Cuba - Net official development assistance and official aid received (constant 2016 US$)

The latest value for Net official development assistance and official aid received (constant 2016 US$) in Cuba was 497,250,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 2,995,690,000 in 2016 and -1,220,000 in 1963.

Definition: 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). Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2016 U.S. dollars.

Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data

See also:

Year Value
1960 1,900,000
1961 1,460,000
1962 300,000
1963 -1,220,000
1964 3,200,000
1965 3,980,000
1966 4,900,000
1967 4,960,000
1968 4,250,000
1969 8,190,000
1970 11,170,000
1971 14,090,000
1972 18,410,000
1973 22,440,000
1974 55,440,000
1975 63,560,000
1976 146,780,000
1977 135,970,000
1978 135,760,000
1979 113,480,000
1980 102,610,000
1981 65,360,000
1982 85,600,000
1983 89,870,000
1984 91,670,000
1985 103,860,000
1986 84,920,000
1987 87,240,000
1988 100,560,000
1989 100,630,000
1990 75,820,000
1991 52,070,000
1992 32,950,000
1993 64,430,000
1994 66,390,000
1995 83,050,000
1996 75,520,000
1997 93,400,000
1998 112,670,000
1999 88,110,000
2000 72,930,000
2001 88,070,000
2002 94,940,000
2003 99,220,000
2004 117,210,000
2005 101,570,000
2006 92,050,000
2007 99,360,000
2008 117,830,000
2009 109,450,000
2010 129,180,000
2011 80,740,000
2012 79,640,000
2013 92,990,000
2014 220,320,000
2015 633,870,000
2016 2,995,690,000
2017 761,150,000
2018 749,710,000
2019 497,250,000

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Official development assistance