Viet Nam: Net official flows from UN agencies, IFAD (current US$)

Key figures

What the numbers say

In 2023, Viet Nam's net official flows from UN agencies, IFAD (current US$) rose US$4.68 million on 2022 (from −US$3.69 million to US$989,400).

Across the 29 yearly changes before that (1994 to 2022), the average change was −US$160,547 and a typical year strayed about US$4.26 million from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$8.33 million in 2011 and the biggest yearly fall was US$9.01 million in 2019. 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$3.09 million a year. A straight line explains 84% 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 47th highest value of the 92 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 Viet Nam in the 2023 ranking

• El Salvador — 44th of 92: US$1.58 million
• Comoros — 45th of 92: US$1.47 million
• Ghana — 46th of 92: US$1.06 million
• Lesotho — 48th of 92: US$974,000
• Afghanistan — 49th of 92: US$822,370
• Somalia, Fed. Rep. — 50th of 92: US$756,140

What this measures

Net official flows from UN agencies are the net disbursements of total official flows from the UN agencies. Total official flows are the sum of Official Development Assistance (ODA) or official aid and Other Official Flows (OOF) and represent the total disbursements by the official sector at large to the recipient country. 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.

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

All 31 values

Net official flows from UN agencies, IFAD (current US$) in nearby economies

• Cambodia — US$14.18 million (2023)
• China — −US$7.85 million (2023)
• Indonesia — −US$3.85 million (2023)
• Korea, Dem. People's Rep. — −US$14,032 (2016)
• Lao PDR — US$7.44 million (2023)
• Mongolia — −US$756,000 (2023)
• Papua New Guinea — US$3.37 million (2023)
• Philippines — −US$4.26 million (2023)
• Samoa — −US$17,830 (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$831.19 million (2023)
• Net official development assistance received (current US$) — US$831.19 million (2023)
• Net official development assistance received (constant 2023 US$)

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 Viet Nam's net official flows from UN agencies, IFAD (current US$)?

US$989,400 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is up 2% from US$970,000 in 1993 (0.07% a year on average, compounded). The highest value was US$27.47 million in 2015 and the lowest −US$3.69 million in 2022.

How does Viet Nam rank?

47th highest of 92 economies with data for 2023.

Is the latest change in net official flows from UN agencies, IFAD (current US$) unusual for Viet Nam?

Source

World Bank, World Development Indicators, indicator DT.NFL.IFAD.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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