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Cuba: Net ODA received (% of GNI)

In , Cuba's Net ODA received (% of GNI) was 0.49.

That's down 35.7% from 2018, the highest value since .

The global average for this indicator in 2019 was 5.66 .

Source: World Bank Open Data (DT.ODA.ODAT.GN.ZS) • Data as of 2019

Trend (2004–2019)

Cuba Net ODA received (% of GNI) trend 2008: Global financial crisis 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2014 · Oil price collapse

Highlights

Peak
3.00
Trough
0.12
1-year change
-35.7%
5-year change
+48.8%
+8.3% / yr
10-year change
+143.0%
+9.3% / yr

Historical Data — Last 10 Years

Year Net ODA received (% of GNI)
0.4888
0.7606
0.7694
2.9950
0.6487
0.3286
0.1305
0.1189
0.1285
0.2201

About Net ODA received (% of GNI)

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).

Indicator code: DT.ODA.ODAT.GN.ZSCategory: Trade & Finance

Frequently asked questions

What was Cuba's Net ODA received (% of GNI) in 2019?
In 2019, Cuba's Net ODA received (% of GNI) was 0.49, according to World Bank Open Data.
Is Cuba's Net ODA received (% of GNI) rising or falling?
Cuba's Net ODA received (% of GNI) fell 35.7% from 2018 to 2019.
How does Cuba's Net ODA received (% of GNI) compare to the world average?
The global average for Net ODA received (% of GNI) in 2019 was 5.66, so Cuba is below the world average.
What is Net ODA received (% of GNI) and how is it measured?
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).
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Source: World Bank Open Data (DT.ODA.ODAT.GN.ZS), CC BY 4.0.