Somalia vs Turkey: Grants, excluding technical cooperation
Grants, excluding technical cooperation over time
- Somalia
- Turkey
How they compare
Somalia currently reports 2.30 billion BoP, current US$ against 1.93 billion BoP, current US$ in Turkey, a difference of 363.76 million BoP, current US$.
That makes Somalia's figure about 1.2 times Turkey's.
The two have swapped places 21 times across 64 shared years of data; in 1960 it was Turkey ahead.
Globally, Somalia ranks 10th and Turkey ranks 13th of 180 countries.
Individual pages
About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.