South-South cooperation is mostly non-financial and often non-monetized
Share of cooperation activities initiated by nine Latin America and the Caribbean countries, by modality, 2020-2025
UN Trade and Development
The shares refer to support in the form of financial grants for developmental or humanitarian purposes (modality A.2), direct cash transfers under social development public programmes in partner countries (modality A.4) as well as non-financial support that may be monetized (modality group B) or non-monetized (modality group C). They represent sums of the average number of activities per year reported by Argentina for 2024; Brazil for 2020, 2022 and 2023; Chile for 2024; Colombia for 2023 and 2024; Dominican Republic for 2023; Ecuador for 2024; Mexico for 2022; Peru for 2024; and Uruguay for 2024 and 2025.
Almost all South-South cooperation activities reported by the nine pilot countries from Latin America and the Caribbean (99%) are non-financial.
Around one in nine (11%) activities are non-monetized, mainly delivered in the form of goods and materials, food or medicine, and experts or specialists deployed in technical cooperation projects. Argentina and Uruguay, for instance, report solely non-monetized South-South cooperation flows.
This suggests an important role of in-kind support between developing economies.