Foreign aid given as grants and concessional loans in Australia

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

Latest (2024)
3.31 billion constant 2024 US$
Change on year
down 0.2%
World rank
15th
of 49 countries
All-time high
4.56 billion constant 2024 US$
in 2012
All-time low
1.14 billion constant 2024 US$
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: OECD (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

Australia recorded 3.31 billion constant 2024 US$ 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 constant 2024 US$ in 2012 and was at its lowest, 1.14 billion constant 2024 US$, 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.38 billion constant 2024 US$ 1.14 billion constant 2024 US$ 1.68 billion constant 2024 US$ 5
1970s 1.80 billion constant 2024 US$ 1.52 billion constant 2024 US$ 2.33 billion constant 2024 US$ 10
1980s 1.82 billion constant 2024 US$ 1.66 billion constant 2024 US$ 2.01 billion constant 2024 US$ 10
1990s 2.01 billion constant 2024 US$ 1.75 billion constant 2024 US$ 2.44 billion constant 2024 US$ 10
2000s 2.60 billion constant 2024 US$ 2.04 billion constant 2024 US$ 3.29 billion constant 2024 US$ 10
2010s 3.88 billion constant 2024 US$ 3.28 billion constant 2024 US$ 4.56 billion constant 2024 US$ 10
2020s 3.32 billion constant 2024 US$ 3.03 billion constant 2024 US$ 3.60 billion constant 2024 US$ 5

Countries ranked near Australia

  1. 12 Sweden 4.58 billion constant 2024 US$ compare
  2. 13 Spain 4.23 billion constant 2024 US$ compare
  3. 14 Switzerland 4.14 billion constant 2024 US$ compare
  4. 16 Belgium 3.03 billion constant 2024 US$ compare
  5. 17 Denmark 2.95 billion constant 2024 US$ compare
  6. 18 South Korea 2.86 billion constant 2024 US$ 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 constant 2024 US$ in 2024, according to OECD (2026) – with minor processing by 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 constant 2024 US$ 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 constant 2024 US$ 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 OECD (2026) – with minor processing by Our World in Data, published as part of Foreign aid given as grants and concessional loans. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Foreign aid given as grants and concessional loans
Unit
constant 2024 US$
Source
OECD (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
49 places, 2,011 data points, 1960–2024
Last refreshed

Official development assistance component that represents grants. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.