Viet Nam's net ODA received (% of gross capital formation) was 0.61% in 2023, the latest year in the World Bank's World Development Indicators. That is down 5.72 percentage points from 6.33% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.61% | 2023 |
| Five years earlier | 1.66% | 2018 |
| Ten years earlier | 6.33% | 2013 |
| Highest | 16.09% | 2000 |
| Lowest | 0.04% | 2022 |
| Average since 2014 | 2.11% | 2014–2023 |
| First recorded | 13.82% | 1995 |
What the numbers say
In 2023, Viet Nam's net ODA received (% of gross capital formation) rose 0.57 percentage points on 2022 (from 0.04% to 0.61%).
Across the 27 yearly changes before that (1996 to 2022), the average change was −0.51 percentage points and a typical year strayed about 1.79 percentage points from that (the standard deviation). This year's change was 0.6 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 2.47 percentage points in 2011 and the biggest yearly fall was 4.95 percentage points in 2010. 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 downward, about 0.59 percentage points 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 -2.74% 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 0.47%, against 0.7% 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, Viet Nam had the 98th highest value of the 111 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.
| Value | Year | |
|---|---|---|
| Viet Nam | 0.61% | 2023 |
| World | 0.91% | 2023 |
| East Asia & Pacific | 0.1% | 2023 |
| Upper middle income | 0.54% | 2023 |
Closest to Viet Nam in the 2023 ranking
- Azerbaijan — 95th of 111: 0.96%
- Egypt, Arab Rep. — 96th of 111: 0.74%
- Belarus — 97th of 111: 0.64%
- Türkiye — 99th of 111: 0.39%
- Indonesia — 100th of 111: 0.28%
- Algeria — 101st of 111: 0.22%
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 gross capital formation provides measures of recipient country's dependency on aid. But care must be taken in drawing policy conclusions.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 29 values
| Year | Net ODA received (% of gross capital formation) |
|---|---|
| 2023 | 0.605 |
| 2022 | 0.0374 |
| 2021 | 0.4379 |
| 2020 | 1.06 |
| 2019 | 1.02 |
| 2018 | 1.66 |
| 2017 | 2.65 |
| 2016 | 3.56 |
| 2015 | 4.12 |
| 2014 | 5.96 |
| 2013 |
Net ODA received (% of gross capital formation) in nearby economies
More economic policy & debt data for Viet Nam
- Grants, excluding technical cooperation (BoP, current US$) — US$525.67 million (2023)
- Technical cooperation grants (BoP, current US$) — US$205.14 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$149.31 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$686.74 million (2023)
- Net official development assistance and official aid received (current US$) — US$831.19 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$831.19 million (2023)
- Net official development assistance received (current US$) — US$831.19 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Viet Nam's net ODA received (% of gross capital formation)?
- 0.61% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is down 13.22 percentage points from 13.82% in 1995. The highest value was 16.09% in 2000 and the lowest 0.04% in 2022.
Source
World Bank, World Development Indicators, indicator DT.ODA.ODAT.GI.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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