Foreign aid given as grants and concessional loans in Australia

Australia: Foreign aid given as grants and concessional loans was 3.31 billion in 2024. ▲ Rising

Latest (2024)
3.31 billion
Change on year
down 0.2%
World rank
15th
of 49 countries
All-time high
4.56 billion
in 2012
All-time low
1.14 billion
in 1965
Years of data
60
1965–2024

Foreign aid given as grants and concessional loans in Australia, 1965–2024

1.0B2.0B3.0B4.0B5.0B196519942024

Source: Our World in Data.

Analysis

Australia recorded 3.31 billion for foreign aid given as grants and concessional loans in 2024.

That represents a change of down 0.2% on the previous year and down 20.3% over ten years.

Over the whole period, foreign aid given as grants and concessional loans in Australia peaked at 4.56 billion in 2012 and was at its lowest, 1.14 billion, in 1965.

Australia ranks 15th of 49 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 60 years of available data.

Foreign aid given as grants and concessional loans in Australia, year by year

Annual values for Foreign aid given as grants and concessional loans in Australia, 1965 to 2024.
Year Value Change
1965 1.14 billion —
1966 1.16 billion +1.7%
1967 1.40 billion +20.5%
1968 1.51 billion +8.0%
1969 1.68 billion +11.1%
1970 1.80 billion +7.2%
1971 1.60 billion -11.1%
1972 1.84 billion +14.7%
1973 1.55 billion -15.4%
1974 1.90 billion +22.2%
1975 2.33 billion +22.8%
1976 1.52 billion -34.8%
1977 1.60 billion +5.5%
1978 2.11 billion +31.8%
1979 1.79 billion -15.1%
1980 1.67 billion -6.8%
1981 1.66 billion -0.3%
1982 1.78 billion +7.1%
1983 1.82 billion +2.3%
1984 2.00 billion +9.9%
1985 2.01 billion +0.3%
1986 1.98 billion -1.3%
1987 1.74 billion -12.1%
1988 1.78 billion +2.2%
1989 1.78 billion -0.2%
1990 1.81 billion +2.0%
1991 1.75 billion -3.3%
1992 1.86 billion +6.1%
1993 1.89 billion +1.6%
1994 2.00 billion +6.2%
1995 2.44 billion +21.5%
1996 2.03 billion -16.6%
1997 2.12 billion +4.2%
1998 2.02 billion -4.6%
1999 2.16 billion +7.2%
2000 2.34 billion +8.3%
2001 2.25 billion -4.1%
2002 2.04 billion -9.4%
2003 2.36 billion +15.8%
2004 2.41 billion +1.9%
2005 2.35 billion -2.2%
2006 2.69 billion +14.4%
2007 3.08 billion +14.4%
2008 3.29 billion +6.8%
2009 3.17 billion -3.6%
2010 3.73 billion +17.4%
2011 4.06 billion +8.9%
2012 4.56 billion +12.5%
2013 4.34 billion -4.9%
2014 4.15 billion -4.5%
2015 4.00 billion -3.5%
2016 3.74 billion -6.5%
2017 3.28 billion -12.3%
2018 3.54 billion +7.7%
2019 3.38 billion -4.3%
2020 3.35 billion -1.1%
2021 3.60 billion +7.5%
2022 3.03 billion -15.9%
2023 3.31 billion +9.5%
2024 3.31 billion -0.2%

Australia compared with similar countries

  • Australia's 3.31 billion is above the median for high income countries, which is 1.21 billion, 2.7× the median. (44 countries reporting)
  • Australia's 3.31 billion is above the median for East Asia & Pacific, which is 2.86 billion, 1.2× the median. (5 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.38 billion 1.14 billion 1.68 billion 5
1970s 1.80 billion 1.52 billion 2.33 billion 10
1980s 1.82 billion 1.66 billion 2.01 billion 10
1990s 2.01 billion 1.75 billion 2.44 billion 10
2000s 2.60 billion 2.04 billion 3.29 billion 10
2010s 3.88 billion 3.28 billion 4.56 billion 10
2020s 3.32 billion 3.03 billion 3.60 billion 5

Countries ranked near Australia

  1. 12 Sweden 4.58 billion compare
  2. 13 Spain 4.23 billion compare
  3. 14 Switzerland 4.14 billion compare
  4. 16 Belgium 3.03 billion compare
  5. 17 Denmark 2.95 billion compare
  6. 18 South Korea 2.86 billion compare

See the full ranking of 49 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is foreign aid given as grants and concessional loans in Australia?
Foreign aid given as grants and concessional loans in Australia was 3.31 billion in 2024, according to Our World in Data.
What is the highest foreign aid given as grants and concessional loans recorded in Australia?
The highest recorded value was 4.56 billion in 2012.
What is the lowest foreign aid given as grants and concessional loans recorded in Australia?
The lowest recorded value was 1.14 billion in 1965.
How does Australia rank for foreign aid given as grants and concessional loans?
Australia ranks 15th out of 49 countries with data for 2024.
Is foreign aid given as grants and concessional loans rising or falling in Australia?
Over the last ten years it is down 20.3%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Our World in Data, published as part of Foreign aid given as grants and concessional loans. Statizoid updates them automatically from the source API.

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Foreign aid given as grants and concessional loans in Australia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/foreign-aid-given-as-grants-and-concessional-loans/australia/

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About this data

Indicator
Foreign aid given as grants and concessional loans
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
49 places, 2,011 data points, 1960–2024
Last refreshed