezuela, RB's net bilateral aid flows from DAC donors, Czech Republic (current US$) rose 533.5% on 2022 (from US$5,123 to US$32,456).

Across the 13 yearly changes before that (2006 to 2022), the average change was +55.1% and a typical year strayed about 168.1% from that (the standard deviation). This year's change was 2.8 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 533.5% in 2023 and the biggest yearly fall was 92.7% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 15% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Venezuela, RB had the 46th highest value of the 70 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 Venezuela, RB in the 2023 ranking

• Nigeria — 42nd of 70: US$41,602
• Argentina — 43rd of 70: US$36,883
• South Africa — 44th of 70: US$34,105
• Peru — 46th of 70: US$29,981
• Namibia — 47th of 70: US$29,421
• Pakistan — 48th of 70: US$29,316

What this measures

Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data.

Limitations: Data exclude DAC members’ multilateral aid (contributions to the regular budgets of the multilateral institutions). However, projects executed by multilateral institutions or nongovernmental organizations on behalf of DAC members are classified as bilateral aid (since the donor country effectively controls the use of the funds) and are included in the data. Aid to unspecified economies is included in regional totals and, when possible, income group totals. Aid not allocated by country or region - including administrative costs, research on development, and aid to nongovernmental organizations - is included in the world total.

Regional and income-group figures are computed by the World Bank as a sum.

All 17 values

Net bilateral aid flows from DAC donors, Czech Republic (current US$) in nearby economies

• Argentina — US$36,883 (2023)
• Bolivia — US$17,119 (2023)
• Brazil — US$23,697 (2023)
• Chile — US$128,285 (2017)
• Colombia — US$56,603 (2023)
• Costa Rica — US$1,499 (2022)
• Cuba — US$287,498 (2023)
• Ecuador — US$23,550 (2022)
• El Salvador

More economic policy & debt data for Venezuela, RB

• Final consumption expenditure (current US$) — US$88.98 billion (2025)
• Final consumption expenditure (current LCU) — 14.72 trillion (2025)
• Final consumption expenditure (% of GDP) — 89.28% (2025)
• Gross national expenditure (current US$) — US$94.88 billion (2025)
• Gross national expenditure (current LCU) — 15.7 trillion (2025)
• Gross national expenditure (% of GDP) — 95.21% (2025)
• Exports of goods and services (current US$) — US$14.85 billion (2025)
• Exports of goods and services (current LCU) — 2.46 trillion (2025)
• Exports of goods and services (% of GDP) — 14.9% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Venezuela, RB's net bilateral aid flows from DAC donors, Czech Republic (current US$)?

US$32,456 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 8.19% from US$30,000 in 2005 (0.44% a year on average, compounded). The highest value was US$96,019 in 2020 and the lowest US$1,084 in 2014.

How does Venezuela, RB rank?

46th highest of 70 economies with data for 2023.

Is the latest change in net bilateral aid flows from DAC donors, Czech Republic (current US$) unusual for Venezuela, RB?

Source

World Bank, World Development Indicators, indicator DC.DAC.CZEL.CD, licensed CC BY 4.0. Original source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Geographical Distribution of Financial Flows to Developing Countries, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Developmen… 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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