India vs Somalia: Net official development assistance and official aid received
Net official development assistance and official aid received over time
- India
- Somalia
How they compare
India currently reports 2.38 billion current US$ against 2.28 billion current US$ in Somalia, a difference of 95.47 million current US$.
The two have swapped places 2 times across 64 shared years of data; in 1960 it was India ahead.
Globally, India ranks 15th and Somalia ranks 17th of 180 countries.
Individual pages
About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. Data are in current U.S. dollars.