Venezuela, RB: Net official development assistance received (current US$)

Key figures

What the numbers say

In 2023, Venezuela, RB's net official development assistance received (current US$) rose US$131.73 million on 2022 (from US$273.56 million to US$405.3 million).

Across the 30 yearly changes before that (1993 to 2022), the average change was +US$7.96 million and a typical year strayed about US$33.65 million from that (the standard deviation). This year's change was 3.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$131.73 million in 2023 and the biggest yearly fall was US$97.58 million in 1964. 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 the straight-line trend is upward, about US$41.97 million a year. A straight line explains 88% 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.

A straight-line projection, tested first

Extending that straight line gives about US$458.72 million for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was US$44.56 million, against US$63.49 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2023, Venezuela, RB had the 76th highest value of the 136 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

• Mauritania — 73rd of 136: US$419.49 million
• North Macedonia — 74th of 136: US$414.46 million
• Panama — 75th of 136: US$410.18 million
• Kosovo — 77th of 136: US$402.26 million
• Congo, Rep. — 78th of 136: US$377.5 million
• Georgia — 79th of 136: US$365.22 million

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). Data are in current U.S. dollars.

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.

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

All 64 values

Net official development assistance received (current US$) in nearby economies

• Antigua and Barbuda — US$6.14 million (2021)
• Argentina — US$259.02 million (2023)
• Belize — US$31.86 million (2023)
• Bolivia — US$764.39 million (2023)
• Brazil — US$699.97 million (2023)
• Chile — US$70.31 million (2017)
• Colombia — US$1.03 billion (2023)
• Costa Rica — US$144.59 million (2023)
• Cuba — US$167.15 million (2023)

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 official development assistance received (current US$)?

US$405.3 million in 2023, according to the World Bank (World Development Indicators).

Source

World Bank, World Development Indicators, indicator DT.ODA.ODAT.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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