Venezuela, RB's technical cooperation grants (BoP, current US$) was US$19.77 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 1.3% from US$19.52 million in 2013 (0.13% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$19.77 million | 2023 |
| Five years earlier | US$21.38 million | 2018 |
| Ten years earlier | US$19.52 million | 2013 |
| Highest | US$36.65 million | 2001 |
| Lowest | −US$370,000 | 1962 |
| Average since 2014 | US$19.15 million | 2014–2023 |
| First recorded | US$40,000 |
What the numbers say
In 2023, Venezuela, RB's technical cooperation grants (BoP, current US$) rose US$2.84 million on 2022 (from US$16.93 million to US$19.77 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was −US$522,239 and a typical year strayed about US$4.41 million from that (the standard deviation). This year's change was 0.8 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 US$10.3 million in 2001 and the biggest yearly fall was US$8.95 million in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Venezuela, RB had the 103rd highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Venezuela, RB in the 2023 ranking
What this measures
Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 64 values
| Year | Technical cooperation grants (BoP, current US$) |
|---|---|
| 2023 | 19,773,887 |
| 2022 | 16,932,838 |
| 2021 | 23,376,945 |
| 2020 | 21,547,857 |
| 2019 | 20,444,084 |
| 2018 | 21,381,278 |
| 2017 | 16,430,407 |
| 2016 | 14,923,528 |
| 2015 | 17,407,598 |
| 2014 | 19,302,257 |
| 2013 |
Technical cooperation grants (BoP, current US$) in nearby economies
- Antigua and Barbuda — US$527,298 (2021)
- Argentina — US$28.46 million (2023)
- Belize — US$4.66 million (2023)
- Bolivia — US$54.8 million (2023)
- Brazil — US$186.71 million (2023)
- Chile — US$47.01 million (2017)
- Colombia — US$147.01 million (2023)
- Costa Rica — US$21.25 million (2023)
- Cuba — US$18.29 million (2023)
- Dominica
More economic policy & debt data for Venezuela, RB
- Final consumption expenditure (current US$) — 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$14.85 billion (2025)
- Exports of goods and services (current LCU) — 2.46 trillion (2025)
- Exports of goods and services (% of GDP) — 14.9% (2025)
Reading data like this
Questions people ask
- What is Venezuela, RB's technical cooperation grants (BoP, current US$)?
- US$19.77 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 49,335% from US$40,000 in 1960 (10.35% a year on average, compounded). The highest value was US$36.65 million in 2001 and the lowest −US$370,000 in 1962.
- How does Venezuela, RB rank?
- 103rd highest of 136 economies with data for 2023.
- Is the latest change in technical cooperation grants (BoP, current US$) unusual for Venezuela, RB?
Source
World Bank, World Development Indicators, indicator BX.GRT.TECH.CD.WD, licensed CC BY 4.0. Original source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), uri: DSD_DAC2@DF_DAC2A, note: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows, Developm… 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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