Viet Nam's net official development assistance received (current US$) was US$831.19 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 79.66% from US$4.09 billion in 2013 (14.72% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$831.19 million | 2023 |
| Five years earlier | US$1.64 billion | 2018 |
| Ten years earlier | US$4.09 billion | 2013 |
| Highest | US$4.22 billion | 2014 |
| Lowest | US$50.04 million | 2022 |
| Average since 2014 | US$1.8 billion | 2014–2023 |
| First recorded | US$191.85 million |
What the numbers say
In 2023, Viet Nam's net official development assistance received (current US$) rose 1,561.1% on 2022 (from US$50.04 million to US$831.19 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +5.7% and a typical year strayed about 58.4% from that (the standard deviation). This year's change was 26.6 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 1,561.1% in 2023 and the biggest yearly fall was 90.5% 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 the straight-line trend is downward, about US$414.74 million a year. A straight line explains 90% 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.
How it compares
In 2023, Viet Nam had the 48th 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.
| Value | Year | |
|---|---|---|
| Viet Nam | US$831.19 million | 2023 |
| World | US$259.48 billion | 2023 |
| East Asia & Pacific | US$10.74 billion | 2023 |
| Upper middle income | US$57.44 billion | 2023 |
Closest to Viet Nam in the 2023 ranking
What this measures
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.
Limitations: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy.
Regional and income-group figures are computed by the World Bank as a sum.
All 64 values
| Year | Net official development assistance received (current US$) |
|---|---|
| 2023 | 831,187,988 |
| 2022 | 50,037,109 |
| 2021 | 527,853,821 |
| 2020 | 1,172,559,570 |
| 2019 | 1,089,231,812 |
| 2018 | 1,644,828,247 |
| 2017 | 2,407,490,479 |
| 2016 | 2,906,071,777 |
| 2015 | 3,167,394,775 |
| 2014 | 4,215,623,535 |
Net official development assistance received (current US$) in nearby economies
- Cambodia — US$1.58 billion (2023)
- China — −US$267.16 million (2023)
- Fiji — US$190.19 million (2023)
- Indonesia — US$1.16 billion (2023)
- Kiribati — US$98.32 million (2023)
- Korea, Dem. People's Rep. — US$14.42 million (2023)
- Lao PDR — US$514.84 million (2023)
- Malaysia — US$6.58 million (2023)
- Marshall Islands — US$126.13 million (2023)
More economic policy & debt data for Viet Nam
- Grants, excluding technical cooperation (BoP, current US$) — 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$831.19 million (2023)
- Net official development assistance received (constant 2023 US$) — US$831.19 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Viet Nam's net official development assistance received (current US$)?
- US$831.19 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 333.25% from US$191.85 million in 1960 (2.35% a year on average, compounded). The highest value was US$4.22 billion in 2014 and the lowest US$50.04 million in 2022.
- How does Viet Nam rank?
- 48th highest of 136 economies with data for 2023.
- Is the latest change in net official development assistance received (current US$) unusual for Viet Nam?
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.
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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