Latvia: Foreign aid

* indicates monthly or quarterly data series
 Latvia

Foreign aid and official development assistance received

 Latest value 161.81
 Year 2004
 Measure million U.S. dollars
 Data availability 1991 - 2004
 Average 80.68
 Min - Max 3.42 - 161.81
 Source World Bank
For that indicator, we provide data for Latvia from 1991 to 2004. The average value for Latvia during that period was 80.68 million U.S. dollars with a minimum of 3.42 million U.S. dollars in 1991 and a maximum of 161.81 million U.S. dollars in 2004. The latest value from 2004 is 161.81 million U.S. dollars. For comparison, the world average in 2004 based on 167 countries is 389.15 million U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Latvia - Foreign aid - recent values

Historical chart
Latvia - Foreign aid - historical chart - 1991-2004




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 current U.S. dollars.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 18.71 2022 percent
 Government spending, in dollars 7.66 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -4.40 2022 percent
 Government debt 40.80 2022 percent
 Government expenditure 1.95 Q3/2023 billion
 Long-term government bond yield 3.88 9/2023 percent
 Tax revenue 21.92 2021 percent
 Commercial tax rate 38.10 2019 percent
 Tax preparation time 169 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 42.40 2021 percent
 Taxes on international trade 0.04 2021 percent
 Income and profits taxes 7.45 2021 percent
 Foreign aid 161.81 2004 million U.S. dollars
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