Cuba CU: Net Official Development Assistance Received: % of Gross Capital Formation

Cuba CU: Net Official Development Assistance Received: % of Gross Capital Formation data was reported at 4.991 % in 2020. This records an increase from the previous number of 4.182 % for 2019. Cuba CU: Net Official Development Assistance Received: % of Gross Capital Formation data is updated yearly, averaging 1.435 % from Dec 1970 (Median) to 2020, with 51 observations. The data reached an all-time high of 30.888 % in 2016 and a record low of 0.123 % in 1970. Cuba CU: Net Official Development Assistance Received: % of Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Defense and Official Development Assistance. 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).;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 are available online at: www.oecd.org/dac/stats/idsonline. World Bank gross capital formation estimates are used for the denominator.;Weighted average;

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