Foreign aid given as grants and concessional loans in Canada

Canada: Foreign aid given as grants and concessional loans was 5.61 billion constant 2024 US$ in 2024. ▲ Rising

Latest (2024)
5.61 billion constant 2024 US$
Change on year
down 3.8%
World rank
9th
of 49 countries
All-time high
5.94 billion constant 2024 US$
in 2022
All-time low
233.65 million constant 2024 US$
in 1962
Years of data
65
1960–2024

Foreign aid given as grants and concessional loans in Canada, 1960–2024

02.0B4.0B6.0B196019922024

Source: OECD (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2024, foreign aid given as grants and concessional loans in Canada stood at 5.61 billion constant 2024 US$.

That represents a change of down 3.8% on the previous year and up 54.6% over ten years.

Over the whole period, foreign aid given as grants and concessional loans in Canada peaked at 5.94 billion constant 2024 US$ in 2022 and was at its lowest, 233.65 million constant 2024 US$, in 1962.

That places Canada 9th out of 49 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 65 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 673.11 million constant 2024 US$ 233.65 million constant 2024 US$ 1.19 billion constant 2024 US$ 10
1970s 2.17 billion constant 2024 US$ 1.41 billion constant 2024 US$ 3.67 billion constant 2024 US$ 10
1980s 2.84 billion constant 2024 US$ 1.88 billion constant 2024 US$ 4.14 billion constant 2024 US$ 10
1990s 3.53 billion constant 2024 US$ 2.81 billion constant 2024 US$ 4.64 billion constant 2024 US$ 10
2000s 3.88 billion constant 2024 US$ 2.89 billion constant 2024 US$ 4.71 billion constant 2024 US$ 10
2010s 4.43 billion constant 2024 US$ 3.63 billion constant 2024 US$ 4.86 billion constant 2024 US$ 10
2020s 5.52 billion constant 2024 US$ 4.95 billion constant 2024 US$ 5.94 billion constant 2024 US$ 5

Countries ranked near Canada

  1. 6 Netherlands 7.53 billion constant 2024 US$ compare
  2. 7 Turkey 7.40 billion constant 2024 US$ compare
  3. 8 Italy 6.16 billion constant 2024 US$ compare
  4. 10 Saudi Arabia 4.84 billion constant 2024 US$ compare
  5. 11 Norway 4.70 billion constant 2024 US$ compare
  6. 12 Sweden 4.58 billion constant 2024 US$ compare

See the full ranking of 49 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is foreign aid given as grants and concessional loans in Canada?
Foreign aid given as grants and concessional loans in Canada was 5.61 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 Canada?
The highest recorded value was 5.94 billion constant 2024 US$ in 2022.
What is the lowest foreign aid given as grants and concessional loans recorded in Canada?
The lowest recorded value was 233.65 million constant 2024 US$ in 1962.
How does Canada rank for foreign aid given as grants and concessional loans?
Canada ranks 9th out of 49 countries with data for 2024.
Is foreign aid given as grants and concessional loans rising or falling in Canada?
Over the last ten years it is up 54.6%. The long-run trend across the full record is rising.
Where does this Canada 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 — 65 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.